Wholesale inflation rose 11% in April as producer prices keep accelerating

• Producer prices at the wholesale level rose 11% over the past year and 0.5% in April alone, the Bureau of Labor Statistics reported Thursday.
• Weekly jobless claims were little changed, but continuing claims fell to their lowest level since January 1970.

https://www.cnbc.com/2022/05/12/wholesale-inflation-rose-11percent-in-april-as-producer-prices-keep-accelerating.html