The first part of the headline is from CNN, April 14:
Wholesale inflation rose in March to three year-high
Fast-rising oil prices sent US businesses’ costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday.
The Producer Price Index, which measures the average change in prices received by producers of goods and services, rose 0.5% from February, the same pace seen the month before.
While the annual rate of wholesale inflation jumped higher, the March PPI came in better than expected. Economists estimated wholesale prices would rise 1.1% from February, driving the annual rate to 4.6% from the 3.4%, according to FactSet estimates...
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While CNBC went with "Wholesale prices rose 0.5% in March, much less than expected despite war impact"
Reuters: "US producer prices increase less than expected in March"
And ZeroHedge: "US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs" with a half-dozen charts and graphs.
So pick your poison.
Or go direct to the Bureau of Labor Statics:
PRODUCER PRICE INDEXES - MARCH 2026