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Wholesale Prices Jump 0.5% in March Amid Inflation Concerns

4/15/2026

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Story summary
  • The U.S. wholesale price index rose 0.5% in March, driven by higher energy costs amid the Iran war.
  • The annual wholesale price increase rose to 4.0% in March, the highest since February 2023.
  • The core index, excluding food and energy, rose 0.1% in March, while gasoline prices surged 15.7%.
  • Inflation concerns persist for small business owners and consumers, while polls suggest Democrats may gain seats in the upcoming midterm elections.