Prices charged by producers rose by 1.4% in April from the month before, blowing past March’s 0.7% increase, according to the Labor Department’s producer-price index.

Inflation hit a nearly three-year high in April. Prices for the goods Americans buy most are still going up, while consumer sentiment keeps falling.

New inflation data shows a concerning trend in April as the Iran war impacts Americans' wallets. CBS News' Kelly O'Grady reports.

The new CPI report showed annual inflation sped up to 3.8% in April, the highest rate since 2023. Higher energy prices due to the Iran war are affecting consumer prices. Prices at the pump are having unequal effects on consumers,

Wholesale prices in April rose the most in three years, signaling more nettlesome inflation as pipeline costs intensify. The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.

Consumer prices rose more than expected in April, a sign that inflation might be accelerating as the Iran war's fallout continues to ripple through the economy. Headline CPI rose 0.6% from the previous month and 3.

Inflation, or the general increase in the prices of goods, in Central Visayas accelerated to an all-time high in April as surges in oil prices weighed down on transportation and logistics. For April,

Inflation has risen to its highest level in three years, according to federal data released Tuesday, and gas prices in Houston are up more than 50% over the past two months.