According to data released this Wednesday by the Department of Labor, the producer price index in the United States increased during the month of bril 1.4%, the highest monthly gain recorded since 2022, placing wholesale inflation at 6% year-on-year, the-highest level in more than three years.

According to the report, the rise in producer prices occurs at a time of great economic tension with the increase in energy costs in the face of development of the war in Iran, which has caused companies to begin passing additional costs onto the bills of Americans.

The largest increases in inflation were observed in the services and goods sector; between March and April alone, energy prices increased 7.8% compared to 22.7% last year.

The cost of gasoline was the dominant factor in the report; currently, filling up the tank can cost Americans more than $4.50 per g alon, which represents an increase of approximately 50% since the start of the conflict in the Middle East that caused the closure of the Strait of Hormuz.

For its part, basic prices for food and energy increased by 1% compared to March and 5.2% since April last year.

For Carl Weinberg, chief economist of High Frequency Economics, this latest report, on both inflation and producer prices, will sound alarms for the Federal Reserve and aviv will start the debate on affordability. “The results far exceed expectations, so this update will also ring alarms in the financial markets,” he told AP.

For his part, Ben Ayers, Nationwide senior economist, noted that “the rebound in input prices foreshadows further increases in consumer prices in May. The FOMC will advocate for a long pause in interest rates, even as new Federal Reserve Chairman, Kevin Warsh, probably prefers to lower rates over time,” he told Reuters.

This week, the Bureau of Labor Statistics (BLS) also released inflation data, indicating that the consumer price index increased by 0.6% in April, putting year-over-year inflation at 3.8%.

Although many economists agree that the solution to high prices is to reach an agreement with Iran, since this will alleviate geopolitical tensions and restore confidence in the market.

This Tuesday, the American president Donald Trump surprised with his statements by expressing that currently “the financial difficulties of Americans are not a factor cl "bird for decision-making," he said assuring that the only thing he thinks is that "we can't allow Iran to have a nuclear weapon."