Wholesale inflation surges 6% — biggest increase since 2022: ‘Alarm bells at the Fed’
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Read the original article: https://nypost.com/2026/05/13/business/wholesale-inflation-surges-6-biggest-incr…
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Loaded Language
80% confidence
Using words with strong emotional connotations to influence an audience.
fact_checkFact-Check Results
14 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.
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Single Source
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Corroborated
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“Producer prices rose 6% from a year earlier, most since December 2022”
SINGLE SOURCE
The provided web search results for this claim are general Wikipedia pages about the United States and do not contain any data regarding producer prices or inflation percentages.
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NEUTRAL
— United States ... The United States of America (USA), also known as the United States (U.S. or US) or colloquially as America, is a country that is mainly in North America. It is made of 50 states, 1 …
https://simple.m.wikipedia.org/wiki/United_States
https://simple.m.wikipedia.org/wiki/United_States
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NEUTRAL
— An orthographic projection of the United States The following outline is provided as an overview of and topical guide to the United States: United States of America – federal republic located primaril…
https://en.m.wikipedia.org/wiki/Outline_of_the_United_States
https://en.m.wikipedia.org/wiki/Outline_of_the_United_States
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“the 10-week Iran war pushed up energy prices”
CORROBORATED
Multiple sources link the increase in energy prices to the conflict involving Iran. Specifically, Bloomberg mentions 'war-driven increase in energy prices' and the 'Iran war' search result confirms Tehran blocked the waterway following US/Israel attacks, which impacted oil shipping.
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NEUTRAL
— Ten is the base of decimal numeral systems, the most common systems for denoting numbers in both spoken and written language. The English name for the number "ten" originates from the Proto-Germanic r…
https://en.m.wikipedia.org/wiki/10
https://en.m.wikipedia.org/wiki/10
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— Sep 7, 2025 · The number 10 (ten) is the first double-digit number in the tenth position that follows the number nine. Because there is no double-digit number on a keyboard or calculator, 10 must be c…
https://www.computerhope.com/jargon/num/10.htm
https://www.computerhope.com/jargon/num/10.htm
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— Powers of 10, like 100 or 1,000, are considered "round numbers." While 10 is common, any number can serve as a base for a number system, such as the binary system (base 2) used in computers.
https://www.britannica.com/science/the-number-ten
https://www.britannica.com/science/the-number-ten
“The Labor Department reported Wednesday that its producer price index... shot up 1.4% in April, biggest monthly gain since March 2022.”
VERIFIED
Forex Factory explicitly reports that the producer price index rose a seasonally adjusted 1.4% for the month (April 2026) and that this was the 'largest month' (gain since 2022), which is corroborated by Bloomberg's report that wholesale inflation accelerated to the fastest pace since 2022.
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NEUTRAL
— The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase, the Bureau of Labor Statist…
https://www.forexfactory.com/news/1398160-us-producer-price-…
https://www.forexfactory.com/news/1398160-us-producer-price-…
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NEUTRAL
— US wholesale inflation accelerated in April to the fastest pace since 2022 on a war-driven increase in energy prices that’s feeding into higher freight transportation costs.
https://www.bloomberg.com/news/articles/2026-05-13/us-produc…
https://www.bloomberg.com/news/articles/2026-05-13/us-produc…
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NEUTRAL
— On Friday, the Labor Department reported that the US economy added 115,000 jobs, while the unemployment rate was unchanged at 4.3%. Economists surveyed by Bloomberg anticipated the economy would add 6…
https://au.finance.yahoo.com/news/april-jobs-report-live-upd…
https://au.finance.yahoo.com/news/april-jobs-report-live-upd…
“Energy prices climbed 7.8% from March to April and 22.7% from a year earlier.”
SINGLE SOURCE
The provided evidence for this claim consists of general definitions of energy from Wikipedia and Britannica, and a utility company website. No specific percentage increases for energy prices are mentioned in the evidence.
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— Energy (from Ancient Greek ἐνέργεια (enérgeia) 'activity') is the quantitative property that is transferred to a body or to a physical system, recognizable in the capacity to do work and in the form o…
https://en.m.wikipedia.org/wiki/Energy
https://en.m.wikipedia.org/wiki/Energy
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NEUTRAL
— Welcome to Puget Sound Energy. Start, stop or transfer your power and electric service. If you are already a PSE customer, you can sign in to your PSE account to access billing information, payment op…
https://www.pse.com/
https://www.pse.com/
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— May 1, 2026 · Energy, in physics, the capacity for doing work. It may exist in potential, kinetic, thermal, electrical, chemical, nuclear, or various other forms. There are, moreover, heat and work—i.…
https://www.britannica.com/science/energy
https://www.britannica.com/science/energy
“Gasoline soared 15.6% from March and diesel... jumped 12.6%.”
SINGLE SOURCE
The evidence provided consists of general Wikipedia entries for gasoline and a GasBuddy search page. No specific percentage increases for gasoline or diesel prices are mentioned.
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— 1 day ago · Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Exploration and reserves, storage, imports and exports, production, prices,…
https://www.eia.gov/petroleum/gasdiesel/diesel_map.php
https://www.eia.gov/petroleum/gasdiesel/diesel_map.php
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— Gasoline in a glass jar Gasoline (North American English) or petrol (Commonwealth English) is a petrochemical product characterized as a transparent, yellowish and flammable liquid normally used as a …
https://en.wikipedia.org/wiki/Gasoline
https://en.wikipedia.org/wiki/Gasoline
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— GasBuddy has performed over 900 million searches providing our consumers with the cheapest gas prices near you.
https://www.gasbuddy.com/home
https://www.gasbuddy.com/home
“Excluding volatile food and energy costs, so-called core producer prices rose 1% from March and 5.2% from April 2025.”
SINGLE SOURCE
While Forex Factory confirms the overall PPI increase of 1.4%, the provided evidence does not mention the specific 'core' producer price figures (1% from March or 5.2% from April 2025).
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— 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 hi…
https://www.forexfactory.com/news/1398160-us-producer-price-…
https://www.forexfactory.com/news/1398160-us-producer-price-…
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NEUTRAL
— Meat Prices Reach Record High. The FAO Meat Price Index reached a new all-time high in April, rising 1.2 percent from March and 6.4 percent year-on-year. Beef prices surged to record levels, particula…
https://ilkha.com/english/economy/global-food-prices-rise-to…
https://ilkha.com/english/economy/global-food-prices-rise-to…
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— Existing home sales. April. 4.1 million.WEDNESDAY, MAY 13. 8:30 am. Producer price index.
https://www.marketwatch.com/economy-politics/calendar
https://www.marketwatch.com/economy-politics/calendar
“voters go to the polls Nov. 3 to determine whether President Trump’s Republican Party maintains control of the Senate and House of Representatives.”
SINGLE SOURCE
The evidence provided consists of general Wikipedia pages about the United States and does not contain information regarding specific election dates or political control of the Senate and House.
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travel_explore
web search
NEUTRAL
— United States ... The United States of America (USA), also known as the United States (U.S. or US) or colloquially as America, is a country that is mainly in North America. It is made of 50 states, 1 …
https://simple.m.wikipedia.org/wiki/United_States
https://simple.m.wikipedia.org/wiki/United_States
travel_explore
web search
NEUTRAL
— An orthographic projection of the United States The following outline is provided as an overview of and topical guide to the United States: United States of America – federal republic located primaril…
https://en.m.wikipedia.org/wiki/Outline_of_the_United_States
https://en.m.wikipedia.org/wiki/Outline_of_the_United_States
“The United States and Israel attacked Iran on Feb. 28”
CORROBORATED
Five independent cross-references (Al Jazeera, EuroNews, Phys, CGTN) all explicitly confirm that the United States and Israel launched attacks on Iran on February 28.
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SUPPORTS
— The US and Israel launched their attack on Iran on February 28.
https://www.aljazeera.com/economy/2026/4/28/as-us-iran-talks…
https://www.aljazeera.com/economy/2026/4/28/as-us-iran-talks…
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SUPPORTS
— the US and Israel launched military attacks on Iran on February 28
https://www.aljazeera.com/sports/2026/4/29/iranian-officials…
https://www.aljazeera.com/sports/2026/4/29/iranian-officials…
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SUPPORTS
— the US and Israel attacked Iran on 28 February
https://www.euronews.com/business/2026/05/12/iran-war-pushes…
https://www.euronews.com/business/2026/05/12/iran-war-pushes…
+ 2 more evidence sources
“Tehran responded by shutting off access to the Gulf of Hormuz, through which a fifth of the world’s oil and liquefied natural gas passes.”
CORROBORATED
The 'Iran war' search result confirms Tehran effectively blocked the waterway (Strait of Hormuz) following the attacks. The 'Iran-US tensions' result confirms that approximately 20 million barrels of oil (roughly 20% of world supply) transit through the strait daily.
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— How much oil and gas pass through the strait? According to the US Energy Information Administration (EIA), about 20 million barrels of oil transited through the Strait of Hormuz each day in 2024.
https://www.aljazeera.com/news/2026/2/22/iran-us-tensions-wh…
https://www.aljazeera.com/news/2026/2/22/iran-us-tensions-wh…
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— The Strait of Hormuz is a major route for illicit trade between the Musandam Peninsula, an exclave of Oman, and the southern coast of Iran. The city of Khasab in Musandam is the primary hub for this c…
https://en.wikipedia.org/wiki/Strait_of_Hormuz
https://en.wikipedia.org/wiki/Strait_of_Hormuz
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— Iran and the US have agreed to a ceasefire on the condition that "safe passage" through the Strait of Hormuz is guaranteed. Tehran had effectively blocked the waterway, one of the world's busiest oil …
https://www.bbc.com/news/articles/c78n6p09pzno
https://www.bbc.com/news/articles/c78n6p09pzno
“the Labor Department said that its closely watched consumer price index jumped 3.8% last month from April 2025 — the biggest year-over-year increase in more than three years”
INSUFFICIENT EVIDENCE
No evidence was provided for this claim.
“Whirlpool... reported this month that its revenue dropped nearly 10% in its most recent quarter”
PENDING
“It [Whirlpool] had announced a 10% price hike in April, its largest in a decade, and said that a separate 4% price increase is coming in July.”
PENDING
“the Fed had been expected to cut its benchmark interest rate in 2026.”
PENDING
“Kevin Warsh, the president’s hand-picked choice to succeed Powell, is expected to be confirmed by the Senate this week”
PENDING
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Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.