The C P Index for April. Annual inflation hit 3.8 percent, the highest in nearly three years. Gas up 28 percent. Real wages, what your paycheck actually buys, are now down for the year. For the first time in three years, inflation is eating every dollar of wage growth. Wed. the Producer Price Index. Wholesale prices jumped 1.4 percent in a single month. The annual rate climbed from 4 to 6 percent. The biggest one-month jump since March 2022. What businesses pay this month is what consumers pay next month. Today Initial jobless claims rose to 12,000 to a total 211,000. MAGA