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Wholesale inflation jumps most in four years as gas soars

The wholesale price index measures what businesses pay before goods reach shelves, so the jump usually shows up at your checkout later; senators also want Meta's tax breaks explained.

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▶ As it aired · Your Money

Watch it as it aired: Hank Ledger and Dale Bearman on this story, from BBN This Morning at 8:52 AM ET. Cartoon anchors, real headline: the facts are AP News's, the jokes are ours.

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Photo: Burger · Public domain · Wikimedia Commons · altered by BBN

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The real story

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What BBN said about it

  1. Hank Ledger · Lead AnchorWholesale prices jumped last month by the most in four years, and the Associated Press says gas prices drove it.

  2. Dale Bearman · Chief Skeptic & ContributorWholesale. That's the price before the price, Hank, which means the bad news is already on a truck heading for your grocery store.

  3. Hank Ledger · Lead AnchorSo the store pays more first, and then you pay more second, usually at the register with a very small receipt.

  4. Dale Bearman · Chief Skeptic & ContributorAnd gas is the driver, literally. Everything on your plate rode here in a truck, so your burrito is basically a gas bill with beans.

  5. Hank Ledger · Lead AnchorThat's the real inflation story right there.

  6. Dale Bearman · Chief Skeptic & ContributorYou're welcome. It's a better menu than the real one.

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