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US wholesale inflation heated up in May
The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday.
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US Producer Price Index - May 2025
The Producer Price Index for final demand advanced 0.1 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in April and 0.
US producer prices holds at 2.6% in May; wholesale prices rose 0.1% from April, Fed seen staying cautious on rate cuts
US producer prices saw a modest rise in May, signaling that inflation remains under control despite ongoing trade tensions. The Producer Price Index increased by 2.6% year-on-year, with a slight monthly gain of 0.
GM to invest $4 billion to ramp up US production
Shares of General Motors are up before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
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