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The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual ...
U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
The report came out a day after the Labor Department said that consumer prices rose a modest 0.1% last month from April and 2 ...
US wholesale prices experienced a slight increase in May, according to government data released on Thursday. The producer ...
Overall, though, the trend for inflation has been a steady decline toward the Federal Reserve’s 2% annual target. The Fed, ...
19hon MSN
The 0.1% rise was a notch below the 0.2% increase that economists had expected.
May’s softer PPI data missed forecasts, easing inflation fears and boosting odds the Fed may pause rate hikes—bearish for USD ...
Wholesale inflation undershot expectations last month, according to a Labor Department report that came a day after a weaker-than-forecast reading on consumer prices. Producer prices rose 0.1% in May ...
The Labor Department reported Thursday that its producer price index — which measures inflation before it its consumers — rose 2.6% in May 2024. Producer prices rose 0.1% from April to May after ...
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