Wholesale Inflation Tamer Than Expected
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U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
US wholesale prices experienced a slight increase in May, according to government data released on Thursday. The producer price index rose by 0.1 percent, driven by a rebound in services costs and a jump in goods prices.
The 0.1% rise was a notch below the 0.2% increase that economists had expected.
U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
May’s softer PPI data missed forecasts, easing inflation fears and boosting odds the Fed may pause rate hikes—bearish for USD, bullish for equities.
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 dropping 0.
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.
13don MSN
A key U.S. inflation gauge slowed last month as President Donald Trump's tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
(Reuters) -German wholesale prices rose by 0.4% in May compared with the same month last year, according to data released by the federal statistics office on Friday. The office offers more detailed economic data on its website. Copyright 2025 Thomson Reuters.