Wholesale inflation improved as energy prices fell last month — but relief may be temporary
Inflation at the wholesale level cooled last month, helped by a sharp drop in energy prices, according to data released ...
CNBC
Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index increased a seasonally adjusted 1.1% in May, putting the 12-month wholesale inflation rate at 6.5%, the highest since November 2022. Excluding food and energy, the so-called ...
US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after the ...
Wholesale prices see biggest spike since 2022 as energy costs climb
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
UPI
Wholesale inflation surged 1.1% in May, more than expected
June 11 (UPI) --The producer price index for final demand services and products increased by 1.1% in May, pushing annual wholesale inflation to 6.5%, the Bureau of Labor Statistics reported Thursday.