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US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs
US consumers are facing the fastest price inflation they’ve seen in three years. It likely hasn’t yet peaked. New data Thursday showed that input costs for American businesses are still rising quite ...
US wholesale inventories in May revised lower
WASHINGTON, July 8 (Reuters) - U.S. wholesale inventories rose far less than initially thought in May, which could temper ...
Iran war energy shock drives biggest U.S. producer price jump since 2022
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices ...
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.
Wholesale prices rose 1.1% in May, more than expected
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.