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U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild. The Labor Department reported Thursday that its producer price index, which measures inflation before it hits consumers,
Producer prices rose 0.1% from April to May after dropping 0.2% the month before.Excluding volatile food and energy prices, wholesale costs were up 0.1% from April and 3% from May 2024.The ...
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
US producer price inflation remained muted in May across the board, another sign that tariffs have yet to result in higher prices for consumers and businesses.
US producer prices saw a modest rise in May, signaling that inflation remains under control despite ongoing trade tensions. The Producer Price Index i
The number of Americans filing new applications for unemployment benefits held at an eight-month high last week, consistent with easing labor market conditions, while slowing domestic demand helped to restrain producer prices 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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