WASHINGTON (AP) — U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices.
WASHINGTON (AP) — U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices.
The Labor Department reported Thursday that its producer price index — which captures inflation before it reaches consumers — jumped 6.5% from May 2025. It also rose 1.1% from April, same as it did the previous month.
US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022
Wholesale prices see biggest spike since 2022 as energy costs climb
Higher energy costs drive producer price surge
US wholesale prices jump 6.5%, highest since late 2022
US May CPI rises to highest level since May 2023
The inflation surge is hitting businesses, too
Hormuz Energy Shock Lifts Producer Inflation To 6.5%, Highest Since December 2022
Inflation spiked to 6.5% in May in producer index, highest since 2022
May consumer rpices rose at annual rate of 4.2%, highest in three years - UPI.com
Core Producer Prices Cooler Than Expected In April, Goods Costs Jump Most On Record
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices.
The Producer Price Index (PPI) rose 6.0 percent for the 12 months ending in Apri
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer…
Cost pressures are spreading through the supply chain.
Month-on-month prices rose by 1.1 per cent, which was higher than market expectations. Read more at straitstimes.com. Read more…
U.S. wholesale inflation came in hot last month.
