US wholesale inflation as measured by the Producer Price Index (PPI) accelerated in May on the back of an oil shock that is rippling through the economy.

NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…

US inflation accelerated to 4.2% in May, driven by a sharp rise in energy prices as gasoline costs climbed more than 40% year-over-year.

WASHINGTON: US consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving…

US CPI hit 4.2% in May 2026, driven by surging energy costs. Bitcoin trades near $61K as higher-for-longer rate expectations weigh on crypto markets.

The soaring costs are a major issue for American voters as they head to the midterm election in November.

US markets stumbled as inflation data sparked fears of interest rate rises in the coming months.

US consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products, which would provide more ammunition…

The consumer price index increased 4.2% in the 12 months through May, boosted by surging prices for energy products amid the West Asia conflict, and giving more ammunition for the…

U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices.

The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.

US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.

U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging 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.

US PPI surged 6.5% year-over-year in May 2026 as gasoline prices spiked 23.4% amid the Iran war. Here's what it means for the Fed, inflation, and crypto.

US Producer Price Index surged to 6.5% YoY in May 2026, beating forecasts and hitting the highest level since November 2022, raising risks for crypto

Month-on-month prices rose by 1.1 per cent, which was higher than market expectations. Read more at straitstimes.com. Read more at straitstimes.com.

The producer price index increased by 1.1% in May, pushing annual wholesale inflation to 6.5%, the Bureau of Labor Statistics reported Thursday.

A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.

Cost pressures are spreading through the supply chain.

US wholesale inflation as measured by the Producer Price Index (PPI) accelerated in May on the back of an oil shock that is rippling through the economy.