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High energy prices push US wholesale inflation to 6.5% in May
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.
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global.chinadaily.com.cn
US May CPI rises to highest level since May 2023
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…
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cryptobriefing.com
US inflation hit three-year high in May as Iran war kept energy prices elevated
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.
