US producer prices increased 6.5% in May from a year earlier, the fastest pace since November 2022, and advanced 1.1% from April as the fallout from the Iran war continued to fan inflation pressures. ...

US producer prices increased 6.5% in May from a year earlier, the fastest pace since November 2022, and advanced 1.1% from April as the fallout from the Iran war continued to fan inflation pressures. Michael McKee breaks down the data on Bloomberg Television. (Source: Bloomberg)

US PPI Climbs at Fastest Pace in More Than Three Years

Original article | Odaily Odaily(@OdailyChina)
Author｜Golem (@web 3_golem)
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