International Economic

US producer prices register unexpected drop in May

By Alexander Bueso

Date: Thursday 13 Jun 2024

(Sharecast News) - Wholesale inflation in the US dipped somewhat unexpectedly last month.
According to the Department of Labor, so-called final demand prices fell at a month-on-month pace of 0.2% in May (consensus: 0.1%).

Goods prices accounted for all of the decline, dropping by 0.8% as energy costs fell back...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page