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Producer prices rose 0.1% from April to May after dropping 0.2% the month before. Excluding volatile food and energy prices, wholesale costs were up 0.1% from April and 3% from May 2024.
Some calm is returning to Wall Street. U.S. stocks are rising in early trading Monday, while oil prices are giving back some ...
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual ...
US producer prices saw a modest rise in May, signaling that inflation remains under control despite ongoing trade tensions.
(Reuters) -Oil prices climbed over 2% on Tuesday as Iran-Israel tension intensified and U.S. President Donald Trump urged ...
US tariffs on steel and aluminum were doubled, but the metal markets appear to have quickly absorbed the impact. Aluminum ...