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US Wholesale Prices Rise 1.1% in May, Exceeding Expectations
Wholesale prices in the US rose by 1.1% in May, surpassing the expected 0.7% increase and marking the biggest back-to-back surge since 2022, putting continued pressure on businesses and the economy.
11 Jun, 12:42 — 11 Jun, 12:43
The Story
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Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
cnbc
Center1
Center (1)
marketwatch
Right
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
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cnbcMostly Factual37d ago
Wholesale prices rose 1.1% in May, more than expected
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
Read full article →marketwatchMostly Factual37d ago
Wholesale inflation surges again and keeps the pressure on businesses and the U.S. economy
Wholesale prices in May posted the biggest back-to-back increases since 2022 and kept the pressure on businesses as they try to navigate another wave of U.S. inflation.
By Jeffry Bartash
Read full article →Coverage Timeline
First report: marketwatch · 11 Jun, 12:42|Full coverage: 2 · 2m|Window: 2m
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