US PPI ticks up 0.1pc in May
By Iain Gilbert
Date: Thursday 12 Jun 2025
LONDON (ShareCast) - (Sharecast News) - US producer prices ticked up 0.1% month-on-month in May, according to the Bureau of Labor Statistics, following an upwardly revised 0.2% drop in April and below expectations of a 0.2% increase.
Prices for goods increased 0.2%, while prices for services edged up 0.1%.
On an annualised basis, producer prices increased 2.6%, in line with expectations, following April's upwardly revised 2.5% increase.
Core producer prices increased 0.1%, below forecasts of a 0.3% increase, while the annual core rate slowed to 3% from 3.2%, versus expectations of 3.1%.
Reporting by Iain Gilbert at Sharecast.com
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