-
US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after the start of the Iran war. The Labor Department reported Thursday that its producer price index — which captures inflation before it reaches consumers — jumped 6.5% from May 2025. It rose 1.1% from April, as it did the previous month. Wholesale gasoline prices surged by more than 23% from April to May, and nearly 70% from a year earlier. Inflationary pressures, intensified by the energy shock caused by the Iran war, are frustrating Americans five months before midterm elections that will ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From zerohedge.com|5 hr ago|11 commentsUS Treasury Secretary Bessent announced on X Thursday morning that Washington is moving forward on a plan to compensate America's Gulf regional allies for damage sustained during ...
From @FirstSquawk|6 hr ago|23 commentsUAE AND IRAN REPORTEDLY HELD IN-PERSON TALKS TO REDUCE TENSIONS.
From cnbc.com|6 hr ago|13 commentsThe U.S. military will attack Iran “VERY HARD TONIGHT,” and will soon take over the country’s “oil infrastructure points,” including taking Kharg Island, President Donald Trump ...
-
- Newer Stories
From cato.org|4 hr agoMore than a year since “Liberation Day,” the US trade deficit looks much the same—despite a historic increase in tariffs that were ostensibly intended to reduce it. As we’ve ...
From miningmx.com|3 hr agoA major squeeze is emerging across industrial metals markets as the ongoing US-Israeli war against Iran compounds structural supply shortfalls, said the Financial Times on ...
From treasurydirect.gov|3 hr agotable
- Story Stats
- Jun 11, 10:08am | 5 hr ago Posted byFundamental Analysis11,760
- Linked events:
- Instruments:
- 20 traders viewing now, 1 is registered:
