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Economics5h 27m ago
The Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, the fastest pace since November 2022.
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US
Who
economists, US Bureau of Labor Statistics, Federal Reserve, Kevin Warsh
What
The Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, the fastest pace since November 2022.
When
Sat, 13 Jun 2026 14:15:47 GMT · 5h 27m ago
Where
US ·
Why
Energy did most of the damage, with energy prices up 10.7% and gasoline surging 23.4% as the Iran conflict keeps oil supply at risk.
The Frontline Impact
How this affects you
Higher wholesale prices could lead to increased consumer prices and may also influence the Federal Reserve's decisions on interest rates, potentially affecting asset valuations like Bitcoin.
Story chain
3 events in this thread- Currently Reading5h 27m agoThe Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, the fastest pace since November 2022.
- Economics5h 27m agoThe Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, with energy prices up 10.7% and gasoline surging 23.4%.Open article
- Economics5h 27m agoThe Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, which is the fastest pace since November 2022 and well above the 0.7% monthly gain economists had expected.Open article