US PPI Climbs at Fastest Pace in More Than Three Years
US producer prices increased 6.5% in May from a year earlier, the fastest pace since November 2022, and advanced 1.1% from April as the fallout from the Iran war continued to fan inflation pressures. Michael McKee breaks down the data on Bloomberg Television. (Source: Bloomberg)
Original Source
Read the full article at Bloomberg →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.