US producer prices rise 2.6% in May with inflationary pressures still mild

By: U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.Related video above: Inflation up as President Trump’s tariffs implemented; Full effects yet to be feltThe Labor Department reported Thursday that its producer price index, which measures inflation before its consumers, rose 2.6% in May 2024. Producer…

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