US producer prices unexpectedly fall in May

Capt. John

U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter. The producer price index for final demand dropped 0.2% last month after advancing by an unrevised 0.5% inApril, the Labor Department’s Bureau of...

https://www.hellenicshippingnews.com/us-producer-prices-unexpectedly-fall-in-may/

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