U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.

US producer prices rise 2.6% in May with inflationary pressures still mild. Right now, on average, you're paying 2 more cents per dollar compared to last month.

US producer prices rise 2.6% in May with inflationary pressures still mild. Right now, on average, you're paying 2 more cents per dollar compared to last month.

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Producer prices rose 0.1% from April to May after dropping 0.2% the month before. Excluding volatile food and energy prices, wholesale costs were up 0.1% from April and 3% from May 2024.

The report came out a day after the Labor Department said that consumer prices rose a modest 0.1% last month from April and 2.4% from a year earlier. Skip to content. NOWCAST WESH 2 News at 10 PM.