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U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
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.
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.
Tomato prices in the US could rise due to the termination of the Tomato Suspension Agreement, which was signed for the first time in 1996 and updated in 2019.
USD/JPY rallies as Trump’s tariffs hit BoJ rate hike bets. Japan inflation, trade, and US data to guide pair’s next move.
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Straight Arrow News on MSNSome tomato prices set to rise as US tariffs and trade policy shiftTomato prices could rise as early as Monday as a long-standing trade deal between the U.S. Commerce Department and Mexico is set to expire.
Trump’s copper tariff threats already raising factory costs across the US. Read more at straitstimes.com. Read more at ...
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.
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.
US producer prices rise 2.6% in May with inflationary pressures still mild Beginning of dialog window. Escape will cancel and close the window.
US producer prices rise 2.6% in May with inflationary pressures still mild Beginning of dialog window. Escape will cancel and close the window.
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.
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