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US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022
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US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022

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U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices.

WASHINGTON (AP) — U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after the start of the Iran war. The Labor Department reported Thursday that its producer price index — which captur... [2627 chars]

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Source: AP News

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