May Producer Price Index Soars to 10.8% as Energy Costs Reach Daily Record Highs

May Producer Price Index Soars to 10.8% as Energy Costs Reach Daily Record Highs


US Producer Price Index rose 0.8% in May from a month earlier. In April the PPI climbed 0.4%. The number indicates the price cruch consumers are facing under the Joe Biden economy.

⚠️BREAKING:

*U.S. PRODUCER PRICE INFLATION RISES 10.8% Y/Y IN MAY, EST. 10.9%; PREV. 10.9%

*U.S. CORE PPI RISES 8.3% Y/Y IN MAY, EST. 8.6%; PREV. 8.8%

Trending: JUST IN: Ghislaine Maxwell Sentenced to 20 Years in Prison in Epstein Sex Trafficking Case

🇺🇲🇺🇲 pic.twitter.com/2lH30YwMXp

— Investing.com (@Investingcom) June 14, 2022

The cost of gas at the pump rose 55 cents in May to reach new highs almost every day of the month.

TRENDING: EXCLUSIVE: Mayor Rudy Guiliani Gives Statement to The Gateway Pundit Regarding the Fraudulent January 6th Hearing. “WHAT ROLE DID ANTIFA AND THE FBI PLAY?”

USA PPI …. is not pickout ….

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend