WASHINGTON (MarketWatch)
U.S. wholesale prices jumped a seasonally adjusted
0.5% in May to mark the first increase in three months, spurred by higher costs
for gasoline, eggs and light trucks
Excluding the volatile categories of food
and energy, so-called core wholesale prices rose a much smaller 0.1%, the Labor
Department said Friday
Economists surveyed by MarketWatch had predicted a
0.1% rise in the overall producer price index and a 0.1% increase in core PPI
Energy prices climbed 1.3% and food costs rose 0.6%
Over the past 12 months
wholesale prices have risen an unadjusted 1.7%, up from 0.6% in April
The core
rate has also risen 1.7% in that span
Welcome
José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
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