US PPI grows more-than-expected in May

Note: This section contains information in English only.
Source: Investing.com

In May, seasonally-adjusted consumer prices grew 0.4% from the previous month's 0.2%, whereas analysts anticipated an increase to 0.3%, the US Department of Labour said on Wednesday. On an annual basis, the US PPI dropped 0.1% on a non-seasonally adjusted basis, in line with analysts' estimates but lower than April's 0.0% reading.



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