Economic Buzz: US producer prices up 1.1% in May

The United States Producer Price Index (PPI), on a seasonally adjusted basis, increased by 1.1% in May compared to the previous month, the Bureau of Labor Statistics revealed in its report on Thursday. On an annual basis, the unadjusted producer prices rose by 6.5%.

According to the report, the monthly increase was due to higher final demand goods prices, which advanced by 2.8% month-over-month. Meanwhile, prices for final demand services rose slightly by 0.3%.

The Producer Price Index (PPI) excluding foods, energy, and trade services climbed by 0.8% in the reported month compared to April and grew by 5.1% compared to the same month in 2025.

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