Thursday, June 12, 2025 from Floor Daily

The Producer Price Index for final demand advanced 0.1% in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

Final demand prices declined 0.2% in April and 0.1% in March.

On an unadjusted basis, the index for final demand rose 2.6% for the 12 months ended in May.

The May increase in the index for final demand was led by prices for final demand services, which advanced 0.1%. The index for final demand goods rose 0.2%.

Prices for final demand less foods, energy, and trade services edged up 0.1% in May after falling 0.1% in April. For the 12 months ended in May, the index for final demand less foods, energy, and trade services increased 2.7%.

“Wholesale inflation undershot expectations last month, according to a Labor Department report that came a day after a weaker-than-forecast reading on consumer prices,” reports the Wall Street Journal.

“Producer prices rose 0.1% in May from April, below the 0.2% rise economists polled by The Wall Street Journal had expected.

“Over the past 12 months, the producer-price index rose 2.6%, slightly above April’s revised figure.”