NEW (#Economy) via @CNN.com:
"The Producer Price Index, a closely watched gauge of wholesale #inflation, rose 1.1% in May, lifting the annual rate to 6.5%, its highest in more than three years, a new Bureau of Labor Statistics report showed Thursday."
www.cnn.com/2026/06/11/e...
US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.
