Bankrate

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Last mentioned: 21h ago

Stories mentioning Bankrate 2

Wholesale Prices Up 6.5% YoY: Retailers Brace for Margin Squeeze

Producer prices surged 6.5% year-over-year in May, signaling more cost pressure for retailers and e-commerce. The 70% jump in wholesale gasoline directly impacts shipping and packaging, threatening consumer spending as additional price hikes loom.

21h ago 3 sources

economy Bearish

PPI Jumps 1.1% in May, 6.5% YoY: Bond Markets Rethink Fed Path

Producer inflation accelerated to 6.5% year-over-year, the highest since 2022, driven by energy costs. The PPI-CPI gap signals persistent price pressures that could delay Fed rate cuts and shift asset allocation.

21h ago 3 sources