U.S Producer Price Index increased by 0.8% in May 2022
Shinelle Rouldson2022-06-20T10:35:06-05:00June 20, 2022 According to the US Bureau of Labor Statistics, the seasonally adjusted Producer Price Index for final demand gained 0.8% in May 2022. Following gains of 0.4% in May and 1.6% in March 2022. Final demand prices increased 10.8% for the 12 months ended May 2022 on an unadjusted basis. Two-thirds of the