The post US headline Producer Prices rose by 2.6% in May appeared on BitcoinEthereumNews.com.

The most recent statistics from the Bureau of Labour Statistics (BLS) show that Producer Prices increased by 2.6% in May compared to the previous year. The figure was in line with forecasts but a tad higher than April’s 2.4% growth. Excluding the volatile food and energy categories, prices increased 3.0% over the past year, falling short of the prediction of 3.1% and underperforming the previous report’s 3.1% rise. On a monthly basis, both the headline and core Producer Price Index (PPI) rose 0.1%, coming in short of market expectations. Market reaction The Greenback remains under heavy pressure on Thursday, sinking below the 98.00 support for the first time since March 2022 when measured by the US Dollar Index (DXY). That said, investors continue to sell the US Dollar on the back of increasing trade uncertainty. Inflation FAQs Inflation measures the rise in the price of a representative basket of goods and services. Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which can fluctuate because of geopolitical and seasonal factors. Core inflation is the figure economists focus on and is the level targeted by central banks, which are mandated to keep inflation at a manageable level, usually around 2%. The Consumer Price Index (CPI) measures the change in prices of a basket of goods and services over a period of time. It is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core CPI is the figure targeted by central banks as it excludes volatile food and fuel inputs. When Core CPI rises above 2% it usually results in higher interest rates and vice versa when it falls below 2%. Since higher interest rates are positive…

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Filed under: News - @ June 12, 2025 5:28 pm