U.S. Producer Prices Fell in May

Separate data also point to a further easing in many costs faced by firms.

By Reade Pickert | June 14, 2023 at 01:35 PM

Photo: A warehouse worker drives a forklift in the warehouse at Southern Glazer's Wine & Spirits distribution center in Louisville, Kentucky, on September 28, 2018. Photographer: Luke Sharrett/Bloomberg

U.S. producer prices declined in May, restrained by a drop in the cost of gasoline and underscoring a continued easing in supply-side inflation.

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