U.S. Producer Price Index Fell 0.3% In May
U.S. producer price index fell 0.3% in May vs. -0.5% consensus and 0.1% fall in April. Food & energy taken out U.S. producer price index rose 0.2% in May. The consensus was at 0.1%, prior reading at 0.2%. Chart 1. U.S. Producer Price Indexes