US Producer Prices Lower than Forecasts

2025-06-12 12:34 By Joana Taborda 1 min. read

US producer prices edged up 0.1% month-over-month in May 2025, following an upwardly revised 0.2% fall in April and compared to forecasts of a 0.2% increase.

Prices for goods went up 0.2%, with cost for tobacco rising 0.9%.

Prices for gasoline, processed poultry, roasted coffee, residential natural gas, and oilseeds also increased.

In contrast, prices for jet fuel declined 8.2%.

Also, cost for services inched up 0.1%, with margins for machinery and vehicle wholesaling jumping 2.9%.

Cost for traveler accommodation services; apparel, footwear, and accessories retailing; alcohol retailing; and system software publishing also moved higher.

Conversely, prices for airline passenger services fell 1.1%.

Meanwhile, core producer prices increased 0.1%, well below forecasts of a 0.3% rise.

Year-on-year, producer prices increased 2.6%, in line with expectations, after an upwardly revised 2.5% increase in April.

The annual core rate slowed to 3% from 3.2% while forecasts were pointing to 3.1%.



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