US producer prices rise modest 2.6% in May with inflationary pressures still mild

US producer prices rise modest 2.6% in May with inflationary pressures still mild

U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild

FILE – A shopper passes by the display of cartons of eggs in a Walmart store Friday, Feb. 7, 2025, in Englewood, Colo. (AP Photo/David Zalubowski, File)