Wholesale prices rose 1.1% in May, more than expected, on surge in energy

Shoppers carry Ross bags in San Francisco, California, US, on Wednesday, June 10, 2026. David Paul Morris | Bloomberg | Getty Images Wholesale prices rose more than expected in May, indicating that pipeline inflationary pressures are percolating higher, the Bureau of Labor Statistics reported Thursday. The producer price index , a measure of final demand costs, increased a seasonally adjusted 1.1% on the month, putting the 12-month wholesale inflation rate at 6.5%. …