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© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.U.S. producer prices rise modest 2.6% in May with inflationary pressures still mild
By PAUL WISEMAN WASHINGTON©2025 GPlusMedia Inc.
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HopeSpringsEternal
Both PPI and CPI on an annual basis, year over year, are just over 2%, but YTD inflation thru May, first 5 months annualized is far lower, 1.4% for CPI, PPI about 0%
Why? Tariffs not very important, energy, real estate, healthcare, food, etc., all 'positive' US inflation tailwinds
HopeSpringsEternal
US Govt. under Trump Admin is also busy downsizing, reducing spending and headcount, another key reason for the favorable US inflationary trend since Jan 20th
wallace
DOGe spent $135 billion to save $160 billion.
Suspend $100 million of food aid rotting in a warehouse.
$25 million for Trump's military birthday parade.
$150 million for National Guard and Marines in LA.
Blacklabel
Great news on the PPI and lack of inflation- unlike what the left and their media falsely speculated. Again.
Blacklabel
Do we ever hear anyone talk about gas prices, egg prices, inflation, unemployment, jobs, the stock market, anymore?
used to be the daily thing
HopeSpringsEternal
Turns out, Trump Admin unleashing private sector with massive supply side policies is deflationary, while also curtailing/stopping very costly inflationary and ineffective Biden Admin Govt. based supply policies.
US interest rates to fall soon as an added bonus!
HopeSpringsEternal
Atlanta FED GDP tracker has US GDP growth for 2Q, ending in June at approx. 4%. Once the One Big Beautiful Reconciliation Bill passes Congress next month, the US economy will be off to the races!
Blacklabel
and when Q2 is 4%+, then what?
funkymofo
What is it now?