October 19, 2024

Wholesale prices decline and add to evidence of easing U.S. inflation

 Wholesale prices decline and add to evidence of easing U.S. inflation

Wholesale prices decline and add to evidence of easing U.S. inflation

U.S. wholesale prices fell in May for the second time in three months — thanks in part to lower gas prices — potentially another sign that an upturn in inflation earlier this year is fading.