💨 Abstract
wholesale prices saw a modest increase of 2.6% in May 2024 compared to the previous year, with a 0.1% rise from April, indicating mild inflationary pressures. Excluding volatile food and energy prices, wholesale costs rose 0.1% from April and 3% annually. Despite recent tariffs by the Trump administration, there appears to be minimal impact on overall prices.
Courtesy: WTOP Staff
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