Price pressures in the U.S. services sector strengthened slightly in May, according to the latest ISM Non-Manufacturing Prices index release. The gauge rose to 71.3 in May 2026 from 70.7 in April 2026, signaling continued and intensifying cost increases across the non-manufacturing economy.
An index reading above 50 indicates rising prices, and the move higher suggests that service providers are facing growing input cost pressures, which could keep broader inflation risks in focus. The latest data, updated on 3 June 2026, underline that price dynamics in the service sector remain elevated and are not yet showing signs of significant easing.
The persistent strength in the prices index may influence market expectations around inflation and interest-rate policy, as services inflation often proves more resilient than goods inflation. Investors and policymakers will be watching upcoming releases closely to see whether this upward drift in service-sector prices continues in the months ahead.
