In May 2025, core producer prices in the United States, which exclude food and energy components, increased by 0.1% month-over-month. This followed a revised decrease of 0.2% in the preceding month and came in below market projections of a 0.3% rise. On an annual basis, core producer prices climbed by 3% in May, marking the slowest rate of growth since August 2024. This was a deceleration from the upwardly revised 3.2% increase recorded in April and fell short of the anticipated 3.1% growth.