{"id":4632,"date":"2026-06-11T17:04:11","date_gmt":"2026-06-11T17:04:11","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/06\/11\/wholesale-inflation-surges-1-1-in-may-driven-by-energy-shock\/"},"modified":"2026-06-11T17:04:11","modified_gmt":"2026-06-11T17:04:11","slug":"wholesale-inflation-surges-1-1-in-may-driven-by-energy-shock","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/06\/11\/wholesale-inflation-surges-1-1-in-may-driven-by-energy-shock\/","title":{"rendered":"Wholesale Inflation Surges 1.1% in May, Driven by Energy Shock"},"content":{"rendered":"<p>Wholesale prices surged by 1.1% in May, exceeding expectations and pushing the annual inflation rate to 6.5%, the highest since November 2022. The significant rise was primarily driven by a sharp increase in energy costs, particularly gasoline prices, which jumped 23.4% at the wholesale level.<\/p>\n<p>The core PPI, excluding food and energy, saw a more moderate increase, suggesting that fuel prices are the main inflationary culprit. This persistent inflation is likely to keep the Federal Reserve on hold regarding interest rate changes, with no cuts expected this year and a potential hike eyed for December.<\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2026\/06\/11\/wholesale-prices-rose-1point1percent-in-may-more-than-expected-on-surge-in-energy.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wholesale prices surged by 1.1% in May, exceeding expectations and pushing the annual inflation rate to 6.5%, the highest since November 2022. The significant rise was primarily driven by a sharp increase in energy costs, particularly gasoline prices, which jumped 23.4% at the wholesale level. The core PPI, excluding food and energy, saw a more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.bloomberg.com\/v2\/image\/s10y9bF8Kk6M\/RQGzL2p8dGjRZXlJd3d2S0E0ZXU.jpg?&width=1200&height=800&fit=crop","fifu_image_alt":"","footnotes":""},"categories":[28,29],"tags":[],"class_list":["post-4632","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-global-affairs","rifnote_country-iran","rifnote_country-us","rifnote_executive-jerome-powell"],"fifu_image_url":"https:\/\/media.bloomberg.com\/v2\/image\/s10y9bF8Kk6M\/RQGzL2p8dGjRZXlJd3d2S0E0ZXU.jpg?&width=1200&height=800&fit=crop","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/4632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=4632"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/4632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/4633"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=4632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=4632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=4632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}