The report came out earlier today.
Up 10.8% but much of that was fuel. From the link…
Excluding food, energy and trade, so-called core PPI rose 0.5% on the month, slightly below the 0.6% estimate but an increase from the 0.4% reading in the previous month. On a year-over-year basis, the core measure was up 6.8%, matching April’s gain.
Note WTIC is starting to show weakness. Not going to venture a guess, but will state the FED hiking rates will be appreciating the USD more.