US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
Producer prices in the United States increased by 2.6% year-on-year in May, in line with analysts’ forecasts, according to data released Thursday by the US Bureau of Labor Statistics. This marks a slight acceleration from the 2.4% rise recorded in April. On a monthly basis, producer prices edged up by 0.1%. The increase was driven mainly by a 0.1% rise in prices for final demand services and a 0.2% growth in final demand goods. Additionally, prices excluding food, energy, and trade services also saw a marginal increase of 0.1% in May.
Iran has demanded an emergency meeting of the UN Security Council after Israeli airstrikes on Friday killed dozens, including top Iranian commanders and nuclear scientists, in what Tehran calls a “declaration of war.”
At least 18 people were killed and 35 injured on Friday in Israeli airstrikes on Iran’s East Azerbaijan province, bringing the total death toll from the attacks to 104, according to Iranian state media.
Dua Lipa has announced her engagement to British actor Callum Turner, calling the decision to grow old together “a really special feeling.”
Turkish Foreign Minister Hakan Fidan called on Friday for a revival of the Iran nuclear negotiations process launched by former US President Donald Trump, saying diplomacy remains the sole path to prevent war amid escalating tensions following Israeli airstrikes on Iran.
Fresh explosions were reported in Tehran on Friday as Iranian air defenses intercepted an Israeli missile, intensifying an already volatile regional crisis following Israel’s large-scale air assault on Iran.
Iran has demanded an emergency meeting of the UN Security Council after Israeli airstrikes on Friday killed dozens, including top Iranian commanders and nuclear scientists, in what Tehran calls a “declaration of war.”
At least 18 people were killed and 35 injured on Friday in Israeli airstrikes on Iran’s East Azerbaijan province, bringing the total death toll from the attacks to 104, according to Iranian state media.
Dua Lipa has announced her engagement to British actor Callum Turner, calling the decision to grow old together “a really special feeling.”
Turkish Foreign Minister Hakan Fidan called on Friday for a revival of the Iran nuclear negotiations process launched by former US President Donald Trump, saying diplomacy remains the sole path to prevent war amid escalating tensions following Israeli airstrikes on Iran.
Fresh explosions were reported in Tehran on Friday as Iranian air defenses intercepted an Israeli missile, intensifying an already volatile regional crisis following Israel’s large-scale air assault on Iran.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
A delegation from the EBRD’s Board of Directors will visit Kazakhstan from 16 to 20 June 2025
The U.S. dollar advanced on Friday as investors rushed back into the currency and other safe-haven assets including U.S. Treasury bonds and gold after Israel launched widescale strikes against Iran, sparking Iranian retaliation.
The European Commission confirmed on Thursday it will postpone the implementation of new international banking regulations by a year, citing concerns over global alignment and competitiveness.
The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
The U.S. Energy Information Administration (EIA) has slightly increased its forecast for Brent crude oil prices in 2025, despite expectations of growing global stockpiles.
Iran has demanded an emergency meeting of the UN Security Council after Israeli airstrikes on Friday killed dozens, including top Iranian commanders and nuclear scientists, in what Tehran calls a “declaration of war.”
At least 18 people were killed and 35 injured on Friday in Israeli airstrikes on Iran’s East Azerbaijan province, bringing the total death toll from the attacks to 104, according to Iranian state media.
Dua Lipa has announced her engagement to British actor Callum Turner, calling the decision to grow old together “a really special feeling.”
Turkish Foreign Minister Hakan Fidan called on Friday for a revival of the Iran nuclear negotiations process launched by former US President Donald Trump, saying diplomacy remains the sole path to prevent war amid escalating tensions following Israeli airstrikes on Iran.
Fresh explosions were reported in Tehran on Friday as Iranian air defenses intercepted an Israeli missile, intensifying an already volatile regional crisis following Israel’s large-scale air assault on Iran.
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