U.S. inflation stays hot, retail sales cool

4 monate vor

U.S. producer price index accelerated 6.6% in the 12 months through May, stoking inflation worries further, while retail sales dropped 1.3% with spending rotating back to services from goods as Americans travel and engage in other leisure activities. #USinflation #PPI #Reuters #News #USeconomy #inflation #retailsales Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: http://reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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