Food prices at the wholesale level ticked up 0.1% after dropping 0.9% in April. Egg prices, volatile because of the bird flu, rose 1.4% following a 39.3% drop in April; they are up 125% from May 2024.

The Consumer Price Index rose 2.4% in May from a year earlier, matching economists’ expectations according to the Wall Street Journal. The number was slightly above April’s reading of 2.3% ...

They rose 1.6% last month, while building permits fell by a steeper-than-feared 4.7%. Even as trade anxiety casts a shadow on consumer sentiment, some investors are finding reasons for optimism.