U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.

U.S. producer prices increased less than expected in May, restrained by lower costs for services like air fares.

Egg prices declined again in May, but still remain substantially higher than they were a year ago as avian flu remains on the loose.

The Consumer Price Index increased by 2.4% in May compared to a year ago, according to the Bureau of Labor Statistics' latest data. The latest report shows ground beef continues to steadily increase.

Many companies are still working through inventory they stocked before the tariffs hit — but some products are starting to get more expensive.

Wednesday's Consumer Price Index report showed that the index for food at home rose 0.3% last month, a rebound after recording a 0.4% drop in April to mark the largest monthly decline since 2020. May also marked the 27th straight month that inflation for food at home was below inflation for food away from home, per JPMorgan analyst Ken Goldman.

Americans have yet to felt any sting of inflation from the Trump tariffs when they go shopping. Now a new look at wholesale prices suggests the coast might be clear for a while longer.