The ISM Services Prices Index registered 71.3% in May 2026 (released Wednesday June 3) - its highest reading since August 2022 - with all 18 service industries reporting higher prices and petroleum-related products newly appearing on the up-in-price list. The overall Services PMI rose to 54.5% (from April's 53.6%), the 23rd consecutive month of expansion. A second prices survey, after the 82.1 manufacturing reading, confirming sticky and broadening input costs while growth holds.