US Producer Price Index (PPI) Report: Core PPI Exceeds Expectations with 0.5% MoM Increase, Year-on-Year Figures Steady

In April, US PPI increased by 0.5% compared to the previous month, surpassing the expected 0.3%. Year-on-year, it reached 2.2%, slightly higher than the previous 2.1%. Core PPI also saw a month-on-month rise of 0.5%, exceeding the expected 0.2%. Year-on-year, it remained steady at 2.4%. United States Core Producer Price Index (PPI) for April showed … Continue reading US Producer Price Index (PPI) Report: Core PPI Exceeds Expectations with 0.5% MoM Increase, Year-on-Year Figures Steady