Headline producer prices unexpectedly fall on monthly basis in April

1 month ago 5

• U.S. Economy

J Studios

The Producer Price Index unexpectedly fell 0.5% M/M in April, compared with the +0.2% expected and 0.0% in March (revised from -0.4%), according to data released by the Bureau of Labor Statistics on Thursday.

That translates to a Y/Y gain

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