The index, which measures what domestic businesses are paid for goods and services, rose by 0.2 percent in April. In March, the index fell 0.5 percent.
After falling in March, the U.S. producer price index rose in April, the Labor Department said Thursday.
In the 12 months through April, the producer price index rose 2.3 percent, the smallest annual increase since January 2021. In March, the index was up 2.7 percent from the prior March. Economists had forecast prices would rise by a steeper 0.3 percent for the month and would be up 2.5 percent year-over-year.
Excluding food, energy, and trade services, producer prices rose 0.2 percent, an acceleration from the 0.1 percent in rise in March. These core producer prices are up 3.4 percent over the past year, down from 3.7 percent in March.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Inflation fell to 2.3% in April, producer price index shows in encouraging signInflation fell four-tenths of a percentage point to a 2.3% annual rate in April. On a month-to-month basis, the wholesale price index increased by 0.2%.
Weiterlesen »
US: Annual PPI rises 2.3% in April vs. 2.4% expectedThe Producer Price Index (PPI) for final demand in the US rose 2.3% on a yearly basis in April, down from the 2.7% increase recorded in March, the dat
Weiterlesen »
China Producer Price Index (PPI) YoY⚠️BREAKING: *CHINA APRIL PPI INFLATION FALLS -3.6% Y/Y; EST. -3.2%; PREV. -2.5% *BIGGEST ANNUAL DECLINE SINCE MAY 2020 🇨🇳🇨🇳
Weiterlesen »
U.S. prices stay high, showing inflation pressures persistConsumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy.
Weiterlesen »
CNBC Daily Open: Bracing for April’s consumer price indexMarkets had a quiet Tuesday as investors braced for key inflation reports coming out later today and Thursday.
Weiterlesen »
US Consumer Price Index increased 4.9% year over year in April 2023Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Weiterlesen »