Producer Prices Inch Up 0.1% in April
Hooray, we are finally discussing second-quarter data.
The BLS reports the Producer Price Index for final demand rose 0.1 percent in April, as prices for final demand services advanced 0.1 percent, while the index for final demand goods was unchanged.
Final demand prices advanced 0.3 percent in March and 0.2 percent in February. On an unadjusted basis, the final demand index increased 2.6 percent for the 12 months ended in April.
Mike "Mish" Shedlock