The Labor Department reports that producer prices in the USA rose by 0.5% on a reported basis, and by 0.4% excluding food, energy and commercial services, in April compared with the previous month.

Over the last twelve months, producer prices rose by 2.2% on a reported basis and 3.1% excluding food, energy and commercial services last month, compared with annual rates of 1.8% and 2.8% respectively in March.

Copyright (c) 2024 CercleFinance.com. All rights reserved.