Producer Price Index: Difference between revisions

Producer Price Index (view source)

800 bytes added , 14 May 2024

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 === 2024 ===
+==== April 2024 ====
+* Producer price index rose 0.5% in April, higher than 0.3% estimate and -0.1% in March (revised down from 0.2%).<ref>https://www.bls.gov/news.release/ppi.nr0.htm</ref>
+* Core PPI increased by 0.5%, also exceeding 0.2% estimate.
+* On a yearly basis, PPI rose 2.2% in-line with the estimate but above 1.8% in March (revised down from 2.1%).
+* Core PPI increased by 2.4% on a yearly basis, in-line with the estimate but higher than 2.1% in March (revised down from 2.4%).
+* Service inflation accounted for about three-quarters of the headline gain, rising by 0.6% in April-the biggest monthly gain since July 2023.
+* Energy index rose 2% in April after declining by 1.3% in March.
+* S&P 500 futures declined by 0.2% while Nasdaq 100 futures slipped by 0.4% following the report.
 ==== February 2024 ====