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April Producer Price Index: Core Final Demand Up 0.7% MoM

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[unable to retrieve full-text content] This morning's release of the April Producer Price Index (PPI) for Final Demand was at 0.6% month-over-month seasonally adjusted, down from a 1.0% increase last month. It is at 6.2% year-over-year, up from 4.2% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.7% MoM, unchanged from the previous month and is up 4.1% YoY NSA. Investing.com MoM consensus forecasts were for 0.3% headline and 0.4% core.

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This morning's release of the April Producer Price Index (PPI) for Final Demand was at 0.6% month-over-month seasonally adjusted, down from a 1.0% increase last month. It is at 6.2% year-over-year, up from 4.2% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.7% MoM, unchanged from the previous month and is up 4.1% YoY NSA. Investing.com MoM consensus forecasts were for 0.3% headline and 0.4% core.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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