International Economic

US producer prices rise by more than expected in April

By Alexander Bueso

Date: Tuesday 14 May 2024

(Sharecast News) - Wholesale prices in the US jumped past economists' forecasts last month amid big increases in energy costs and retailers' margins.
According to the Department of Labor, total final demand prices increased at a month-on-month pace of 0.5% (consensus: 0.3%), with goods inflation up by 0.4% and that of...

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