U.S: PPI climbed up by 0.2% in April…

Friday, 11 May 2012 07:13

The producer price index in U.S. declined unexpectedly in Apri- Labor Department informed today.
PPI dropped by 0.2% after remaining unchanged in March. Economists estimated also PPI’s reading at 0.0%.
Comparing with 2011 producer price inflation increased at annual rate of 1.9%.
Meanwhile the core PPI (excluding fuel) climbed by seasonally adjusted 0.2%. Today’s increase follows last month’s growth by 0.3%.