US PPI for final demand increased 0.5% from a month earlier, driven largely by services and following a downwardly revised 0.1% drop in March, Bureau of Labor Statistics data showed Tuesday.
WASHINGTON, May 14 (Reuters) - U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating ...
US producer prices increase more than expected in April Economy Tuesday, 14 May 2024 8:55 ... Economists polled by Reuters had forecast the PPI gaining 0.3% after a previously reported 0.2% rise ...
NEW YORK, - The dollar edged lower on Tuesday following an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and services, indicating inflation remained ...
The US dollar was slightly lower on Tuesday (May 14) after an initial jump following an unexpected increase in US producer prices in April that indicated inflation remained elevated early in the ...
The producer price index (PPI) jumped by 0.5 percent in April, the Labor Department said in a statement, marking a sharp increase from a revised 0.1 percent slowdown a month earlier. This was well ...
(Adds comment in paragraphs 3-5, updates prices at 2:48 p.m. ET (1848 GMT)) By Herbert Lash and Joice Alves NEW YORK/LONDON, May 14 (Reuters) - The dollar eased on Tuesday after an unexpected ...