Producer Prices Inched Up 0.2% in April
Washington, DC, May 9, 2019-The Producer Price Index for final demand rose 0.2% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Final demand prices advanced 0.6% in March and 0.1% in February.
On an unadjusted basis, the final demand index increased 2.2% for the 12 months ended in April.
Leading the April rise in the index for final demand, prices for final demand goods climbed 0.3%. The index for final demand services edged up 0.1%, and prices for final demand construction advanced 1.6%.
The index for final demand less foods, energy, and trade services moved up 0.4% in April, the largest increase since rising 0.5% in January 2018. For the 12 months ended in April, prices for final demand less foods, energy, and trade services advanced 2.2%.