Apr. PPI Down 0.2%, vs. Cons. 0.0%, Up 1.9% YoY; Core PPI Up 0.2%, Inline
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PPI for the month of April fell 0.2%, vs. the economist estimate of 0.0%. The metric was up 1.9% from the same month last year.
PPI excluding food and energy was up 0.2%, inline with the economist estimate. Core PPI was up 2.7% on a year-over-year basis, lower than the 2.8% Street estimate.
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PPI excluding food and energy was up 0.2%, inline with the economist estimate. Core PPI was up 2.7% on a year-over-year basis, lower than the 2.8% Street estimate.
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