May PPI Down 1.0%, vs. Cons. Down 0.6%, Up 0.7% YoY; Core PPI Up 0.2%, Inline
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PPI for the month of May fell 1.0%, vs. the economist estimate of -0.6%. PPI on a year-over-year basis was up 0.7%, which compares to the Street estimate of up 1.2%.
Core PPI was up 0.2%, vs. the consensus estimate of 0.2%. Core PPI on a year-over-year basis was up 2.7%.
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Core PPI was up 0.2%, vs. the consensus estimate of 0.2%. Core PPI on a year-over-year basis was up 2.7%.
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