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News Release. PPI for final demand rises 0.5% in April; services increase 0.6%, goods advance 0.4%. 05/14/2024. The Producer Price Index for final demand rose 0.5 percent in April. Prices for final demand services increased 0.6 percent, and the index for final demand goods moved up 0.4 percent.
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PPI for final demand rises 0.5% in April; services increase...
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Find the latest numbers for producer price indexes (PPI) in the U.S. economy, covering final demand, intermediate demand, goods, services, and more. See the data, methods, and historical trends for PPI.
Apr 23, 2024 · PPI measures the average change in the prices domestic producers receive for their output. It is a measure of wholesale inflation and an indicator of the health of the economy. Learn how PPI is calculated, how it differs from CPI, and how it is used for forecasting and contracts.
- Christina Majaski
- 1 min
The PPI for final demand services drove most of April’s gain, climbing 0.6% from March. Core PPI, which excludes food, energy and trade services, rose 0.4% following a 0.2% increase in March. Wednesday’s consumer price index report will have more bearing on monetary policy, but Tuesday’s PPI was not an ideal start for April inflation data.
May 14, 2024 · Wholesale prices rose 0.5% in April, more than expected. The producer price index, a measure of what producers receive for the goods they produce, increased 0.5% in April and was up 2.2% on a 12 ...
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