Producer Prices Rose 0.1% in April

Producer prices increased 0.1% in April, seasonally adjusted, after rising 0.3% in March, according to the U.S. Bureau of Labor Statistics. Producer prices rose 2.6% for the twelve months ended April 2017.

The index for final demand goods was unchanged in April, after increasing 0.3% last month. The index for final demand energy rose 0.1%, while prices for final demand goods less foods and energy grew 0.3%.

Prices for final demand services increased 0.1%. Prices for final demand transportation and warehousing grew 0.6% in April after increasing 0.6% in March. Prices for final demand trade rose 0.2%.

Read the BLS release.

About Stephen Newton

Stephen Newton is an economic research associate at ABA.