Last updateTue, 02 Jun 2020 7pm

Manufacturing & The Economy

U.S. Producer Prices Rise Moderately

The Producer Price Index for final demand rose 0.2% in April, seasonally adjusted, the U.S. Department of Labor 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%.

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