Prior was -0.7%PPI y/y -0.9% vs -0.6% expectedPrior was -0.2%
Lower energy prices were the main reason for the year-on-year decline in
producer prices in April 2025. By contrast, non-durable and durable
consumer goods, capital goods and intermediate goods were more expensive
than in the same month of the previous year. When energy prices are
excluded, producer prices in April 2025 were up 1.5% on April 2024 and
increased by 0.4% compared with March 2025.
This article was written by Giuseppe Dellamotta at www.forexlive.com.