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The Producer Price Index showed that annual price ... The PPI is a closely watched inflation gauge, since it captures average price shifts upstream of the consumer. It’s viewed as a potential ...
The producer price index for final demand increased 0.3% from December, Labor Department data showed Friday. The gauge rose 0.9% from a year earlier, also exceeding forecasts.
US producer prices rose in April by more than projected, though key components that feed into the Federal Reserve’s preferred inflation gauge were more muted. The producer price index for final ...