Inflation Acceleration in the U.S.

SOURCE www.breitbart.com
The producer price index for final demand in the U.S. rose by 2.2% in April, exceeding expectations. Core producer prices excluding food and energy jumped by 0.5% in April. The 'core core' measure, excluding trade services prices, increased by 0.4% in April.

Key Points

  • Producer price index for final demand rose by 2.2% in April
  • Core producer prices excluding food and energy increased by 0.5%
  • 'Core core' measure, excluding trade services prices, rose by 0.4% in April

Pros

  • Awareness of current economic conditions
  • Insight into producer price trends

Cons

  • Potential impact on consumer prices
  • Concerns about the Federal Reserve's response