Market news
13.05.2021, 12:49

U.S. PPI increases more than expected in April

The Labor Department reported on Thursday the U.S. producer-price index (PPI) rose 0.6 percent m-o-m in April, following an unrevised 1.0 percent m-o-m increase in March.

For the 12 months through April, the PPI climbed 6.2 percent after an unrevised 4.2percent surge in the previous month. That was the largest increase since 12-month data were first calculated in November 2010. 

Economists had forecast the headline PPI would increase 0.3 percent m-o-m last month and 5.9 percent over the past 12 months.

According to the report, about two-thirds of the April advance in the final demand index can be traced to a 0.6-percent m-o-m gain in prices for final demand services. The index for final demand goods also rose 0.6 percent m-o-m.

Excluding volatile prices for food and energy, the PPI went up 0.7 percent m-o-m and jumped 4.1 percent over 12 months (the largest advance since 12-month data were first calculated in August 2014). Economists had forecast gains of 0.4 percent m-o-m and 3.7 percent y-o-y.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location