After yesterday’s good US CPI data, investors were expecting the US PPI, published at 8.30am. And it was pretty good, since producer prices were up 0.2% in April, which is lower than the 0.3% expected in the consensus.
The Labor Department said that year-on-year, the PPI increased 2.3%, after…
© MarketScreener.com 2023
The Labor Department said that year-on-year, the PPI increased 2.3%, after…
© MarketScreener.com 2023