The producer price index in the United States in April rose by 0.2% compared to March, when its growth was at the level of 0.6%, the data of the country's Ministry of Labor showed. The indicator confirmed market forecasts. Compared with the same month a year earlier, the index rose by 2.2%, just as in the previous month. Economists had expected an increase of up to 2.3%. Prices that do not take into account energy, trade services and foodstuffs increased by 0.4% compared to March, the fastest rates since January last year. In annual terms, the figure increased by 2.2%, accelerating growth in comparison with the March rise by 2%. Wholesale energy prices increased by 1.8%, slowing the rise after a 5.6% increase in March. Food prices fell 0.2%. Prices for basic goods remained at the level of March, when there was a growth of 0.2%. Services went up by 0.1%. A month earlier, their value increased by 0.3%.
Oil prices ease on weekly gain as hopes for OPEC+ emergency meeting fades17.02.2020
Indonesia posts larger than expected trade deficit as declining export prices affects trade27.01.2020
Oil prices suffer further as China virus contagion worsens27.01.2020
Copper prices plummet as concerns over China virus intensifies