US producer prices rose moderately in April

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%.

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