Wednesday morning at 8:30am EST (New York Time), the U.S. PPI figures for April is scheduled to be released. The Producer Price Index (PPI) is released monthly by the U.S. Department of Labor. It shows us what the change in the price of finished goods and services sold by their producers that month is.
In March there was a 0.6% decrease in the PPI following a 0.7% increase in February. A 0.6% decrease seems to be the general expectation for tomorrow’s figures.
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