Markets Get More Bad News As Pipeline Inflation Pervasive

Markets Get More Bad News As Pipeline Inflation Pervasive

US producer prices accelerated at a double-digit annual pace for the fifth consecutive month in April, data out Thursday showed. The final demand gauge rose 11% on a 12-month basis. That was hotter than expected. Consensus saw 10.7%. If you're feeling generous, you could suggest we've seen the peak. The simple figure (below) gives you some context. The core gauge rose 8.8% from April of 2021. Ex-food, energy and trade, the YoY increase was 6.9%. That too was hotter than anticipated. Economi
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints