In May 20Th, The US Producer Price Index (PPI) Dropped Slightly Early In April.

According to the US Department of labor, the core PPI excluding food and energy prices increased by 0.2% in April compared with the previous month, rising by 0.1% in March. Economists surveyed by Dow Jones newswires estimated that PPI rose by 0.1% in April and core PPI rose by 0.1%.

The report released on Thursday showed that PPI rose by 5.5% in the 12 months to April 2010, while core PPI rose by only 1%. Energy prices in the seasonally adjusted April fell 0.8% compared with the previous month and increased by 0.7% in March. The PPI report shows that raw material prices have dropped by 1.2%, in the middle. product Prices rose by 0.8%.