Producer prices in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Labor Department on Thursday.The Labor Department said its producer price index for final demand rose by 0.5 percent in April after surging by an upwardly revised 1.6 percent in March.Economists had expected producer prices to advance by 0.5 percent compared to the 1....
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.