Global Economic News

U.S. Producer Prices Increase 0.5% In April, In Line With Estimates

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.

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by RTTNews Staff Writer

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