Infation Concerns: Core PPI Increases Larger-than-Expected 0.3% in April

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00004936-infation-concerns-core-ppi-increases-larg/

By Rex Nutting, MarketWatch

U.S. wholesale prices increased a larger-than-expected 0.6% in April, as energy prices continued to push higher, the Labor Department reported Tuesday.

Excluding food and energy prices, the producer price index for finished goods increased 0.3%. Energy prices increased 2.1%, food prices rose 0.1%, and capital goods prices increased 0.2%. Read the full report.

The PPI had increased 0.7% in March, with core prices up 0.1%.

For this complete story, please visit Infation Concerns: Core PPI Increases Larger-than-Expected 0.3% in April.

Infation Concerns: Core PPI Increases Larger-than-Expected 0.3% in April

Unknown Author

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