Producer Prices Rose 0.6% in April From the Previous Month, Hotter-Than-Expected

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By Shannon in Business
Updated 3 years ago

U.S. producer prices data for April is set to be released at 8:30 am ET Thursday. The Producer Prices Index comes into focus after Wednesday's consumer prices report showed hotter-than-expected inflation and triggered a big sell-off in the stock market. Economists polled by FactSet are expecting a 0.3% increase in...

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