U.S. Producer Price Index Rose 0.8% In April
(For April 2011)
U.S. producer price index rose 0.8% in April vs. 0.6% consensus. March reading was at 0.7%. On year level PPI is up 6.6%.
Food & energy taken out U.S. producer price index rose 0.3% in April; Consensus was at 0.2%; Prior reading was at 0.3%. On year level core PPI is up 2.1%.