U.S. Producer Price Index Rose 0.2% In May
(For May 2011)
U.S. producer price index rose 0.2% in May vs. 0.1% consensus. April reading was at 0.8%. On year level PPI is up 7.0%.
Food & energy taken out U.S. producer price index rose 0.2% in May; Consensus was at 0.2%; Prior reading was at 0.3%. On year level core PPI is up 2.1%.