US April PPI Year-on-Year Recorded at 2.4%, Declining for the Third Consecutive Month
The U.S. PPI annual rate for April recorded 2.4%, marking the third consecutive month of decline and reaching a new low since September last year. The April PPI monthly rate recorded -0.5%, the lowest since April 2020, significantly below the market expectation of 0.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai
Amundi launches tokenized euro money market fund
Trending news
MoreCrypto prices
More
