US April producer prices rise 23 over past year smallest increase since January 2021

The numbers: U.S. producer prices rose 0.2% in April, the Labor Department said Thursday. Economists polled by the Wall Street Journal had forecast the PPI would rise 0.3%. In the 12 months through April, the PPI increased 2.3%. It follows a 2.7% gain in March. This is the lowest rate…Read More