U.S. producer prices rise in April

Source: RTT News
© Scanpix/FP
Producer prices in the world's largest economy increased in April rising by more than economists originally expected as food prices posted a notable advanced on the month, the latest data released by the Labor Department showed on Wednesday. The U.S. producer price index gained by 0.6% in the month of April after rising by 0.5% in the prior month.

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