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Tuesday May 17, 08:57
U.S. PPI unexpectedly rose 0.6% in April
(by Mark Riley)

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U.S. PPI unexpectedly rose 0.6% in April from 0.7% in March, due to rising oil prices, according to the Labor Department. Economists were forecasting 0.4%. On a year-on-year basis the PPI was up 4.8%.

Excluding food and energy prices (core-PPI), the index increased 0.3% from 0.1% in March. Economists were expecting 0.2%. On a year-on-year basis the core-PPI was up 2.6%.

After the data the euro fell to $1.2615 from $1.2645 before the release.
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27 May 2005 08:40 AM U.S. personal income rose 0.7% in April
26 May 2005 09:44 AM U.S. GDProse only 3.5% in the first quarter
 


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