U.S. Producer Prices Inch Higher Amid Supply Chain Pressures
US producer prices edged up 0.2% in April, reflecting ongoing supply chain pressures and rising costs for goods and services that could keep inflation concerns on the radar for investors.
US producer prices edged up 0.2% in April, reflecting ongoing supply chain pressures and rising costs for goods and services that could keep inflation concerns on the radar for investors.
US producer prices climbed 0.5% last month, fueled by smoother supply chains and rising commodity costs, signaling that inflation pressures remain steady despite consumer price moderation. This shift has investors eyeing raw material sectors and preparing for ongoing market volatility.