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TechFlow news, according to Jinshi News, the U.S. April PPI annual rate was recorded at 2.2%, in line with expectations.
In addition, the U.S. April core PPI annual rate was 2.4%, matching the expected and prior value of 2.40%.
The U.S. April core PPI monthly rate came in at 0.5%, surpassing expectations and prior values of 0.20%.
Following the release of the PPI data, the dollar index (DXY) rose 26 points in quick succession, currently trading at 105.44.
According to Jinshi, the U.S. PPI year-on-year rate for April came in at 2.2%, matching expectations. Additionally, the U.S. core PPI year-on-year rate was 2.4%, in line with expectations and the previous value of 2.40%. The U.S. core PPI month-on-month rate for April was 0.5%, higher than the expected and prior value of 0.20%. Following the PPI data release, the dollar index DXY rose 26 points briefly, currently at 105.44.
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