New economic data has been released today’s pre-market, with the inflation gauge metric Producer Price Index (PPI) hitting the tape. Results were more tepid than expected: +0.1% for the month of April, down from the estimated +0.2-0.3% and the March read of +0.3%. Stripping out volatile food and energy prices, this number reached +0.
2%, and +2.3% year over year.Economic Data & More
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