US wholesale prices unexpectedly drop 0.5% in April

[progree]

Last edited Thu May 15, 2025, 08:26 PM - Edit history (3)

https://finance.yahoo.com/news/us-wholesale-prices-unexpectedly-drop-123153059.html
No more in this article at the moment. Here is from the BLS:

BLS news release https://www.bls.gov/news.release/ppi.nr0.htm

I use a double minus to make minuses stand out more

I highlight the latest numbers: April and the 12 month numbers

Regular PPI: Jan-Apr, month by month: +0.7%, +0.2%, +0.0%, --0.5%), 12 months: +2.4%,
The average of the last 3 months annualizes to a --1.2% rate (using the actual index numbers for this calculation)

This is the core measure that the BLS highlights:
Core PPi (ex food, energy, and trade services): Jan-Apr: +0.4%, +0.4%, +0.2%, --0.1%, 12 months: +2.9%
The average of the last 3 months annualizes to a +1.8% rate (using the actual index numbers for this calculation)

This is the core measure that the media usually highlights
Core PPI (ex food & energy): Jan-Apr: +0.6%, +0.2%, +0.4, --0.4%, 12 months: +3.1%

Edited to correct the Core PPI (ex food & energy) using the BLS timeseries https://data.bls.gov/timeseries/WPSFD49104 (I previously used the "Less Foods & Energy" in Table A which is under the "Final Demand Goods" columns, and apparently that doesn't include the service components.