Wholesale prices increased 0.9% in April, led by energy costs

The Producer Price Index for Finished Goods advanced 0.9 percent in April, seasonally adjusted, the Department of Labor reported today. This gain followed a 0.5-percent rise in March and a 1.4-percent decline in February. The index for finished goods other than foods and energy rose 0.1 percent, the same rate of increase as in the previous month. 

  • Prices for energy goods advanced 4.0 percent in April, after rising 1.8 percent in the preceding month. 
  • The index for capital equipment climbed 0.2 percent, following a 0.1-percent gain in the previous month. 
  • In April, rising prices for civilian aircraft, communication and related equipment, truck trailers, industrial material handling equipment, and integrating and measuring instruments more than offset falling prices for passenger cars, electronic computers, construction machinery and equipment, and heavy motor trucks.

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