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US April PPI Year-on-Year Recorded at 2.4%, Declining for the Third Consecutive Month

US April PPI Year-on-Year Recorded at 2.4%, Declining for the Third Consecutive Month

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Bitget2025/05/15 12:32

The U.S. PPI annual rate for April recorded 2.4%, marking the third consecutive month of decline and reaching a new low since September last year. The April PPI monthly rate recorded -0.5%, the lowest since April 2020, significantly below the market expectation of 0.2%.

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