U.S. April Core PPI rises 1% month-on-month, the biggest increase since March 2022

Techub News, according to Wu Blockchain, the U.S. core Producer Price Index (PPI) rose 1% month-on-month in April, the largest increase since March 2022, far exceeding the market expectation of 0.3% growth, with the previous figure revised upward to 0.2%. This data excludes food and energy prices, reflecting continued inflationary pressure on the producer side. The market is paying attention to the potential impact of this indicator on the Federal Reserve's monetary policy path, as the stronger-than-expected core PPI growth may strengthen expectations that interest rates will remain high.