๐จ๐บ๐ธU.S. PRODUCER PRICES PLUNGE IN APRIL, SIGNALING
#COOLING INFLATION
๐นAnnual PPI: +2.4% (lowest since Sep 2024)
๐นMonthly PPI: -0.5% (lowest since Apr 2020)
๐นMarket Expectation: +0.2%
๐นImplication: Inflationary pressures continue easing