Producer Price Index: Wholesale Inflation Sees Biggest Monthly Drop Since 2020

2025-05-16 02:20:00 ET

Summary

• The producer price index for final demand was down 0.5% month-over-month after a flat reading in March.
• Core PPI (excludes food and energy) fell 0.4% in April, down from 0.4% in March and lower than the expected 0.3% growth.
• In April, the PPI for finished goods fell 0.1% month-over-month, up from -1.3% in March.

By Jennifer Nash

Wholesale inflation unexpectedly fell in April, experiencing its largest monthly decline in five years. The producer price index for final demand was down 0.5% month-over-month after a flat reading in March. This was lower than the expected 0.2% growth. On an annual basis, headline PPI increased 2.4%, down from 3.4% in March and below the 2.5% forecast....

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