Post by Augustine Chiagozie (@pabloexchange)

⚡️ JUST IN: April PPI Inflation surges to 6.0%, well above expectations of 4.9% and the highest since January 2023.

Core PPI Inflation rose to 5.2%, exceeding forecasts of 4.3%.

Both CPI and PPI Inflation have reached their highest levels in over three years, increasing the odds of rate hikes.

0 likes · 0 comments · 0 shares