» PPI: FOMC Standoff Continues Decision Economics

PPI: FOMC Standoff Continues

Posted May 11, 2012 by Editor

[private]The April producer price index meets expectations, with the ex-food-and-energy, “core,” index slowing to a +0.2% increase (Consensus and Decision Economics: +0.2%) from +0.3% in March, and a drop in energy prices (-1.4%) pulling the overall index downward–though by a bit more than expected, to a 0.2% decline (Consensus and Decision Economics: unch).