能源价格暴涨导致美国PPI数据飙升,美国通胀“火势”再起
Odaily Planet Daily News: Due to continuous upward pressure on upstream costs, the US PPI annual rate in April recorded its largest increase in over three years, rekindling inflationary pressures. Data released by the US Bureau of Labor Statistics on Wednesday showed that, after seasonal adjustment, the Producer Price Index rose 1.4% month-on-month in April, significantly higher than the 0.5% expected in the Dow Jones survey and surpassing the upwardly revised 0.7% in March. This marked the largest single-month increase since March 2022. On a year-on-year basis, the April PPI rose 6%, reaching its highest level since December 2022. Excluding food and energy, the core PPI increased 1% month-on-month, exceeding the expected 0.4%. Further excluding food, energy, and trade services, the PPI rose 0.6% month-on-month. Similar to the surge in CPI data released on Tuesday, energy prices were also the fundamental reason behind the unexpected sharp rise in April PPI data. The Bureau of Labor Statistics stated that within the composition of the PPI, about three-quarters of the increase in goods prices was driven by final demand energy prices, which rose 7.8% for the month. Over 40% of that increase could be attributed to a 15.6% surge in gasoline prices. During the month, impacted by the Iran war's shock to the entire energy sector, US gasoline prices had already far exceeded $4 per gallon. (Jin Shi)
