The Producer Price Index for final demand fell 0.4 percent in April, seasonally adjusted, according to the U.S. Bureau of Labor Statistics. Final demand prices moved up 0.2 percent in March and decreased 0.5 percent in February. On an unadjusted basis, the index for final demand declined 1.3 percent for the 12 months ended in April.
In April, more than 70 percent of the decrease in final demand prices can be attributed to a 0.7 percent decline in the index for final demand goods. Prices for final demand services edged down 0.1 percent.
Within intermediate demand, prices for processed goods fell 1.1 percent, the index for unprocessed goods moved up 0.9 percent, and prices for services advanced 0.5 percent.
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