Prior +0.2%
Slight delay in the release by the source. If you strip out energy prices, producer prices were actually higher by 0.3% compared to April. The breakdown shows that an increase in prices for intermediate goods (+0.3%), capital goods (+0.2%), and non-durable consumer goods (+0.1%). That is offset by a decline in energy prices (-0.5%) and durable consumer goods (-0.1%).
This article was written by Justin Low at www.forexlive.com.
