This is an interesting bit of information. I'm not sure if it tells the whole story of what is going or how to interpret it.
Producer Price Index News Release summary
Producer Price Index News Release summary
Quote:
The Producer Price Index for final demand fell 0.5 percent in April, seasonally adjusted, the U.S.
Bureau of Labor Statistics reported today. Final demand prices were unchanged in March and
increased 0.2 percent in February. (See table A.) On an unadjusted basis, the index for final
demand rose 2.4 percent for the 12 months ended in April.
