US PPI rose 0.6% mom, 6.2% yoy in April, above expectation of 0.3% mom, 6.0% yoy. The annual increase was the highest since November 2010. PPI core rose 0.7% mom, 4.1% yoy, above expectation of 0.2% mom, 3.1% yoy. The annual rate was highest since August 2014.
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