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Producer Prices Jump 6% Annually, Reinforcing Inflation Concerns
The Producer Price Index for final demand increased 1.4% in April on a seasonally adjusted basis, following gains of 0.7% in March and 0.6% in February, according to the latest data from the U.S. Bureau of Labor Statistics. The April increase marked the largest monthly rise since March 2022, when producer prices climbed 1.7%.
On a year-over-year basis, final demand prices advanced 6% through April, the strongest annual increase since December 2022, when prices rose 6.4%.
Services accounted for much of the monthly increase, with the index for final demand services rising 1.2% in April. The Bureau of Labor Statistics said nearly 60% of the overall monthly gain stemmed from higher service-sector costs. Meanwhile, prices for final demand goods increased 2%, reflecting continued pricing pressure across supply chains and commodity-linked categories.
Underlying inflation measures also strengthened. The index for final demand excluding foods, energy and trade services increased 0.6% in April, matching its largest monthly gain since October 2025. On a 12-month basis, the core measure climbed 4.4%, the highest annual reading since February 2023.
Only at Connect LA: How LA Deals Are Getting Financed Right Now
Capital is moving differently in Los Angeles – and the executives deploying it will be on stage at Connect Los Angeles. Hear perspectives from Blackstone, Oaktree Capital Management, Thorofare Capital, Parkview Financial, Kennedy Wilson, Red Oak Capital Holdings and PACE Loan Group on recapitalizations, debt strategy, underwriting challenges and how deals are getting done in today’s environment. See the full agenda and speaker lineup for the event on May 28th: Connect Los Angeles 2026
- ◦Economy
