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Wholesale Prices Up 0.6% in April

Wholesale prices increased 0.6 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. The 0.6 percent increase in prices for final demand can be primarily traced to the index for final demand services and final demand goods, which both rose 0.6 percent.

Prices for final demand goods rose 0.6 percent.

On an unadjusted basis, the index for final demand moved up 2.1 percent for the 12 months ended in April, the largest 12-month advance since a 2.4 percent increase in March 2012.

Within intermediate demand, the index for processed goods was unchanged, prices for unprocessed goods rose 0.4 percent, and the index for services rose 0.1 percent.

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