U.S. Producer Prices Jump Much More Than Expected In April

India, May 13 -- Following yesterday's consumer price inflation data, the Labor Department released a separate report on Wednesday showing producer prices in the U.S. shot up by much more than expected in the month of April.The Labor Department said its producer price index for final demand jumped by 1.4 percent in April after climbing by an upwardly revised 0.7 percent in March.Economists had expected producer pr...

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