The PPI is a measure of the change in the average selling price of domestic producers for their products, including raw materials, intermediate goods, and finished products. The decline in PPI may mean lower costs for enterprises, which will lead to lower consumer prices or higher profit margins, but it may also reflect weak market demand; An increase in PPI usually indicates an increase in the production cost of enterprises, which may lead to a reduction in profits, a decrease in investment, and an increase in the price of consumer goods.
BLS data showed that the final demand PPI fell by 0.5% month-on-month in April, well below economists' previous expectations of a 0.2% increase. The decline was largely due to a 1.7% plunge in trade service prices, which are currently squeezing corporate profit margins. On a year-on-year basis, inflation slowed to 2.4% in April from March levels.
Price trends for glass and curtain wall materials
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