BREAKING: 🇺🇸 April PPI inflation FALLS to 2.4%, below expectations of 2.5%.

Core PPI inflation FALLS to 3.1%, in-line with expectations of 3.1%.

However, March PPI inflation was revised HIGHER, from 3.3% to 4.0%, and Core PPI up to 3.4%.

Mixed signals coming from PPI inflation.