$BTC The Producer Price Index (PPI) of the U.S. in April increased by 2.4% compared to the same period last year, marking the third consecutive month of decline and the lowest level since September of last year. Compared to the previous month, PPI decreased by 0.5% — the lowest level since April 2020, and significantly lower than market forecasts of +0.2%. This data indicates that inflationary pressures in the U.S. are continuing to ease, which may affect expectations for interest rate adjustments by the Federal Reserve.