00:00It's a little bit better news than anticipated. PPI on a headline basis up just five tenths of a
00:05percent. The expectation for was for one point one percent on a year over year basis. That puts us at
00:13four percent from three point four. The expectation was we'd hit four point six percent. The core up
00:19just a tenth. The forecast was for four tenths last month. It was five tenths. And that puts the
00:25year over year for that at three point eight percent. The core X food, energy and trade is up
00:31three point six percent. That's a tick up from the last time in the March rise for final demand prices.
00:39One point six percent advance in the index for final demand goods. Prices for final demand services were
00:46unchanged. And what's interesting about that is that final demand services were the issue in last month's
00:53big rise in terms of what happened.
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