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The Producer Price Index fell 0.5% in April, its biggest drop in five years

The Daily Wire
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Producer Price Index fell 0.5% in April , the Bureau of Labor Statistics reported.

The drop marks the first time the index has declined since October 2023 .

Economists predicted that President Donald Trump ’s tariffs would drive up prices.

The report is the second round of economic news being celebrated by the Trump administration this week .

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