
US Producer Price Index Rises in March, Below Forecasts
The Producer Price Index (PPI) for March showed an increase in wholesale prices, with some reports indicating a rise to a three-year high, while others noted the increase was less than economists had anticipated.
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Wholesale prices rose 0.5% in March, much less than expected despite war impact
The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.
Read full article →Wholesale inflation jumps to highest level in three years
Wholesale prices posted a big increase in March for the fourth month in a row in another sign inflation has heated up due to surging oil prices, but aside from energy, the cost of other goods and services were relatively tame.
By Jeffry Bartash
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