- Analytics
- News and Tools
- Market News
- U.S. PPI falls less than expected in March
U.S. PPI falls less than expected in March
The Labor Department reported on Thursday the U.S. producer-price index (PPI) fell 0.2 percent m-o-m in March, following an unrevised 0.6 percent m-o-m drop in February.
For the 12 months through March, the PPI increased 0.7 percent, decelerating from 1.3 percent in the previous month.
Economists had forecast the headline PPI would decrease 0.4 percent m-o-m but rise 0.5 percent over the past 12 months.
According to the report, the February decline in the final demand index can be traced to a 1.0-percent m-o-m fall in prices for final demand goods. Meanwhile, the index for final demand services increased 0.2 percent m-o-m.
Excluding volatile prices for food and energy, the PPI rose 0.2 percent m-o-m and surged 1.4 percent over 12 months. Economists had forecast no change m-o-m and a gain of 1.2 percent y-o-y.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
