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11 Apr 2019
US: Producer Price Index (YoY) rose to 2.2% in March vs 1.9% expected
"The Producer Price Index for final demand rose 0.6 percent in March, seasonally adjusted," the U.S. Bureau of Labor Statistics reported on Thursday.
Key quotes
- Final demand prices edged up 0.1 percent in February and decreased 0.1 percent in January.
- On an unadjusted basis, the final demand index increased 2.2 percent for the 12 months ended in March, the largest 12-month rise since a 2.5-percent advance in December 2018.
- On an unadjusted basis, the final demand index increased 2.2 percent for the 12 months ended in March, the largest 12-month rise since a 2.5-percent advance in December 2018.
- The index for final demand less foods, energy, and trade services was unchanged in March following a 0.1-percent advance in February.
- For the 12 months ended in March, prices for final demand less foods, energy, and trade services rose 2.0 percent.
- For the 12 months ended in March, prices for final demand less foods, energy, and trade services rose 2.0 percent.