Brief
BREAKING NEWS: PPI Rises 0.5% in March, Undershoots Expectations
The Producer Price Index (PPI) increased 0.5% month-over-month in March, the U.S. Bureau of Labor Statistics reported, coming in well below the 1.2% consensus estimate and matching February’s revised
The Producer Price Index (PPI) increased 0.5% month-over-month in March, the U.S. Bureau of Labor Statistics reported, coming in well below the 1.2% consensus estimate and matching February’s revised 0.5% gain. On an annual basis, producer inflation rose 4.0%, also undershooting expectations of 4.7% and accelerating from 3.4% in the prior month.. Core PPI, which excludes food...
Source
- Connect CREconnectcre.com
