Keeping you up to date on the latest data releases.
- Producer Price Index
The Producer Price Index (PPI) fell at an annualized rate of 6.5 percent in March, following increases in February and January. On a year-over-year basis the PPI is still up 1.1 percent. Producer prices for finished consumer foods in March rose 9.9 percent following a decrease of 6.3 percent in February. Energy prices on the other hand sharply decreased 34.1 percent. Year-over-year energy prices decreased 1.9 percent since last March. Excluding volatile food and energy prices, “core” PPI rose 2.0 percent during the month and is up 1.7 percent year-over-year. At earlier stages of production, core intermediate good prices rose 2.5 percent and core crude prices increased 11.8 percent.