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Producer Price Index: Difference between revisions
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* The U.S producer price index(PPI) dropped 0.5% month-over-month in March compared to expectations for prices to be flat<ref>https://www.cnbc.com/2023/04/12/stock-market-today-live-updates.html</ref>. | * The U.S producer price index(PPI) dropped 0.5% month-over-month in March compared to expectations for prices to be flat<ref>https://www.cnbc.com/2023/04/12/stock-market-today-live-updates.html</ref>. | ||
* Core PPI declined 0.1% month-over-month, way better than the 0.2% expected increase. | * Core PPI declined 0.1% month-over-month, way better than the 0.2% expected increase. | ||
* Year-over-year, PPI rose 2.7% in March versus 4. | * Year-over-year, PPI rose 2.7% in March versus 4.9% year-over-year increase in February. | ||
* The decline in PPI was mainly attributed to the 1% drop in the prices of final demand goods<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | * The decline in PPI was mainly attributed to the 1% drop in the prices of final demand goods<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | ||
== References == | == References == | ||