In March, U.S. producer prices rose at the fastest pace in a year, with a month-over-month increase of 0.2%, which was below the estimated 0.3% and less than the 0.6% rise in February. This development marked the most significant year-over-year increase in 11 months at 2.1%, highlighting persistent inflationary pressures. The figures, released by the Labor Department's Bureau of Labor Statistics, indicate that inflation remains stubborn, adding to the uncertainty regarding the timing of the U.S. Federal Reserve's potential interest rate cuts.
US producer prices increased in March from a year earlier by the most in 11 months, highlighting the sticky nature of inflation. https://t.co/ua8CQNXEva
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis. (AP)
U.S. producer prices rose 2.1% in March from last year as inflation remains stubborn https://t.co/u0He6JGttv
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year. https://t.co/fhWm6ubzFS
💡U.S. producer prices increased by slightly less than expected in March, adding to the uncertainty surrounding when the U.S. Federal Reserve will start cutting interest rates. The producer price index for final demand rose 0.2% last month, after rising by 0.6% in February, the…
US producer prices increased in March from a year earlier by the most in 11 months, highlighting the sticky nature of inflation. https://t.co/JqU8MtpvDq
Wholesale prices rose 0.2% in March, less than expected https://t.co/r55SzfZhyq
US producer prices increased in March from a year earlier by the most in 11 months, highlighting the sticky nature of inflation. https://t.co/4kTBaLzvyG
Producer Prices Rose At Fastest Pace In A Year In March https://t.co/FA6TC2xS1F
Wholesale Prices => The producer price index increased 0.2% for the month, less than the 0.3% est from and not as much as the 0.6% increase in February, according to a release Thursday from the Labor Department’s Bureau of Labor Statistics. $QQQ $SPY $IWM https://t.co/3GLqLcpGSF
"Wholesale prices rose 0.2% in March, less than expected; The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate." CNBC
US MARCH PRODUCER PRICES RISE 0.2% M/M; EST. 0.3%