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Reply #15: U.S. March PPI up 0.5%, core PPI up 0.1% [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 07:34 AM
Response to Reply #13
15. U.S. March PPI up 0.5%, core PPI up 0.1%

WASHINGTON (MarketWatch) - U.S. producer prices rose 0.5% in March as gasoline prices showed the biggest gain in 16 months, the Labor Department said Tuesday. Outside of food and energy, however, seasonally adjusted finished goods prices showed little movement. The core producer price index increased 0.1% in March, the smallest gain since November. Economists were expecting the PPI to rise 0.4% and the core to rise 0.2%. The PPI is up 3.5% in the past year, the lowest year-over-year gain since September 2004. Core prices are up 1.7% in the past year, the same year-over-year gain as last month. Prices fell further back in the production pipeline.
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