US March PPI Year-Over-Year at 4%, Prior at 3.4%
The US March PPI increased by 4% year-over-year, compared to a prior reading of 3.4%. The month-over-month growth was 0.5%, lower than the expected 1.2% and the prior 0.7%. Core PPI rose 3.8% year-over-year, down from 3.9% previously. Market risk warning: investing involves risks; proceed with caution. This article does not constitute personal investment advice
The US March PPI rose 0.5% month-over-month, against an expectation of 1.2% and a prior reading of 0.7%. The US March core PPI increased 0.1% month-over-month, below expectations of 0.5% and matching the prior 0.5%. The US March core PPI grew 3.8% year-over-year, down from 3.9% previously.
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