Producer Prices Down 0.1% in March

Washington, DC, April 13, 2016—The Producer Price Index for final demand fell 0.1% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

Final demand prices decreased 0.2% in February and advanced 0.1% in January.

On an unadjusted basis, the final demand index moved down 0.1% for the 12 months ended in March.

The decrease in the final demand index in March can be traced to prices for final demand services, which declined 0.2%. In contrast, prices for final demand goods rose 0.2%.

The index for final demand less foods, energy, and trade services was unchanged in March after four consecutive advances. For the 12 months ended in March, prices for final demand less foods, energy, and trade services rose 0.9%.