Producer Prices Edged Up 0.6% in March
Washington, DC, April 11, 2019-The Producer Price Index for final demand rose 0.6% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Final demand prices edged up 0.1% in February and decreased 0.1% in January. On an unadjusted basis, the final demand index increased 2.2% for the 12 months ended in March, the largest 12-month rise since a 2.5% advance in December 2018.
In March, over 60% of the increase in the index for final demand can be traced to a 1.0% advance in prices for final demand goods. The index for final demand services moved up
The index for final demand less foods, energy, and trade services was unchanged in March
following a 0.1% advance in February. For the 12 months ended in March, prices for final
demand less foods, energy, and trade services rose 2.0%.