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 

0.3%.

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%.