US PPI at 0.2% mom, 2.1% yoy in Mar, below expectations

US PPI for final demand rose 0.2% mom in March, below expectation of 0.3% mom. PPI final demand services rose 0.3% mom while final demand goods fell -0.1% mom. For the 12-month period, PPI jumped from 1.6% yoy to 2.1% yoy, below expectation of 2.3% yoy. But that was still the highest reading since April […]

The post US PPI at 0.2% mom, 2.1% yoy in Mar, below expectations appeared first on Action Forex.