Producer prices fell 0.1% in March, seasonally adjusted, after climbing 0.3% in February, according to the U.S. Bureau of Labor Statistics. Producer prices rose 2.3% for the twelve months ended March 2017, which is the largest increase since the twelve months ended March 2012.
The index for final demand goods also fell 0.1% in March. The decrease was led by a 2.9% decline in the index for final demand energy. However, the index for final demand goods less food and energy rose 0.4%.
Prices for final demand services ticked down 0.1% in March. More than half of the decline was due to the index for final demand services less trade, transportation, and warehousing, which decreased by 0.1%.
Read the BLS release.