Producer Prices Rose 0.3% in March

Producer prices increased 0.3% in March, seasonally adjusted, after rising 0.2% in February, according to the U.S. Bureau of Labor Statistics. Producer prices rose 3.0% for the twelve months ended March 2017.

The index for final demand goods rose 0.3% in March, after decreasing 0.1% last month. The index for final demand energy slipped 2.1%, while prices for final demand goods less foods and energy grew 0.3%.

Prices for final demand services increased 0.3%. Prices for final demand transportation and warehousing grew 0.6% in March after increasing 0.9% in February. Prices for final demand trade rose 0.2%.

Read the BLS release.

About Stephen Newton

Stephen Newton is an economic research associate at ABA.
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