WASHINGTON (AP) — U.S. producer prices rose in March from a year earlier at the fastest pace
U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. The Labor Department said Thursday that its producer price index — which measures inflationary pressure before it reaches consumers — rose 2.1% last month from March 2023 , biggest year-over-year jump since April 2023. The slightly better-than-expected producer price reading came as something of a relief, arriving a day after the Labor Department...
WASHINGTON (AP) — U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis. The Labor Department said Thursday that its producer price index — which measures inflationary pressure […]
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