US seasonally adjusted Producer Price Index advanced 0.5% in March from February, 1.4% year-over-year, the largest 12-month gain since 1.7% rise in August 2013: Dept. of Labor
Cindy Allen
WASHINGTON
,
April 11, 2014
(press release)
–
The Producer Price Index for final demand advanced 0.5 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase followed a decline of 0.1
percent in February and a rise of 0.2 percent in January. On an unadjusted basis, the index for final demand moved up 1.4 percent for the 12 months ended in March, the largest 12-month
advance since a 1.7-percent increase in August 2013.
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