Wall Street Journal (04/14/15) Eric Morath; Kate Davidson
The U.S. producer price index (PPI) increased in March for the first time since October, a sign of easing inflation. The PPI for final demand rose a seasonally adjusted 0.2% last month from February, according to the U.S. Department of Labor. Even when excluding the energy and food categories, the index rose 0.2%. Economists polled by the Wall Street Journal had forecast overall prices would rise 0.2% and prices excluding energy and food would increase 0.1%.
Producer prices fell 0.8% year-to-year, but core prices have risen 0.9% from a year ago.