Thursday, April 12, 2012

Producer Prices Held Steady in March

Producer prices failed to raise in March, a strong slowdown from February’s 0.4% growth. Prices have not stagnated or fallen since October. Although broad prices failed to grow in March, core prices rose 0.3% for finished goods, a slight acceleration from the 0.2% growth in February.

Core producer prices have now grown 2.9 percent from one year ago, the same pace seen in February. Core producer prices have remained within a relatively narrow range, between 2.9%-3.0% year over year change since September.

Read the report.

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