U.S. Producer Prices Rose 0.6% in March as Energy Prices Soared - News Summed Up

U.S. Producer Prices Rose 0.6% in March as Energy Prices Soared


WASHINGTON—A gauge of business prices continued to accelerate in March as energy prices rebounded, a possible sign that inflation is firming after a soft patch around the end of last year. The producer-price index, a measure of the prices businesses receive for their goods and services, rose a seasonally adjusted 0.6% in March from a month earlier, the biggest increase since October, the Labor Department said Thursday. Economists...


Source: Wall Street Journal April 11, 2019 12:33 UTC



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