PPI March 2024

  • The Producer Price Index (PPI) rose 0.2% in March, coming in below the consensus expected +0.3%. Producer prices are up 2.1% versus a year ago.
  • Energy prices declined 1.6% in March, while food prices increased 0.8%.  Producer prices excluding food and energy rose 0.2% in March and are up 2.4% versus a year ago.
  • In the past year, prices for goods have risen 0.8%, while prices for services have increased 2.8%.  Private capital equipment prices rose 0.5% in March and are up 1.2% in the past year.
  • Prices for intermediate processed goods declined 0.5% in March and are down 1.7% versus a year ago.  Prices for intermediate unprocessed goods declined 1.9% in March and are down 7.1% versus a year ago.
  • The Producer Price Index (PPI) rose 0.2% in March, coming in below the consensus expected +0.3%. Producer prices are up 2.1% versus a year ago.
  • Energy prices declined 1.6% in March, while food prices increased 0.8%.  Producer prices excluding food and energy rose 0.2% in March and are up 2.4% versus a year ago.
  • In the past year, prices for goods have risen 0.8%, while prices for services have increased 2.8%.  Private capital equipment prices rose 0.5% in March and are up 1.2% in the past year.
  • Prices for intermediate processed goods declined 0.5% in March and are down 1.7% versus a year ago.  Prices for intermediate unprocessed goods declined 1.9% in March and are down 7.1% versus a year ago.