U.S. Producer Price Index Rose 0.7% In March
(For March 2011)
U.S. producer price index rose 0.7% in March vs. 1.0% consensus. February reading was at 1.6%. On year level PPI is up 5.7%.
Food & energy taken out U.S. producer price index rose 0.3% in March; Consensus was at 0.2%; Prior reading was at 0.2%. On year level core PPI is up 2.0%.