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The U.S. March PPI month-on-month decreased by 0.4%, the largest decline since October 2023; the expectation was an increase of 0.20%.
The core PPI annual rate in the US rose by 3.40% in March, the previous value also rose by 3.40%.
The U.S. core PPI month-on-month rose by 0.1% in March, compared to a previous decline of 0.1%.
In March, the U.S. PPI year-on-year rose by 2.7%, expected to rise by 3.3%, previous value rose by 3.20%.
The overall market is still not optimistic!!