United States Producer Price Index (YoY) came in at 2.7% below forecasts (3.3%) in March

United States Producer Price Index (YoY) came in at 2.7% below forecasts (3.3%) in March
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US annual PPI inflation softens to 2.7% in March vs. 3.3% expected

The Producer Price Index (PPI) for final demand in the US rose 2.7% on a yearly basis in March, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed the 3.2% increase recorded in February and came in below the market expectation of 3.3%.
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