"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Thursday, April 14, 2011

Producer Price Index News Release

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The latest Producer Price Index news release (http://www.bls.gov/news.release/pdf/ppi.pdf) was issued today by the Bureau of Labor Statistics. Highlights are below.
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The Producer Price Index for finished goods rose 0.7 percent in March, seasonally adjusted. This advance followed a 1.6-percent increase in February and a 0.8-percent gain in January. Prices for finished goods other than foods and energy moved up 0.3 percent.

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