- Prior was 2.9%
- PPI final demand +0.7% vs +0.3% expected (prior was +0.5%)
- PPI ex-food and energy +3.9% y/y vs +3.7% expected
- Ex-food and energy +0.5% vs +0.3% expected
- PPI Ex Food/Energy/trade +3.5%% m/m vs +0.3% prior
- PPI Ex Foor/Energy/trade +0.5% y/y vs +3.4% prior
This will be the last clean read before the Iran war. Expect a big jump for the March data but this is not a great baseline as the headline y/y number is the highest since January 2025.
