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March PPI Inflation Data Released: What You Need to Know
- The U.S. Producer Price Index (PPI) for final demand decreased 0.4% in March.
- The core PPI, excluding food, energy, and trade services, edged up by 0.1% in March.
- In contrast, the Consumer Price Index (CPI) for March revealed a 0.1% month-over-month decrease.
- The unexpected easing in consumer inflation was largely driven by a significant drop in gasoline prices and airline fares.
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