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'Unlikely To Change Fed's Calculus': 3 Analysts On Implications Of Lower-Than-Expected PPI In March
Thursday, April 13, 2023 - 1:39pm | 592The producer price index (PPI) fell 0.5% in March, lower than expected, according to data issued bythe U.S. Labor Department. What Happened: On a year-over-year basis, the PPI number came in at 2.7%, lower than the estimated 3%. With the Consumer Price Index (CPI), and PPI for April due to be...