- Prior was +0.4% (revised to +0.6%)
- PPI yy 4.7% vs 4.9% prior
- Uncooked supplies value index -1.0% m/m vs +0.3% prior
- Uncooked supplies value index +3.9% y/y vs +6.6% prior
The slowdown in value pressures is notable by way of uncooked supplies and that can proceed in April by way of the plunge in oil and pure gasoline costs.
This text was written by Adam Button at www.forexlive.com.
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