Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/12/2012 9:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Producer Price Index Unchanged; Core Rate Rises

Prices paid to U.S. producers were little changed in March, but the core rate excluding food and fuel rose, the Labor Department said Thursday.

The unchanged producer price index followed a 0.4% increase in February, which had been the largest gain in five months.

The so-called core PPI excluding food and energy rose 0.3%, following a 0.2% rise, Labor said.

The overall PPI rate was within economists’ forecasts, while the core rate matched projections, Bloomberg reported.

An increase in the PPI could indicate strong demand for goods, which would mean more shipments for trucking companies. However, if inflation begins to accelerate too quickly, it could also hurt the economy.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement