U.S. Business Price Growth Came in Hotter Than Expected Last Month


WASHINGTON—A gauge of U.S. business prices grew more than expected in March, the latest sign inflation pressures may be building in the economy.

The producer-price index, a measure of the prices businesses receive for their goods and services, rose a seasonally adjusted 0.3% in March from a month earlier, the Labor Department said Tuesday, while economists had expected a smaller 0.1% increase.


Facebook Comments

Comments are closed.