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Economic Buzz: US producer prices show mild rise despite fuel cost pressures
15-Apr-2026 08:23
U.S. producer prices rose slightly in March, even as fuel costs increased due to the Iran war. The producer price index (PPI), which measures business costs, increased a seasonally adjusted 0.5% for the month.

Core PPI, which excludes food and energy, rose just 0.1%, lower than the expected 0.5%. Meanwhile, the services sector ' a key focus for Federal Reserve policymakers ' remained flat during the month.

On a yearly basis, overall PPI climbed 4%, marking the biggest 12-month increase since February 2023. Core PPI recorded a 3.8% annual rise.

Excluding food, energy, and trade services, PPI increased 0.2% for the month and 3.6% compared to a year earlier.

Trade services fell 0.3% in March, indicating that businesses may be absorbing some tariff-related costs instead of passing them on to customers.

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