According to Odaily Planet Daily, the monthly rate of the US Producer Price Index (PPI) in March was 0.2%, lower than the expected 0.30% and lower than the previous value of 0.60%. However, the annual rate of the US PPI in March was 2.1%, which was lower than the expected 2.20%, but higher than the previous value of 1.60%, which was the highest since April 2023.
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The annual rate of PPI in the United States in March reached 2.1%, the highest since April 2023
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