From Reuters via Yahoo Finance, April 13:
U.S. producer prices increased more than expected in March amid a surge in demand for services, suggesting inflation could remain high for a while.
The producer price index for final demand increased 1.4% after rising 0.9% in February, the Labor Department said on Wednesday. In the 12 months through March, the PPI jumped 11.2%, the largest increase since 12-month data were first calculated in November 2010, after advancing 10.3% in February.
Economists polled by Reuters had forecast the PPI rising 1.1% and accelerating 10.6% year-on-year.....
....MORE
And more to come.
