Producer prices in the United States increased 2.1% year-on-year in March 2024, the most since April 2023, after 1.6% rise in February, but below forecasts of 2.2%. Producer Prices Change in the United States averaged 3.08 percent from 1950 until 2024, reaching an all time high of 19.57 percent in November of 1974 and a record low of -6.86 percent in July of 2009. source: U.S. Bureau of Labor Statistics
Producer Prices in the United States increased 2.10 percent in March of 2024 over the same month in the previous year.
Producer Prices in the United States increased 2.10 percent in March of 2024 over the same month in the previous year. Producer Prices Change in the United States is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Producer Prices Change is projected to trend around 3.20 percent in 2025, according to our econometric models.