"Tech-Led Rebound: US Producer Prices Rise 2.1% in March, Less Than Expected"
TL;DR
US producer prices rose 2.1% from a year ago, marking the most significant increase in 11 months, with the producer price index for final demand showing a 0.2% monthly increase in March, following a sharp advance in February. Certain categories contributing to the Federal Reserve's preferred inflation gauge saw more muted increases.
- US Producer Prices Rise 2.1% From Year Ago, Most in 11 Months Bloomberg
- Stock market today: Tech leads rebound after mixed inflation data Yahoo Finance
- Wholesale prices rose 0.2% in March, less than expected CNBC
- US stocks rise as tech rebounds ahead of earnings from major Wall Street banks By Investing.com Investing.com
- With inflation back up, the long-predicted storm clouds in the economy may actually be forming CNN
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