U.S. Producer Prices Drop 0.4% in March as Energy and Food Costs Slide, Easing Inflation Pressure

U.S. PPI fell 0.4% in March, driven by sharp energy and food declines. Softer input costs may ease inflation and Fed policy pressures near term.
The U.S. Producer Price Index (PPI) for final demand unexpectedly declined by 0.4% in March, ma
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