Washington, April 11, 2025 (AFP) - US March producer inflation fell on plunging gas prices

NAMPA / AFP

2025-04-11

US producer inflation fell sharply last month before fresh tariffs from Donald Trump took effect, aided by an 11.1 percent drop in gasoline prices, according to government data published Friday. The producer price index (PPI) declined by 0.4 percent in March, well down from a sharply revised 0.1 percent increase a month earlier, the Labor Department said in a statement. The data published Friday came in significantly below the market consensus of......

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