US producer prices rose in March, driven largely by a surge in energy costs, though the overall increase came in below expectations. Headline PPI climbed 0.5% mom, up from prior months but well short of the 1.2% mom forecast. On an annual basis, PPI accelerated from 3.4% yoy to 4.0% yoy, also missing expectations of […]The post US PPI Inflation Rises 0.5% as Led by 16.7% Surge in Gasoline Prices, But Misses Expectations appeared first on ActionForex.