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Producer Prices

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U.S. March PPI at 4.0% Year-Over-Year, Misses 4.7% Forecast; IEA Projects Oil Demand Contraction in 2026benzinga.com
finance6 hrs ago

U.S. March PPI at 4.0% Year-Over-Year, Misses 4.7% Forecast; IEA Projects Oil Demand Contraction in 2026

The U.S. Producer Price Index for final demand increased 4.0% year-over-year in March, missing the consensus estimate of 4.7%. Month-over-month, it rose 0.5%, under the expected 1.1%. Separately, the International Energy Agency stated global oil demand will contract in 2026.

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