Subscribe Register Login

Friday, January 30, 2015, 6:48 p.m.
Top Picks - Arkansas Daily Deal

U.S. producer prices rise 0.5% in March

By The Associated Press

This article was published April 11, 2014 at 11:07 a.m.

WASHINGTON — Increases in the cost of food, clothing, jewelry and chemicals pushed the prices companies receive for their goods and services higher in March, the U.S. Labor Department reported Friday.

The producer price index, which measures price changes before they reach the consumer, rose 0.5 percent in March, according to the department. While overall inflation remains relatively tame, producer prices have increased 1.4 percent during the past 12 months.

Wholesale food prices rose last month, led by a 30.4 percent leap in the costs of hogs and 12.4 percent increase in poultry. Those increases were partially offset by a 2.4 percent decline in gasoline prices and a 0.7 percent drop for electric power. Excluding the volatile categories of food, energy and retailer and wholesaler profit margins, core prices ticked up 0.3 percent.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. producer prices rise 0.5% in March

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

Search 865 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online