Economic Data for Thursday, April 13, 2000
PPI for March = +1.0%
Core rate = +0.1%
stats.bls.gov
The Producer Price Index for Finished Goods increased 1.0 percent in March, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This rise followed a 1.0-percent rise in February and no change in January. Prices received by producers of
intermediate goods rose 0.9 percent, following a 0.8-percent gain in the prior month. The crude goods index increased 1.8 percent, after a 4.2-percent advance in February. (See table A.)
The index for finished goods other than foods and energy edged up 0.1 percent in March, following a 0.3-percent gain in the prior month.
Retail Sales for March = +0.4%
census.gov
The Census Bureau of the Department of Commerce announced today that advance estimates of U.S. retail sales for March, adjusted for seasonal, holiday, and trading-day differences, but not for price changes, were $269.2 billion, an increase of 0.4 percent (ñ0.7%) from the previous month and up 10.5 percent (ñ0.9%) from March 1999. Total sales for the January through March period were up 10.5 percent (ñ0.7%) from the same period a year ago. The January to February 2000 percent change was revised from +1.1 percent (ñ0.7%) to +1.8 percent (ñ0.3%). |
