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Market Nerves May Benefit in Short Term from Decrease of Wholesale Prices in March
By Prathapan Bhaskaran - Apr 15, 2025, 07:32 AM ET
Last Updated - Apr 15, 2025, 08:05 AM EDT
Producer Price Index dropped in March despite confusing noise over Trump’s import tariff threats
The reported 0,4% decrease in Producer Price Index final demand in March shows the market nerves were unaffected ahead of the April 2 ‘Liberation Day’ announcement of steep import tariffs across the board by President Donald Trump. The PPI final demand increased 0.1% in February and 0.6% in January.
The U.S. Bureau of Labor Statistics reported today that on an unadjusted basis, the index for final demand advanced 2.7% for the 12 months ended in March.
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The decrease in final demand index was attributed to by prices for final demand goods that fell 0.9% and the index for final demand services that declined 0.2 percent.
The March report is expected to be the last one untainted by the new tariff regime that Trump has enforced. A CNN report said the report ahead of the tariff chaos is significant in measuring the strength of the U.S. economy. Although Trump has kept suspended the increased reciprocal tariffs for all countries except China barring 10% general tariffs, the market uncertainty continues. Whatever traces of market jitters existed were gone after Trump exempted laptops and some electronic components from 154% tariffs on imports from China.
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