US PRODUCER PRICE INDEX *KEY INSIGHTS*

- US PPI decreased 0.5% in March.

- Two thirds of the decline in the Price Index is attributed to final demand of good, that decreased 1.0%.

- The final demand of goods decreased after presenting a drop in prices for gasoline of 11.7%.

- Prices for final demand services moved down 0.3%, the largest decline since April 2020.

- The most significant factor for the decrease in final demand services was a drop of 7.3% in margins for machinery and vehicle wholesaling.

Source: U.S. BUREAU OF LABOR STATISTICS