US PPI Final Demand, +0.2% vs. +0.2% est.  Ex Food and Energy +0.2%

YoY Final Demand -0.8% vs -0.9% est.

The US PPI final demand rose by 0.2% for the month of March (est +0.2%). Ex-food and energy the measure also rose by 0.2% vs. 0.1% estimate.

Year on year final demand PPI came in at - 0.8% vs. estimate of -0.9%. The ex-food and energy. Year on year showed a gain of +0.9%. This was as expected.

The data is largely as expected.

The forex market is reacting more to the weaker than expected retail sales for March (USD moving sharply lower). The 0.9% increase was not as good as the 1.1% estimate.

Below are the trends in the US PPI data