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In March 2026, core producer prices in the United States—excluding food and energy—rose 0.1% month over month, the smallest increase in four months. This followed a revised 0.3% gain in February and came in below market expectations of a 0.5% rise. Prices for final demand goods, excluding food and energy, increased 0.2% after a 0.3% advance in February, while services prices were flat, following a 0.3% increase in the previous month. On an annual basis, core producer prices were up 3.8% in March, unchanged from February’s revised rate and below the anticipated 4.1% increase.
