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March PPI and Initial Jobless Claims........>

US DATA
US DATA: March PPI and Initial Jobless Claims
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- Headline PPI above-expected +0.6% vs +0.3% BBG expected, +0.3% MNI
- Core PPI also above-expected +0.3% vs +0.2% BBG, +0.2% MNI
- PPI ex. food, energy, and trade services flat.
- Energy prices +5.6%, food prices +0.3%, trade services +1.1%
- Y/Y rates: headline PPI +2.2% vs Feb +1.9%, core +2.4% vs Feb +2.5%
- Personal consumption prices +0.7%, ex-food, energy +0.4%
- Initial jobless claims below-expected -8k to 196k in April 6 week.
- Claims 4-week average -7k to 207,000; could fall next week

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