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March PPI Preview - 08:30 EDT/13:30 BST.....>

US DATA
US DATA: March PPI Preview - 08:30 EDT/13:30 BST
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- March PPI is expected to rise by 0.3 based on both the Bloomberg consensus and
an MNI survey of analysts. This follows a modest 0.1% gain in February.
- Core PPI (ex food and energy) is forecast to rise by 0.2% by both the Bloomber
and MNI surveys, after a 0.1% February gain.
- Gasoline prices are expected to be the key driving factor in the headline
gain, with food prices also seen higher.
- Analyst forecast history shows a tendency to overestimate overall PPI, but
underestimate core PPI.

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