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US: Producer Price Index (YoY) rose to 2.2% in March vs 1.9% expected

"The Producer Price Index for final demand rose 0.6 percent in March, seasonally adjusted," the U.S. Bureau of Labor Statistics reported on Thursday.

Key quotes

  • Final demand prices edged up 0.1 percent in  February and decreased 0.1 percent in January.
    • On an unadjusted basis, the final demand index increased 2.2 percent for the 12 months ended in March, the largest 12-month rise since a 2.5-percent advance in December 2018.
  • On an unadjusted basis, the final demand index increased 2.2 percent for the 12 months ended in March, the largest 12-month rise since a 2.5-percent advance in December 2018.
  • The index for final demand less foods, energy, and trade services was unchanged in March  following a 0.1-percent advance in February.
    • For the 12 months ended in March, prices for final demand less foods, energy, and trade services rose 2.0 percent.
       

Canada New Housing Price Index (YoY) up to 0.1% in February from previous -0.1%

Canada New Housing Price Index (YoY) up to 0.1% in February from previous -0.1%
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US: Initial weekly jobless claims decreased by 8,000 to 196,000

"In the week ending April 6, the advance figure for seasonally adjusted initial claims was 196,000, a decrease of 8,000 from the previous week's revis
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