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TechFlow, April 11 — According to Jinshi Data, Adam Button, analyst at financial website Forexlive, commented on the U.S. March PPI, stating, "This is a welcome cooldown, indicating that some disinflation is brewing. With recent declines in oil and commodity prices, further cooling should follow." Energy prices fell 4.0%, food prices dropped 2.1%, and gasoline prices declined 11.1%, accounting for two-thirds of the decline in goods prices.
According to Jinshi Data, Forexlive analyst Adam Button commented on the U.S. March PPI, saying, "This is a welcome cooldown, indicating that some disinflation is brewing. With recent declines in oil and commodity prices, further cooling should follow." Energy prices fell 4.0%, food prices dropped 2.1%, and gasoline prices declined 11.1%, accounting for two-thirds of the decline in goods prices.
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