The index is an inflation indicator reflecting the average change in prices for goods and services from the point of view of producers. The PPI deals with three areas of production: industry, commodity and processing. The data above forecasts strengthen the USD, while the data below forecasts put pressure on the national currency. The March index is expected to grow from 0.1% to 0.3% MoM and will probably remain at the same level of 1.9% YoY.
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