Okay, the March Import Price Index rose 1.3%, but only 0.5% for non-petroleum costs. So increases in petroleum costs are definitely starting to show up. The economist’s estimates were only for a 0.8% increase. The March increase was the steepest increase in several months. Year On Year the Import Price Index is up 3.4% in March.
John Broussard
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury
Ph: 225-342-0013
Fx: 225-342-9721
Email: jbroussard@treasusry.state.la.us
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