Wednesday, April 11, 2012

It's The Economy Stupid: Import Prices

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



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