PPI annualized rose 4.0% YoY in March, below economists' 4.6% forecast.
Core PPI increase slowed to 0.5% month‑on‑month, matching February and missing 1.1% expected rise.
Energy component surged 8.5% YoY, with gasoline up 15.7%, while services prices stayed flat.
Analysts say higher oil prices under $100/barrel may delay broader inflation impact, easing Fed rate‑cut expectations.