US core PPI hits 2.5% in February

12 March 2021

 

Summary: Prices received by producers increase in February, above expectations; smaller “core” PPI increase; most of rise from higher goods prices.   Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which then continued through 2019. Months in which producer prices increased suggested the trend may have been coming to an end, only for it to continue, culminating in a...

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