US PPI inflation slows in February; annual rate still over 10%

15 March 2022

 

Summary: US producer price index (PPI) up 0.8% in February, less than 1.0% expected; annual rate unchanged at 10.1%; “core” PPI up 0.2%. Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which 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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