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Wholesale prices remained in February. Prices were expected to rise by 0.3%.
The PPI core actually fell by -01%.
PPI Deep Freeze
PPI 0.0% MOM, exp. 0.3%
PPI core -0.1%, exp. 0.3%PPI 3.2% previous year, Exp. 3.3%
PPI core 3.4%, exp. 3.5%– ZeroHedge (@zerohedge) March 13, 2025
Wholesale prices remained flat in February, providing even more welcome news about inflation amid the fear of tariffs, the Bureau of Labor Statistics reported Thursday.
The producer's price index, considered a key indicator of pipeline inflation pressure, did not show a month's profit after a revised upward of 0.6% in January, seasonally adjusted figures showed. Economists surveyed by Dow Jones were looking for a 0.3% increase.
Excluding food and energy, Core PPI fell by 0.1%, also down from the 0.3% increase since July and the initial negative reading estimate. Core prices excluding trade services showed profits of 0.2% and below the 0.3% estimate.
Wholesale commodity prices are driven primarily by rising egg prices.
Wholesale products prices rose 0.3% that month. This is an increase, driven primarily by rapid egg inflation, but offset by a decline in energy prices. Egg inflation is slower at wholesale levels, but prices are significantly higher than last year as fatal bird flu destroys flocks and affects supply.
Eggs on the fresh use index increased by 28.1% each month, slowing from 44% in January. Each year, the category is up 136.6%.
Donald Trump is tackling the issue of inflation.
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