Wholesale Prisies Were Flat in February Providing some more Welcome News for Inflation AMID TARIFF FARS, The Bureau of Labor Statistics Reported species.
The Producer Price Index, Considered a Leading Indicator for Pipeline Inflation Pressures, Showed No Gain for the Month after Jumping An upwardly revised 0.6% in January. Economists surveyed by down
Excluding food and energy, core ppi decreased 0.1%, also Against an Estimate for a 0.3% Increase. Core prices also excluding trade services showed a gain of 0.2%.
The report come a day after the blS reported that the consumer price index rose 0.2% for februry, putting the headline influence rate at 2.8%, a slight Easing from January and SOME ENCOURGING NECOURGING NECOURGING NEC Markets are concerned over the impact that President Trump’s tarifs will have on costs.
Whereas cpi measures what consumers pay at the register for goods and services, ppi is a gauge of final demand prises that Producers Get for their products.
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(Tagstotranslate) Producer prices