Producer Price Index Falls To -0.6% In February
Inflation? I would say no till further notice. PPI fell to -0.6% in February vs. -0.2 consensus and 1.4% in January. Producer margins? Squeezed.
Chart 1. U.S. Producer Price Index
Global Macro Perspectives
Inflation? I would say no till further notice. PPI fell to -0.6% in February vs. -0.2 consensus and 1.4% in January. Producer margins? Squeezed.
Chart 1. U.S. Producer Price Index