US February PPI 3.4% vs 2.9% expected

  • Prior was 2.9%
  • PPI final demand vs +0.3% expected (prior was +0.5%)
  • PPI ex-food and energy % y/y vs +3.7% expected
  • Ex-food and energy vs +0.3% expected
  • PPI Ex Food/Energy/Trade % m/m vs +0.3% prior
  • PPI Ex Foor/Energy/Trade % y/y vs +3.4% prior

This will be the last clean read before the Iran war. Expect a big jump for the March data.

This article was written by Adam Button at investinglive.com.