Wholesale price measure was flat in February, compared with expected increase [View all]
Source: CNBC
Published Thu, Mar 13 2025 8:36 AM EDT | Updated 12 Min Ago
Wholesale prices were flat in February providing some more welcome news on inflation amid tariff fears, the Bureau of Labor Statistics reported Thursday.
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, seasonally adjusted figures showed. Economists surveyed by Dow Jones had been looking for a 0.3% increase.
Excluding food and energy, core PPI decreased 0.1%, also against an estimate for a 0.3% rise and the first negative reading since July. Core prices excluding trade services showed a gain of 0.2%, also below a 0.3% estimate. Stock market futures pared losses following the report while Treasury yields remained higher.
The report comes a day after the BLS reported that the consumer price index rose 0.2% for February, putting the headline inflation rate at 2.8%, a slight easing from January and some encouraging news at a time when markets are concerned over the impact that President Donald Trump’s tariffs will have on costs. Whereas the CPI measures what consumers pay at the register for goods and services, the PPI is a gauge of final demand prices that producers get for their products.
Read more: https://www.cnbc.com/2025/03/13/ppi-inflation-report-february-2025-.html
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PPI for final demand unchanged in February; goods increase 0.3%, services decline 0.2% # BLSData https://bls.gov/news.release/ppi.nr0.htm
8:31 AM · Mar 13, 2025
They were all so busy gawking at the 200% tariff threat that they were ALL late putting out this simple number.
Article updated.
Previous articles -
Wholesale prices were flat in February providing some more welcome news for inflation amid tariff fears, the Bureau of Labor Statistics reported Thursday.
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, seasonally adjusted figures showed. Economists surveyed by Dow Jones had been looking for a 0.3% increase.
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%. Stock market futures pared losses following the report while Treasury yields remained higher.
The report comes a day after the BLS reported that the consumer price index rose 0.2% for February, putting the headline inflation rate at 2.8%, a slight easing from January and some encouraging news at a time when markets are concerned over the impact that President Trump's tariffs will have on costs.
Wholesale prices were flat in February providing some more welcome news for inflation amid tariff fears, the Bureau of Labor Statistics reported Thursday.
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 Dow Jones had been looking for a 0.3% increase.
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Original article -
The producer price index was expected to increase 0.3% in February, according to the Dow Jones consensus forecast.
This is breaking news. Please refresh for updates.
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