US PPI for final demand advanced 0.2% in February
|"The Producer Price Index for final demand advanced 0.2 percent in February, seasonally adjusted”, the U.S. Bureau of Labor Statistics reported this Wednesday.
Key takeaways:
• On an unadjusted basis, the final demand index increased 2.8 percent for the 12 months ended in February.
• The index for final demand less foods, energy, and trade services climbed 0.4 percent in February, the same as in January.
• For the 12 months ended in February, prices for final demand less foods, energy, and trade services increased 2.7 percent, the largest rise since 12-month percent change data were available in August 2014.
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