US headline Producer Prices rose by 3.4% YoY in February
WikiBit 2026-03-18 21:39
US Producer Prices rose 3.4% in February from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). The print came
Finance
US headline Producer Prices rose by 3.4% YoY in February
US Producer Prices rose 3.4% in February from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). The print came in well above estimates (2.9%) and the 2.9% gain recorded in the previous month.
Stripping out food and energy, core Producer Prices also surprised to the upside, gaining 3.9% YoY, above the 3.7% forecast and up from the previous 3.5% increase (revised from 3.6%YoY).
On a monthly basis, the headline PPI edged up 0.7%, and the core PPI rose by 0.5%.
Market reaction
The Greenback picks up renewed upside traction on Wednesday, lifting the US Dollar Index (DXY) to the 99.80 region, or daily highs, soon after the release.
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