BLS.gov
The Producer Price Index for final demand was unchanged in February . . .
In February, a 0.3-percent increase in prices for final demand goods offset a 0.2-percent decline in the index for final demand services. . . .
too soon for me to feel vindicated, but interesting nonetheless.
CNBC
"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 . . .
Excluding food and energy, core PPI decreased 0.1%, . . .
A 0.2% drop in services prices offset a 0.3% increase in goods. Two-thirds of the rise in goods came due to a 53.6% surge in chicken egg prices, the BLS said. Eggs have soared in part because of avian flu that has hit supplies, though there is some evidence that prices have eased in March as outbreaks have slowed. . . .
On the services side, more than 40% of the decline came from a 1.4% decrease in margins for machinery and vehicle wholesaling. . . .
Bloomberg:
Sources:
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