trending Market Intelligence /marketintelligence/en/news-insights/trending/98fkyju6ha-nf9fallrhlw2 content esgSubNav
In This List

US producer prices rise 0.2% in February

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


US producer prices rise 0.2% in February

U.S. producer prices increased 0.2% on a monthly basis in February, in line with expectations, and down from the 0.4% increase in January.

The U.S. Bureau of Labor Statistics attributed the increase to a 0.3% rise in prices for services. Prices for final demand goods fell for the first time since May 2017, decreasing by 0.1% from the previous month.

Excluding food, energy and trade services, producer prices were up 0.4% in February, the same increase as in January, but higher than Econoday's consensus estimate of a 0.3% increase.

On an unadjusted basis, the producer price index for final demand rose 2.8% for the 12 months ended February.