Producer prices in the US unexpectedly remained flat in February, but the cooling trend is unlikely to continue, as import tariffs are expected to push up commodity prices in the coming months. The US Bureau of Labor Statistics said on Thursday that last month's PPI remained unchanged, while the index was revised up to 0.6% in January. Previously, economists generally expected PPI to rise 0.3% in February after growing 0.4% in January. Economists estimate that a series of tariffs imposed by the Trump administration will begin to be reflected in data over the next few months, and these tariffs have already caused consumer inflation expectations to soar.

Zhitongcaijing · 03/13 12:41
Producer prices in the US unexpectedly remained flat in February, but the cooling trend is unlikely to continue, as import tariffs are expected to push up commodity prices in the coming months. The US Bureau of Labor Statistics said on Thursday that last month's PPI remained unchanged, while the index was revised up to 0.6% in January. Previously, economists generally expected PPI to rise 0.3% in February after growing 0.4% in January. Economists estimate that a series of tariffs imposed by the Trump administration will begin to be reflected in data over the next few months, and these tariffs have already caused consumer inflation expectations to soar.