The US PPI increased 3.2% year on year in February, which was lower than the expected 3.3% increase and the previous value of 3.5%. The US core PPI increased 3.4% year over year in February, lower than the expected value of 3.5% and the previous value of 3.6%. The data shows that the growth rate of wholesale inflation in the US declined in February, aided by falling service costs, which indicates that price pressure eased before the Trump administration imposed additional tariffs.

The US PPI increased 3.2% year on year in February, which was lower than the expected 3.3% increase and the previous value of 3.5%. The US core PPI increased 3.4% year over year in February, lower than the expected value of 3.5% and the previous value of 3.6%. The data shows that the growth rate of wholesale inflation in the US declined in February, aided by falling service costs, which indicates that price pressure eased before the Trump administration imposed additional tariffs.