US February PPI +10.0% vs +10.0% y/y expected

• Prior was +9.7% y/y (revised to +10.0%)
• PPI m/m +0.8% vs +0.9% expected

Excluding food and energy:

• y/y +8.4% vs +8.7% expected
• m/m +0.2% vs +0.6% expected

Excluding food, energy and trade:

• +0.2% m/m vs +0.8% prior
• +6.6% y/y vs +6.9% prior

These numbers are a bit cooler than expected but given the shock to raw materials prices, March will be higher again and inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is going to be a Fed problem for awhile.

Markets are little changed in the aftermath of the data.