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=== February === | === February 2023 === | ||
* February Producer Price Index was encouraging. It fell 0.1%, versus 0.3% increase in January and against the estimate for a 0.3% increase. Year-on-year, PPI rose 4.6% in the month, versus 5.7% in January and below the 5.4% estimate. | * February Producer Price Index was encouraging. It fell 0.1%, versus 0.3% increase in January and against the estimate for a 0.3% increase. Year-on-year, PPI rose 4.6% in the month, versus 5.7% in January and below the 5.4% estimate. | ||
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https://seekingalpha.com/news/3947615-producer-price-inflation-falls-in-february</ref>. | https://seekingalpha.com/news/3947615-producer-price-inflation-falls-in-february</ref>. | ||
=== March === | === March 2023 === | ||
* The U.S producer price index(PPI) dropped 0.5% month-over-month in March compared to expectations for prices to be flat<ref>https://www.cnbc.com/2023/04/12/stock-market-today-live-updates.html</ref>. | * The U.S producer price index(PPI) dropped 0.5% month-over-month in March compared to expectations for prices to be flat<ref>https://www.cnbc.com/2023/04/12/stock-market-today-live-updates.html</ref>. | ||
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* The decline in PPI was mainly attributed to the 1% drop in the prices of final demand goods<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | * The decline in PPI was mainly attributed to the 1% drop in the prices of final demand goods<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | ||
== References == | === References === | ||