PPI Final Demand YoY 1.9% vs 1.9%.
The US PPI final demand for February came in at 1.9% year on year and +0.1% month on month (vs 0.2% est).
- Ex food and energy, 0.1% vs 0.2% est. YoY 2.5% vs 2.6% est and 2.6% last
- Ex food and energy and trade, 0.1% vs 0.2% est. YoY 2.3% vs 2.5% last
- intermediate services -0.1%
- construction -0.1%
- Unprocessed goods -4.6%, Ex food/energy -0.7%
- processed goods, +0.4%, excluding food/energy +0.1%
The numbers are tilting a smidge to the downside but not from expecations.
