Japan's Producer Price Index (PPI) for February showed a year-on-year increase of 0.6%, surpassing the expected 0.5% and the previous 0.2%. The month-on-month PPI also rose by 0.2%, exceeding the estimated 0.1% and the previous 0%. In the U.S., the PPI for February saw a monthly increase of 0.6%, higher than the anticipated 0.3% and the prior 0.3%. The yearly U.S. PPI rose by 1.6%, surpassing the expected 1.1% and the previous 0.9%. The core PPI in the U.S. for February increased by 0.3% monthly, below the expected 0.2% but above the previous 0.5%. Annually, the U.S. core PPI remained steady at 2.0%, matching the previous figure and surpassing the estimated 1.9%.
U.S PPI (MOM) (FEB) ACTUAL: 0.6% VS 0.3% PREVIOUS; EST 0.3% U.S PPI (YOY) (FEB) ACTUAL: 1.6% VS 0.9% PREVIOUS; EST 1.1%
❖ U.S CORE PPI (MOM) (FEB) ACTUAL: 0.3% VS 0.5% PREVIOUS; EST 0.2% ❖ U.S CORE PPI (YOY) (FEB) ACTUAL: 2.0% VS 2.0% PREVIOUS; EST 1.9%
❖ U.S PPI (MOM) (FEB) ACTUAL: 0.6% VS 0.3% PREVIOUS; EST 0.3% ❖ U.S PPI (YOY) (FEB) ACTUAL: 1.6% VS 0.9% PREVIOUS; EST 1.1%
🇯🇵 PPI YoY (Feb) Actual: 0.6% Expected: 0.5% Previous: 0.2% https://t.co/g3uxanowwY
🇯🇵 PPI MoM (Feb) Actual: 0.2% Expected: 0.1% Previous: 0% https://t.co/g3uxanowwY
JAPAN (FEB) PPI (MOM) ACTUAL: 0.2% VS 0.0% PREVIOUS; EST 0.1%