Producer Prices Rose 0.2% in February

Producer prices increased 0.2% in February, seasonally adjusted, after rising 0.4% in January, according to the U.S. Bureau of Labor Statistics. Producer prices rose 2.8% for the twelve months ended February 2017.

The index for final demand goods fell 0.1% in February, after increasing 0.7% last month. The index for final demand energy slipped 0.5%, while prices for final demand goods less foods and energy grew 0.2%.

Prices for final demand services increased 0.3%. Prices for final demand transportation and warehousing grew 0.9% in February after increasing 0.4% in January. Prices for final demand trade fell 0.2%.

Read the BLS release.

About Stephen Newton

Stephen Newton is an economic research associate at ABA.
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