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“The Producer Price Index for final demand edged up 0.1 percent in February, seasonally  adjusted,” the U.S. Bureau of Labor Statistics announced today  and added: “Final demand prices fell 0.1 percent  in both January and December. (See table A.) On an unadjusted basis, the final demand index  moved up 1.9 percent for the 12 months ended in February.”  

Key takeaways from the press release

  • The index for final demand less foods, energy, and trade services inched up 0.1 percent in  February following a 0.2-percent advance in January.
  • For the 12 months ended in February,  prices for final demand less foods, energy, and trade services climbed 2.3 percent.