The annual inflation of the PPI program decreases to 3.2 % in February, compared to 3.3 %

• The product in the United States was enlarged in February.
• The US dollar index remains in a positive area above 103.50.

The data published by the US Labor Party office on Thursday showed that the PPI price index for the final demand in the United States increased by 3.2 % year on year in February. This reading followed the 3.7 % increase recorded in January and came to less than the market expectation by 3.3 %.

The annual basic product price index increased by 3.4 % in the same period, a decrease from 3.8 % in January. On a monthly basis, the product price index has not changed, while the primary product price index decreased by 0.1 %.

Market reaction

The US dollar index did not show any immediate reaction to this data, and the last time was seen at 0.25 % a day at 103.80.