US PPI rose 0.7% month-on-month in February, below the expected 0.3%.

The US February PPI rose 0.7% month-on-month, the largest increase since July 2025, exceeding expectations of 0.3% and the previous value of 0.50%. The US February PPI rose 3.4% year-on-year, a new high since February last year, exceeding expectations of 2.9% and the previous value of 2.90%. The US February core PPI rose 0.5% month-on-month, exceeding expectations of 0.30% and the previous value of 0.80%. The US February core PPI rose 3.9% year-on-year, exceeding expectations of 3.7% and the previous value of 3.60%. (Jinshi)