US annual PPI inflation declines to 2.9% in January vs. 2.6% expected
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Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), declined to 2.9% on a yearly basis in January from 3% in December, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading came in above the market expectation of 2.6%. On a monthly basis, the PPI rose 0.5% following the 0.4% increase (revised from 0.5%) recorded in December. Other details of the report showed that the PPI ex Food & Energy was up 3.6% on a yearly basis in January, compared to the market forecast of 3%. Market reaction The US Dollar Index showed no immediate reaction to producer inflation figures and was last seen trading marginally higher on the day at 97.82. Source: https://www.fxstreet.com/news/us-annual-ppi-inflation-declines-to-29-in-january-vs-26-expected-202602271339
Filed under: News - @ February 27, 2026 2:30 pm