PPI inflation February 2026:

Wholesale costs rose sharply in February, offering one other signal that inflation continues to percolate even aside from rising vitality costs.

The producer value index, a measure of pipeline prices that producers obtain for his or her merchandise, elevated a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding unstable meals and vitality prices, so-called core PPI elevated 0.5%. Excluding meals, vitality and commerce providers, PPI rose 0.5%.

Economists surveyed by Dow Jones had been in search of will increase of 0.3% for each measures.

For the all objects index, costs rose quicker than the 0.5% tempo in January. However, the core enhance was lower than the 0.8% for the earlier month.

On a 12-month foundation, PPI inflation was at 3.4%, essentially the most since February 2025, in accordance with the BLS. The Federal Reserve targets inflation at 2%.

The surge in PPI got here due largely to a 0.5% enhance in providers prices, one thing the Fed wouldn’t welcome. Policymakers have attributed a lot of the current run-up in inflation to tariffs, which might not present up as a lot on the providers finish. Goods costs rose 1.1% on the month.

Food costs rose 2.4% whereas vitality was up 2.3%. Within meals, the index for recent and dry greens rose 48.9%.

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