Wholesale inflation increases 0.5% in January

The Producer Price Index report indicates that wholesale inflation for final demand rose by 0.5% in January. This figure exceeded economists' expectations of 0.3% growth and followed a 0.4% increase in December. Core PPI, excluding food and energy, climbed 0.8% during the month.

The Bureau of Labor Statistics released the latest Producer Price Index data, showing a 0.5% rise in wholesale inflation for final demand in January. This marked an acceleration from December's 0.4% gain and surpassed forecasts of 0.3%.

Core PPI, which strips out volatile food and energy prices, increased by 0.8% in January, up from 0.6% the previous month. In contrast, the PPI for finished goods declined by 0.8% month-over-month, a sharper drop than the -0.1% seen in December.

These figures provide insight into early-stage price pressures in the U.S. economy. The report, authored by Jennifer Nash, was published on February 27, 2026.

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News illustration of steady U.S. February CPI data at 2.4% amid expected oil price surges from geopolitical tensions.
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February CPI holds steady above Fed's target

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The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for February 2026 rose 0.3% month-over-month and remained at 2.4% year-over-year, matching economist expectations. Core CPI, excluding food and energy, increased 0.2% monthly and stayed at 2.5% annually. While inflation showed stability before the recent U.S.-Israel-Iran war, surging oil prices are expected to push future readings higher.

China's consumer price index rose 0.2 percent year on year in January, missing market expectations, according to the National Bureau of Statistics. This marked the fourth consecutive monthly increase, though at a slower pace than December's 0.8 percent rise. Core inflation, excluding food and energy, showed a moderate upward trend amid recovering consumer demand.

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Inflation in the Philippines rose to 2.0% in January 2026, marking the second consecutive month of rising prices for goods, according to the Philippine Statistics Authority on February 5. This was up from 1.8% in December 2025. The increase stemmed from higher inflation in housing, water, electricity, gas, and other fuels.

Colombia's January inflation hit 1.18% monthly, exceeding historical averages and highlighting the broad impact of the minimum wage increase on the IPC basket. The services component drove the uptick, with an annual variation of 6.33%. This breaks two months of moderation, pushing annual inflation to 5.35%.

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Consultancy firm Empiria reported that in February 2026, the poorest 10% of households faced 3.3% inflation, compared to 2.9% for the richest 10%. The gap stems from the heavier weight of food and housing in low-income baskets. INDEC confirmed a general monthly inflation rate of 2.9%.

CORE Indonesia projects March 2026 annual inflation at 3.5-3.6 percent, down from February's 4.76 percent. The forecast reflects a low-base effect from electricity tariffs, though Lebaran and non-subsidized fuel prices may push monthly inflation higher. Official BPS data is due on April 1, 2026.

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Economy Minister Luis Caputo projected that March inflation will exceed 3%, driven by oil impacts and educational seasonality. The official INDEC data will be released on Tuesday, April 14, at 4 p.m. Caputo assured that disinflation and economic growth will begin from April.

 

 

 

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