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.

국가통계국에 따르면 중국의 1월 소비자물가지수(CPI)는 전년 동기 대비 0.2% 상승했으나 시장 예상을 밑돌았다. 이는 4개월 연속 상승세지만 12월의 0.8% 상승보다 속도가 둔화된 것이다. 식품·에너지를 제외한 핵심 인플레이션은 소비 수요 회복 속에서 완만한 상승 추세를 보였다.

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필리핀 통계청은 2월 5일 필리핀의 2026년 1월 인플레이션이 2.0%로 상승했다고 발표했다. 이는 상품 가격이 연속 2개월째 상승한 것으로 2025년 12월의 1.8%에서 상승했다. 상승은 주택, 수도, 전기, 가스 및 기타 연료의 인플레이션 상승에서 비롯됐다.

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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