US wholesale inflation remained stable in February due to declining trade margins, however one measure of goods prices rose, casting doubt on the Federal Reserve’s preferred inflation gauge. The producer price index (PPI) remained unchanged from January, following a 0.6% increase in the previous month. Excluding food and energy, the PPI fell for the first time since July, suggesting stagnation in US producer prices.
Source: https://www.bloomberg.com/news/articles/2025-03-13/us-producer-price-index-stalls-on-decline-in-services-costs