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US wholesale inflation hits one-year high adding to inflationary concerns
US wholesale inflation accelerated to its highest level in a year in February, adding to concerns that price pressures remained high even before the Iran war began. Data released by the US Labor Department on Wednesday showed the producer-price index (PPI) rose 0.7% month-on-month, up from 0.5% in January and well above economists’ expectations of a 0.3% increase. On an annual basis, PPI climbed to 3.4%, against an expected 2.9%, marking its highest level since February 2025 Core PPI, which excludes food and energy, rose 0.5% in February compared with forecasts of a 0.3% increase. On a yearly basis, core wholesale ... (full story)
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The Fool
Mar 18, 2026 12:44pm
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The Producer Price Index for final demand increased 0.7 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in January and 0.4 percent in December 2025. (See table A.) On an unadjusted basis, the index for final demand rose 3.4 percent for the 12 months ended in February, the ...
From vtmarkets.com | Mar 18, 2026
Gold (XAU/USD) fell more than 2.20% on Wednesday, trading at $4,878 after a daily high of $5,016. It dropped below the 50-day Simple Moving Average at $4,961 as US yields rose and inflation data reduced expectations of rate cuts. The US Dollar Index rose 0.29% to 99.84, alongside higher oil prices. Israel reported an attack on Iran’s Pars gas field ...
A senior Israeli official: The Israeli Air Force struck the largest natural gas processing facility in Iran, located in the southwest of the country. The strike was carried out in coordination with and with the approval of the U.S.
