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UK CPI unchanged in February

The Consumer Prices Index (CPI) rose by 0.3% in the year to February 2016, unchanged from January 2016. Increase by 0.4% was forecasted. This maintains the position seen over the last few months of a rate which is a little above zero.The contributions to change in the CPI rate from the detailed categories were relatively small compared with most months.The largest downward contribution came from the transport sector, from price changes for items such as road passenger transport, second-hand cars and bicycles. Rising food prices, particularly for vegetables, offset this. Read more...

US PPI fell in line with market expectations

The Producer Price Index for final demand fell 0.2% in February, seasonally adjusted, in line with market expectations. Final demand prices advanced 0.1% in January and declined 0.2% in December. On an unadjusted basis, the final demand index was unchanged for the 12 months ended in February. The decrease in the final demand index in February can be traced to prices for final demand goods, which moved down 0.6%. The index for final demand services was unchanged.
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China's CPI rose by 2.3% in February

China’s consumer price rose the most since mid-2014 in February as food costs jumped amid the week-long Lunar New Year holidays, where millions binge on roast pork, duck, seafood and vegetables. The consumer-price index rose 2.3 percent in February from a year earlier, up from 1.8 percent in January, as food prices surged 7.3 percent. Raising question marks over the durability of that pickup, non-food prices moderated from a month earlier to a 1 percent increase and services inflation slowed. 
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US PPI rose by 0.1% in January

The Producer Price Index for final demand advanced 0.1% in January, seasonally adjusted, beating forecasts on 0.2% decrease. Final demand prices decreased 0.2% in December and advanced 0.4% in November. On an unadjusted basis, the final demand index declined 0.2% for the 12 months ended in January. 
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