Worawith Ounpeng/iStock via Getty ImagesPPI) The Producer Price Index is a price index calculated to measure the average change in prices received by producers over a period of time.” data-id=”2208911029″ data-type=”getty-image” width=”1536″ height=”1024″ srcset=”https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w240 240w” sizes=”(max-width: 767px) calc(100vw – 36px), (max-width: 1023px) calc(100vw – 132px), (max-width: 1199px) calc(100vw – 666px), (max-width: 1307px) calc(100vw – 708px), 600px” fetchpriority=”high”>
By Jennifer Nash
The latest report on the Producer Price Index (PPI) shows that wholesale inflation for final demand increased by 0.7% in February. This uptick was higher than the expected 0.3% growth and follows a 0.5% increase in January. On