Year-over-year (Y/Y): PPI higher than expected due to insurance services
February PPI: +1.6% Y/Y, higher than estimate +1.2% and previous month's +1%.
Core PPI: +2% Y/Y, higher than estimate +1.9%, though down from previous month's +2%
MARKET DAILY
Market 03/14: PPI confirms persistent inflation - retail sales disappoint
February PPI higher than expected. February retail sales lower than expected - January sales also revised down.
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