On March 18, Adam Button, an analyst at the US financial website InvestingLive, stated that this was the last undisturbed PPI data before the outbreak of war with Iran. He expects a significant jump in the US March PPI data, but this is not a good benchmark, as its year-on-year figure will be the highest since January 2025.
Earlier, the US PPI for February came in at 3.4% year-on-year, below market expectations of 2.9%, marking a new high since February last year, compared to 2.90% previously.
In addition, traders further reduced their bets on a Federal Reserve rate cut in 2026.





