Price increases in the USA are slowing down

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Price increases in the USA are slowing down
Photo: Gene J. Puskar/AP/TT

The annual price increase rate in the producer sector in the USA landed at 3.2 percent in February, according to official statistics. In January, the corresponding increase rate was 3.5 percent.

The economists had calculated price increases of 3.3 percent.

The price increases among producers usually affect the inflation in the consumer sector (CPI) with some delay. On Wednesday, new CPI figures were released, showing decreasing inflation.

Next week, the Federal Reserve (the USA's central bank) will issue a new interest rate decision, but the average forecast is for an unchanged key interest rate.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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