Economy

I annualize everything for comparisons to each other and to the 2% Federal Reserve inflation goal

One month increase (month-over-month) (annualized)
. . REGULAR CORE MONTH
PPI 8.5%    6.5% FEB (PPI = wholesale prices)
CPI 3.2%    2.6% FEB
PCE 3.3%    4.4% JAN
GOAL 2.0%   2.0%

Average increase over last 3 months (annualized):
. . REGULAR CORE MONTH
PPI 6.6%    4.5% FEB (PPI = wholesale prices)
CPI 3.0%    3.0% FEB
PCE 3.5%    3.7% JAN
GOAL 2.0%   2.0%

The above really puts in perspective how hot Wednesday's PPI report is (March 18). They are all bad, but the PPI is at a special level of bad.

The PPI Core is the regular PPI but without food, energy, and trade services

All 3 inflation sets of graphs (PPI, PCE, CPI) are at the top of my journal, one right after the other
both regular and core measures
https://www.democraticunderground.com/~progree
The links to the data are in those posts

They show that inflation is RISING. It is not "easing", nor is it just "sticky".

NOTE: the PCE graphs (and the table line for it) are for JANUARY, which is the latest PCE report to date.
The CPI and PPI (wholesale prices) are for February

All of this of course is before the US/Israeli attack on Iran on February 28.