U.S. producer prices were unexpectedly unchanged in February, but the cooling trend is unlikely to be sustained as tariffs on imports are expected to raise prices of goods in the coming months. The unchanged reading in the producer price index for final demand last month followed an upwardly revised 0.

WASHINGTON] US producer inflation was flat in February, defying expectations of an uptick as President Donald Trump’s tariff hikes targeting Chinese goods took effect – although there was a pick-up in goods costs,