February PPI and January Durable Goods......>

US DATA: February PPI and January Durable Goods

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- Headline PPI below expected +0.1% vs +0.2% forecast by BBG and MNI

- Core PPI also below expected +0.1% vs +0.2% BBG and MNI

- Durable goods orders +0.4% in Jan vs -0.4% BBG and -0.5% MNI, as 

aircraft orders rose instead of the expected decline

- Energy prices +1.8%, but food prices -0.3%, trade services -0.4%

- Y/Y rates: headline PPI +1.9% vs Jan +2.0%, core +2.5% vs Jan +2.6%

- Personal consumption prices +0.1%, ex-food, energy flat

- Durables orders ex. transport -0.1% vs +0.1% expected by BBG and MNI, 

with components mixed 

- There were upward revisions to the headline December orders data 

- Nondefense capital goods new orders +2.5%, ex. aircraft +0.8%

- Nondefense capital goods shipments -1.6%, ex. aircraft +0.8%