Producer Price Index Up One Point in February

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The producer price index increased 1 point to 201.6 in February. It is up 5.8 points (3%) from February 2011 and a massive 20.6 points (11.4%) over February 2010. The index is still below the pre-recession peak of 205.5 in July 2008 and post-recession peak of 204.6 reached in July 2011. The past few months of stable PPI indicate that the production side of the economy has stabilized.

–From the St. Louis Federal Reserve

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