PPI runs hot, Housing starts awful (I say that?s good)

Feb headline PPI rose 1.6% m/o/m, well above estimates of .7% and brings the y/o/y rise to 5.6%. The core rate rose .2%, in line with forecasts and is now a y/o/y gain of 1.8%, the highest since Aug ’09. Energy prices rose 3.3% m/o/m and food was up by 3.9%, bringing the y/o/y gains [...]

Christina Applegate Shana Hiatt Tara Conner Drea de Matteo Trista Rehn