US: Producer prices to post a modest 0.1% m/m gain in February - TDS

Research Team at TDS suggests that the market expects US February producer prices to post a modest 0.1% m/m gain due in part to the headwind created by lower energy prices.

Key Quotes

“Ex-energy producer prices should be slightly stronger at 0.2% m/m.”

“NFIB Small Business Sentiment is expected by the market to edge lower in February to 105.6 from the post-election high of 105.9.”