• Prior -0.2%
  • Ex-food, energy -0.1% vs +0.1% exp m/m. Prior 0.3%
  • 0.0% vs 0.3% exp y/y. Prior 1.1%
  • Ex-food, energy 1.6% vs 2.0% exp y/y. Prior 2.1%

Three guesses what took prices down the most?

Energy fell 10.3% vs -6.2% in Dec. Year on year it's down 22.2%

To highlight the energy falls here's the breakdown;

US PPI y/y