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The PPI data in February slowed down for the sixth consecutive month. The main factor dragging down the monthly data was again the decline in energy prices, which was 1.6%. If the energy price factor was excluded, the overall producer price actually rose by 0.2% in the month. This was helped by a 0.3 percent rise in capital goods, a 0.4 percent increase in consumer durables and a 0.6 percent increase in non-durable consumer goods, which were more than offset by a slight 0.1 percent decline in intermediate goods.
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