Global Economy Briefing — February 28, 2026

The Big Three 1 US core PPI exploded 0.8% MoM in January — nearly triple the 0.3% estimate and the hottest reading since July. Headline PPI rose 0.5% versus the 0.3% forecast, with services prices surging 0.8% led by a 14.4% spike in professional equipment wholesaling margins. Year-over-year core PPI accelerated to 3.6% from […]