Core Prices Fall Surprising Market

Producer Prices in the US (less the all important food and energy - which no on uses) fell 0.2% month-over-month - the biggest drop since July 2013 - and missing expectations of a 0.1% rise. This is only the third month of 'disinflation in the last 18 months. Perhaps even more relevant is the dramatic slowdown in prices for final demand services which dropped 0.3% (the biggest drop since May 2013) and equal slowest rise year-over-year since the 'recovery' began.

Read more: http://www.zerohedge.com/news/2014-03-14/core-inflation-drops-most-9-months