The U.S economy released the latest index of the U.S import Price today, where the Index surged 0.4 percent in February, down from previous 0.3%, but up from revised flat reading and below median estimates of 0.6%.

While for the yearly basis, the U.S import Price Index gained 5.5 percent in the past month, below the prior estimates of 6.9 percent and slightly below median estimates of 5.8 percent.