US February's PI plummeted to -0.6%; lower than the forecasted -0.2% and the prior revised reading of 1.4% from 1.4%, while for the year ending February it fell to 4.4%, which is worse than the expected 4.9% and the prior reading of 4.6%.

Whereas the US PI Ex Food & Energy for February came in as expected at 0.1% from 0.3% and stayed unchanged as forecasted at 1.0% for the year ending February.