Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month. The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts,

Core wholesale prices, which exclude volatile food and energy costs, declined by 0.1 per cent from January—marking the first monthly decrease since July. On a yearly basis, core prices rose 3.4 per cent, down from 3.8 per cent in January, indicating a gradual cooling of inflationary pressures.

NEW DELHI (Reuters) -India's wholesale inflation in February rose to 2.38% year-on-year, from 2.31% in January on higher prices of some vegetables and fruits, government data released on Monday showed. The wholesale inflation, a proxy for producer prices, was higher than the 2.36% projected by economists in a Reuters poll.