Russia Producer Price Index (YoY) declined to -5.2% in February from previous -5%

Mar 18, 2026

Russia Producer Price Index (MoM) climbed from previous -2.5% to 0.5% in February

GBP/USD slips as hot US PPI fuels Fed hawkish repricing

The GBP/USD fell 0.21% on Wednesday following the release of a hot US inflation report, prompting investors to cut their dovish bets on the Federal Reserve. At the time of writing, the pair trades at around 1.3320.