Probably the most interesting economic report of those released last week was the January report on the Producer Price Index from the Bureau of Labor Statistics, which showed the headline producer price index for final demand had fallen by a seasonally adjusted 0.8% for the month, after falling 0.2% in both November and December, and which left year over year wholesale inflation unchanged.  Both the monthly decrease and the year over year change were the greatest drop that this new PPI index has ever shown in the two years