Price pressures in the U.S. services sector moderated in February, as the ISM Non-Manufacturing Prices Index slipped to 63.0 from 66.6 recorded in January 2026. The latest reading, updated on 4 March 2026, points to a still-elevated but easing pace of price increases within the services side of the economy.
While any value above the 50-point threshold typically signals rising prices, the decline from January suggests that cost pressures facing service providers may be cooling somewhat. This shift will be closely watched by investors and policymakers who monitor the services sector as a key driver of underlying inflation dynamics in the United States.
The February reading, though lower than the prior month, remains at a level consistent with continued price growth, indicating that inflationary impulses from the services sector have not disappeared but may be losing some momentum compared with the start of the year.