by: xpoolPosted on:

U.S. Producer Prices Surge Past Expectations in July

The U.S. Producer Price Index (PPI) for July has exceeded market expectations, rising by a notable 3.3% year-over-year. This marks the highest annual increase since February and surpasses the anticipated 2.5%. Furthermore, the monthly PPI increased by a significant 0.9%, representing the largest jump since June 2022.

Related posts:

  1. US PPI Rises Slightly in May, Inflation Remains Tame
  2. PPI Rises in May, Impacting Crypto Markets
  3. U.S. PPI Falls Short of Expectations: Moderate Cost Increases Drive Decline
  4. US Core PPI Drop Fuels Crypto Rally Potential