by: xpoolPosted on:

US Producer Price Index Jumps 3.3%, Reaches New All-Time High

The U.S. Producer Price Index (PPI) surged in July, exceeding expectations and signaling a continued inflationary trend. The index rose 3.3% year-over-year in July, significantly outpacing the Federal Reserve’s 2% target, prompting renewed concerns about inflation’s impact on financial markets.

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