U.S. Producer Price Index Rose 2.6% YoY Slightly Below Market Expectations

The US Producer Price Index (PPI) for final demand rose to 2.6% year-over-year, slightly below market expectations. Core PPI, excluding volatile food and energy components, came in at 3.0%, also under the anticipated 3.1%. These figures suggest inflationary pressures at the producer level are moderating, potentially influencing expectations for Federal Reserve policy. Implications of Moderating [...]The post U.S. Producer Price Index Rose 2.6% YoY Slightly Below Market Expectations appeared first on Tekedia.

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