PANews reported on August 14 that the U.S. PPI annual rate was 3.3% in July, significantly exceeding market expectations of 2.5% and reaching its highest level since February. The U.S.PANews reported on August 14 that the U.S. PPI annual rate was 3.3% in July, significantly exceeding market expectations of 2.5% and reaching its highest level since February. The U.S.
US PPI beat expectations
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PANews reported on August 14 that the U.S. PPI annual rate was 3.3% in July, significantly exceeding market expectations of 2.5% and reaching its highest level since February. The U.S. PPI monthly rate in July was 0.9%, the largest increase since June 2022.
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