Urgent: U.S. Producer Price Index numbers higher than expected.
• Headline Producer Price Index year-on-year: 3.3% (expected 2.5%, previous 2.3%)
• Core Producer Price Index year-on-year: 3.7% (expected 2.7%, previous 2.5%)
This unexpected rise in the Producer Price Index may indicate inflationary pressures, which could influence future monetary policy decisions and market expectations.
