#HotJulyPPI

In the US, the Producer Price Index (PPI) for final demand rose 0.9% in July, marking the largest monthly increase since previous results, with a growth of 3.3% over the past 12 months.

Core prices (excluding food, energy, and trade services) advanced 0.6%, the largest jump since March 2022.

About the figure below: it is a generic visualization of the monthly variation of the PPI (as shown by Trading Economics), which illustrates fluctuations well—especially recent declines followed by a recovery in July. Although it may not accurately reflect the values of the US, it serves as visual support.