#HotJulyPPI

Here’s the full scoop on #HotJulyPPI—the Producer Price Index (PPI) data for July 2025, which turned out to be notably “hot”:

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Key Takeaways from the July 2025 PPI Report

Headline PPI (Final Demand) rose 0.9% month-over-month, a sharp surprise above the ~0.2% forecast and the biggest monthly increase since June 2022 .

On an annual basis, PPI climbed 3.3%, marking the largest 12-month gain since February 2025 .

Core PPI (excluding food and energy) also jumped 0.9% for the month and is up 3.7% year-over-year, high above expectations .