#美国7月PPI年率高于预期 Negative news 8888🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧 The data released by the U.S. Bureau of Labor Statistics on August 14 shows that the Producer Price Index (PPI) in the U.S. increased significantly in July, far exceeding expectations.
In July, the PPI rose by 0.9% month-on-month, marking the largest increase in nearly three years, while the market had expected an increase of 0.2% and the previous value was 0%. Year-on-year, the overall PPI increased by 3.3%, the largest 12-month increase since February, which is well above the Federal Reserve's 2% inflation target.
Excluding food and energy prices, the core PPI rose by 0.9% month-on-month, with expectations at 0.3% and the previous value at 0%. Year-on-year, the core PPI increased by 3.7%, higher than the expected 2.9% and the previous value of 2.6%.
Inflation in the service sector is the main factor driving the increase in PPI, rising by 1.1% in July, the largest increase since March 2022, with trade service profit margins climbing by 2%. In terms of commodity prices, there was a 0.7% increase in July, the largest increase since January of this year, primarily driven by the prices of vegetables, meat, and eggs.
