🚨 After the U.S. Consumer Price Index (CPI) data released the day before yesterday, the Producer Price Index (PPI) figures have just come in — and they are higher than expected:

🔸 PPI (MoM): 0.9% (estimate 0.2%, previous 0%).

🔸 PPI (YoY): 3.3% (estimate 2.5%, previous 2.4%).

🔸 Core PPI (MoM): 0.9% (estimate 0.2%, previous 0%).

🔸 Core PPI (YoY): 3.7% (estimate 2.9%, previous 2.6%).