Here’s a short post you can use:
📊 U.S. July PPI Surpasses Market Expectations
The U.S. Producer Price Index (PPI) for July jumped 3.3% year-over-year, much higher than the market forecast of 2.5%. On a monthly basis, PPI rose 0.9%, the biggest increase since June.
🔥 This signals rising production costs, which could impact inflation trends and future Fed decisions.