US June PPI increased by 2.6% year-on-year, exceeding expectations
Recently, data released by the US Bureau of Labor Statistics showed that the Producer Price Index (PPI) in June rose by 2.6% year-on-year, reaching its highest level since March 2023, with an expected value of 2.3%, compared to the previous value of 2.2%; The PPI in June increased by 0.2% month on month, with an expected increase of 0.1%, compared to the previous value of -0.2%. Excluding the food and energy categories with significant fluctuations, the core PPI in May increased by 3% year-on-year, with an expected 2.5% increase; 0.4% month on month increase, expected to be 0.2%
