U.S. August PPI Falls to 2.6%, Lowest Since June
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BTCCSquare news:
U.S. producer inflation cooled more than expected in August, with the Producer Price Index rising just 2.6% year-over-year—the slowest pace since June and below the 3.3% consensus forecast. The deceleration from July's 3.3% print suggests easing cost pressures at the wholesale level, potentially signaling broader disinflationary trends.
Markets are likely to interpret the softer PPI data as reducing pressure on the Federal Reserve to maintain restrictive monetary policy. The reading aligns with recent CPI trends showing moderating inflation, though policymakers remain vigilant for signs of persistent price pressures.
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