US PPI rises 0.1% from the previous month in July - growth falls short of market expectations

Updated on 2024/8/13 at 11:48 JST
The rice producer price index (PPI) for July only grew below market expectations. An easing of inflationary pressure continued to be shown.
PPI rose 0.1% from the previous month
The median economist forecast compiled by Bloomberg rose 0.2%
2.2% increase compared to the same month last year
Market expectations are up 2.3%

Core PPI excluding food and energy, which fluctuates greatly, remained flat compared to the previous month (market forecast 0.2% increase). It was a 2.4% increase (2.6% increase) compared to the same month last year.