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#USAugustPPIRisesLessThanExpected ๐บ๐ธ **U.S. August PPI: Wholesale Inflation Picks Up**
The U.S. Producer Price Index (PPI) rose **0.4% month-on-month in August**, matching market expectations, after a revised **0.1% increase in July**. On a yearly basis, producer prices accelerated to **5.4%**, up from **4.8% in July**.
๐น **Core PPI:** +0.2% MoM, softer than the 0.3% expected
๐น **Goods prices:** +1.1%
๐น **Services prices:** +0.1%
๐น **Energy prices:** +4.2%
๐น **Diesel prices:** surged 24.1%
@X mucaN @oldmanCrypto
@Cas Abbรฉ @Ramin RA @BTC_Fahmi @ParvezMayar @Eros crypto The data show that underlying producer-price pressures remain elevated, with energy costs providing a major boost. The report is particularly important for the **Federal Reserve**, as several PPI components feed into the Fedโs preferred **PCE inflation gauge**.
๐ **Market takeaway:** The softer core monthly reading offers some relief, but the sharp rise in headline inflation keeps the Fed under pressure to remain cautious on interest rates. Markets will now focus heavily on **August CPI data** for further clues on the Fedโs next move
#US #PPI #Inflation #FederalReserve #Fed #USD #Markets #Economy #Trading
#AugustPPI $BTC $SOL #USContinuingJoblessClaims1.774M #USAugustPPIYoYRisesTo5.4% #AppleDebutsFoldablePhone