Wu Blockchain (@WuBlockchain): U.S. July PPI annual rate was 3.3%, exceeding expectations of 2.5%, with the previous value revised from 2.3% to 2.4%. This significantly surpassed th…
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U.S. July PPI annual rate was 3.3%, exceeding expectations of 2.5%, with the previous value revised from 2.3% to 2.4%. This significantly surpassed the market's expected 2.5%, marking the highest level since February. The U.S. July PPI monthly rate was 0.9%, the largest increase since June 2022.