US annual PPI inflation rises to 2.6% in June vs. 2.3% expected
Source Fxstreet
- Producer inflation in the US rose at a stronger pace than expected in June.
- US Dollar Index stays below 104.50 following the PPI data.
The Producer Price Index (PPI) for final demand in the US rose 2.6% on a yearly basis in June, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed the 2.2% increase recorded in May and came in above the market expectation of 2.3%.
The annual core PPI rose 3% in the same period, coming in above April's increase and the market expectation of 2.3% and 2.5%, respectively. On a monthly basis, the PPI increased 0.2%, while the core PPI rose 0.4%.
Market reaction
The US Dollar Index edged slightly higher with the immediate reaction to the producer inflation data and was last seen losing 0.12% on the day at 104.37.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Metaplanet added another 797 BTC to its treasury.
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
Affected by the continuous escalation of geopolitical tensions in the Middle East, Brent crude ( UKOIL) broke back above the psychological $100-per-barrel threshold after two months, as m
WTI holds losses around $82.50 on renewed US-Iran diplomatic hopesWest Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following renewed hopes for a diplomatic solution to the US-Iran conflict.
West Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following renewed hopes for a diplomatic solution to the US-Iran conflict.
