Organization: U.S. PPI data is lower than expected, but there are still variables in future inflation situations
According to Jinshi reports, IGM analysts stated that the US PPI inflation in December was far lower than expected. The overall data rose by 3.3% year-on-year, which is lower than the market consensus forecast of 3.5%. The index excluding food and energy only increased by 3.5%, which is lower than the expected 3.8%.
These figures are a positive signal for the next actions of the Federal Reserve, but it does not necessarily mean that people will see weak CPI results in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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