U.S. PPI Report: Inflation Remains Sticky

 

🚨 U.S. PPI Report: Inflation Remains Sticky 🚨

The Producer Price Index (PPI) rose 0.4% in January, exceeding expectations and signaling persistent inflation. Over the past year, PPI increased 3.5%, with core PPI (excluding food, energy, and trade services) up 3.4% YoY.

🔹 Goods prices rose 0.6%, driven by a 1.7% jump in energy and 1.1% increase in food. Diesel fuel surged 10.4%, while fresh vegetables dropped 22.3%.
🔹 Services prices climbed 0.3%, marking the 6th straight monthly increase. Hospitality and transportation costs were the main drivers.

📈 This hotter-than-expected inflation print makes it less likely the Fed will cut rates soon. Markets are adjusting expectations—are you?

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