The US Producer Price Index (PPI) for December rose by 0.5% month-over-month, surpassing the anticipated 0.2% increase. On a year-over-year basis, the PPI climbed 3.0%, exceeding the expected 2.7% rise. This unexpected increase in producer prices may influence market expectations regarding inflation and monetary policy adjustments.
US December PPI Exceeds Expectations with 0.5% Monthly Increase
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