U.S. June PPI up 5.5% year-on-year, below expectations; unexpectedly fell 0.3% month-on-month

Glonghui, July 15｜In June, the U.S. PPI increased by 5.5% year-on-year, lower than the expected 6.2% rise. The previous value was revised from a 6.5% increase to a 6% increase. On a month-on-month basis, it decreased by 0.3%, while the expectation was for no change. The previous figure was revised from a 1.1% increase to a 0.6% increase.