AI Data Insight
The US non-seasonally adjusted PPI for Q3 2026 (September) reached 159.613, a significant increase of approximately 1.27% from the previous value of 157.604, far exceeding market expectations of a 0.5% monthly increase. The surge in energy prices triggered by Middle East geopolitics was the main driver, which not only exacerbated market concerns about a resurgence of inflation but also significantly increased the probability of the Federal Reserve (Fed) hiking interest rates again before the end of the year.