AI Data Insight
The US non-seasonally adjusted final demand goods PPI for June 2026 (Q2 2026) fell to 158.276, dropping significantly by 1.74% from the previous month and ending the prior strong upward trend. This data cooling primarily benefited from the sharp plunge in gasoline and energy prices, which drove a synchronized convergence in intermediate demand costs. With upstream inflationary pressures easing significantly, the market has sharply scaled back bets on a near-term Federal Reserve rate hike, adding confidence to the subsequent monetary easing path.