AI Data Insight
The newly released 2026 Q2 (May) US unadjusted core finished goods PPI rose to 269.032, an increase of about 0.15% MoM, showing a milder trend compared to surging energy prices. Although the external market broad core PPI YoY increase of 4.9% was below consensus expectations, indicating hindered cost pass-through, the oil price shock triggered by Middle East geopolitics still poses a potential threat to short- to medium-term price transmission.