AI Data Insight
The seasonally adjusted US core PPI for Q3 2026 reached 154.45, a mild increase from the previous Q2 value of 153.996, with the growth largely in line with market consensus. Driven by a plunge in energy prices such as gasoline, overall inflation pressure on the production side has eased significantly, but service sector costs, such as portfolio management, remain sticky. With the inflation cooling signal confirmed, the market expects the pressure on the Federal Reserve to hike interest rates to further decrease.