AI Data Insight
In Q2 2026 (June), the US core consumer goods PPI (excluding food and energy) reached 297.001, a slight increase of about 0.26% from the previous value of 296.229. Although core prices demonstrated resilience, driven by a plunge in gasoline and energy prices, the overall PPI unexpectedly fell by 0.3% month-on-month, lower than market expectations. As inflation pressures show broad relief, the market is accelerating the pricing of the Federal Reserve's short-term rate cut path.