AI Data Insight
In Q2 2026, the US Core Consumer Goods PPI (seasonally adjusted) rose to 296.229, continuing its upward trend from 295.479 in the previous period, highlighting the persistent resilience of core production-side prices. Driven by the Iran conflict and surging logistics costs, the US macroeconomic core PPI recorded its largest increase since 2022, far exceeding market consensus. The market expects that persistently high costs will force the Federal Reserve to delay interest rate cuts, posing a severe test for future corporate profits and risk assets.