AI Data Insight
The US final demand PPI month-over-month growth rate for Q3 (July) 2026 came in at 0.0%. Although it rebounded from the previous reading of -0.3%, it fell short of the market expectation of 0.2%. A significant decline in energy and food prices was the main factor suppressing the data, with core inflation also slowing synchronously. This result further confirms the easing of supply chain price pressures, providing strong support for the Federal Reserve to stand pat in September.