AI Data Insight
The US final demand PPI month-over-month growth rate for April 2026 was reported at 1.1%. Although slightly lower than the previous value of 1.4%, it still significantly exceeded market expectations. Driven by soaring energy prices triggered by Middle East geopolitics and surging logistics costs, price pressures at the wholesale level remain stubbornly high. The stickiness of inflation not only diminishes the likelihood of near-term rate cuts by the Federal Reserve, but also keeps the market on high alert for "stagflation" risks in the second half of the year.