AI Data Insight
The latest US final demand PPI for Q3 2026 reached a month-over-month increase of 0.4%, a significant rebound from the previous value of 0.0%, meeting market consensus. This rebound was primarily driven by a surge in energy prices, such as diesel, pushing the year-over-year growth rate to a high level of 5.4%, although the core PPI was slightly below expectations. On the eve of the September FOMC meeting, this data has exacerbated market wait-and-see sentiment and volatility regarding the Federal Reserve's interest rate path.