🚨 Summary of June PPI news
📌PPI inflation in June INCREASED to 2.6%, higher than expectation of 2.3%.
📌Core PPI inflation INCREASED to 3.0%, higher than expectation of 2.5%.
📌PPI inflation has now increased 4 of the past 5 months, even as CPI is falling.
US PPI rose slightly more than expected in June as higher carrier margins more than offset falling commodity costs. Export (PPI) increased by 0.2% over the previous month and 2.6% over the same period last year.
Summary: Good news for USD - Bad for Gold - BTC
Please cancel Limit sell.
