🚨BREAKING: July PPI inflation falls to 2.2%, below expectations of 2.3%.

Core PPI inflation falls to 2.4%, below expectations of 2.7%.

🟢JULY #PPI cooler than expected

+0.1% MoM vs +0.2% consensus vs +0.2% in June
+2.2% YoY vs +2.3% consensus vs +2.7% in June

#inflation #ppidata