🚨🆘 June PPI has been announced 🚨🆘
📌June PPI INCREASED to 2.6%, 2.3% higher than expected.
📌Core PPI INCREASED to 3.0%, 2.5% higher than expected.
US PPI rose slightly more than expected in June as higher service provider 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.
The above news is considered good for USD - Bad for Gold and #btc