🚨 **Breaking News: US Producer Inflation Data Released!** 📉
Here's the latest on US inflation for July:
- **YoY Growth:**
- 🇺🇸 **PPI:** 2.2% (Est. 2.3%, Prev. 2.6%)
- 🇺🇸 **Core PPI:** 2.4% (Est. 2.7%, Prev. 3.0%)
- **MoM Growth:**
- 🇺🇸 **PPI:** 0.1% (Est. 0.2%, Prev. 0.2%)
- 🇺🇸 **Core PPI:** 0.0% (Est. 0.2%, Prev. 0.4%)
**Key Takeaway:** Producer Price Index (PPI) inflation has hit its lowest level since March 2024, signaling a potential shift in monetary policy. A rate cut in September is now on the horizon.
Stay tuned for more updates as market dynamics evolve! 📊
