Ultima Markets[Market Hotspot] Rising Producer Prices in the United States, Fighting Inflation...

2024year2Month, US End Demand Producer Price Index (PPI) Monthly increase0.6%, recorded since last year8The largest increase since the beginning of the month, surpassing market valuations0.3%。

Affected by rising energy costs4.4%And the rise in food prices1.0% Pulling up, ultimately leading to a significant increase in commodity prices1.2%, reaching a new high in half a year. Meanwhile, the final service demand index has slightly increased 0.3%, the growth rate is lower than last month 0.5%Among them, the prices of transportation and warehousing services have increased 0.9%The prices of trade services have decreased0.3%。

In addition, excluding the core of high volatility projects such as food and energy PPIOn a monthly basis, the growth rate is 0.3%Higher than market expectations 0.2% Compared to previous values 0.5% There has been a slight decline. On a year-on-year basis, producer prices have increased from last month's 0.9% Quickly climb to 1.6%Beyond expectations 1.1%。

High inflation data weakens expectations for the Federal Reserve to cut interest rates, and the US dollar index rebounded on Thursday, breaking through103Reverse the sluggish trend of the previous trading day. Major USstock market indexLowering, S&P500The index and NASDAQ index both fell0.3%Dow Jones index loss136Point, end continuous3The sky is rising.

Real estate, utilities, and healthcare have performed poorly, becoming the weakest sectors. On the contrary, in thecrude oilPrice creation4Supported by a new high in the past month, the energy sector closed higher.

(PPI MoM%， United States Bureau of Labor Statistics)

(PPI YoY%The United States Bureau of Labor Statistics)

(Weekly chart of US dollar index)

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