Analyst: The U.S. March PPI data indicates that inflation may further cool down

ChainCatcher news, according to Jin10 data reports, Forexlive analyst Adam Button analyzed the U.S. March PPI, stating, "This is a welcome cooling, indicating that some anti-inflation is brewing, and with the recent decline in oil and commodity prices, there will be more cooling to come."

Energy prices fell by 4.0%, food prices decreased by 2.1%, and gasoline prices dropped by 11.1%, accounting for two-thirds of the decline in commodity prices.