Institution: US PPI data is lower than expected, but future inflation remains uncertain

ChainCatcher news, according to Jinshi reports, analysts from IGM stated that the U.S. December PPI inflation was far below expectations. The overall data rose 3.3% year-on-year, lower than the market consensus forecast of 3.5%, while the index excluding food and energy only rose 3.5% year-on-year, below the expected 3.8%.

This data is a positive signal for the Federal Reserve's next actions, but it does not necessarily mean that people will see weak CPI results in the coming months.