List of Flash News about core PPI
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2025-06-12 12:33 |
US May Producer Price Index (PPI) Inflation Data Matches Expectations, Core PPI Softens: Implications for Crypto Markets
According to Stock Talk (@stocktalkweekly), the May US Producer Price Index (PPI) inflation data showed a year-over-year PPI of 2.6%, matching expectations, while the month-over-month figure was 0.1%, slightly below the 0.2% estimate. Core PPI, which excludes food and energy, came in at 3.0% year-over-year versus the 3.1% estimate, and 0.1% month-over-month compared to the 0.3% forecast. For crypto traders, these softer-than-expected inflation figures may ease concerns about aggressive Federal Reserve rate hikes, potentially supporting bullish sentiment for assets like BTC and ETH, as lower inflation can be favorable for risk assets. (Source: @stocktalkweekly, June 12, 2025) |