【环球财经】美国7月PPI环比增速触及三年以来最高水平

Core Insights - The U.S. Producer Price Index (PPI) for July increased by 0.9% month-over-month, marking the highest growth rate in three years, driven by soaring service costs [1] - Year-over-year, the PPI rose by 3.3%, significantly exceeding market expectations of 2.5%, and reaching its highest level since February [1] - Core PPI, excluding food, energy, and trade services, increased by 0.6% from June and 2.8% year-over-year [1] Service Costs - Service costs surged by 1.1%, representing the largest increase since March 2022, indicating that U.S. businesses have not absorbed the higher import costs associated with tariffs [1] - Despite a slowdown in demand during the first half of the year, companies are adjusting the pricing of goods and services to offset the costs imposed by higher tariffs [1] Market Reactions - Following the release of the data, traders reduced their bets on the Federal Reserve lowering interest rates in September [1]