July’s Industrial Product Price Index rose 0.6% m/m and 12.4% y/y, indicating renewed upward pressure in producer prices. In contrast, the Raw Materials Price Index fell 2.2% m/m but still increased 18.1% y/y, suggesting near-term cooling while elevated input costs persist.
July’s Industrial Product Price Index rose 0.6% m/m and 12.4% y/y, indicating renewed upward pressure in producer prices. In contrast, the Raw Materials Price Index fell 2.2% m/m but still increased 18.1% y/y, suggesting near-term cooling while elevated input costs persist.
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neutral
Sentiment Score
-0.05