<p>In August, the US PPI increased by 1.7% year-on-year, in line with expectations, with a previous value of 2.2%; the US core PPI in August increased by 2.4% year-on-year, consistent with expectations and the previous value; however, the US PPI increased by 0.2% month-on-month in August, while the US core PPI increased by 0.3% month-on-month, both growth rates higher than expected, due to rising service costs. However, after the release of these data, there was little change in stock index futures and US Treasury yields, as investors continue to bet that the Federal Reserve will cut interest rates by 25 basis points at next week's meeting</p>

<p>U.S. PPI increased by 1.7% year-on-year in August, meeting expectations, with a previous value of 2.2%; core PPI increased by 2.4% year-on-year, in line with expectations. On a month-on-month basis, PPI increased by 0.2%, while core PPI increased by 0.3%, both higher than expected, mainly due to rising service costs. Despite little change in stock index futures and U.S. Treasury yields after the data was released, investors are still betting that the Federal Reserve will cut interest rates by 25 basis points at the meeting next week</p>

US August PPI Flash Estimate