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U.S. July PPI data exceeded expectations, with the annual rate reaching a six-month high.
[Chain News] PANews, August 14 - The U.S. July PPI year-on-year rate is 3.3%, significantly exceeding the market expectation of 2.5%, marking the highest level since February. The U.S. July PPI month-on-month rate recorded 0.9%, the largest increase since June 2022.