Macro· ★★★★· bearish·

US September PPI jumps 1.3% MoM, biggest since 2022; annual rate hits 6.3%

  • —PPI up 1.3% MoM vs 0.5–0.6% expected, the biggest jump since March 2022
  • —Annual PPI at 6.3% vs 5.4% forecast; prior revised up to 5.6%
  • —Core PPI: +0.7% MoM and +5.0% YoY vs 0.3% and 4.4% expected
  • —Energy prices surged 10.8%, goods prices rose 2.6%
Why it matters: A second hot inflation print in two days strengthens the case for Fed tightening and pressures bitcoin and risk assets.
Source: 動區 BlockTempo