US PPI Final Demand Flat MoM, Slightly Below Expectations

US Producer Price Index (PPI) data for June showed no month-over-month change at 0.0%, below the 0.2% estimate, and a year-over-year increase of 2.3%, slightly below the 2.5% forecast. Core PPI also came in lower than expected. Despite the softer inflation signals, US stock markets responded positively to the data. The report details price changes across goods and services, with some categories rising and others falling, indicating mixed inflation pressures.