PANews reported on September 10th that according to Jinshi, the U.S. producer price index unexpectedly fell in August, the first decline in four months, further strengthening the case for the Federal Reserve to cut interest rates. According to a report released by the U.S. Bureau of Labor Statistics on Wednesday, the Producer Price Index (PPI) fell 0.1% month-over-month, with July's data revised downward. Year-over-year, the PPI rose 2.6%. The report showed that despite Trump's tariffs pushing up business costs, businesses avoided significant price increases last month. While the decline followed a sharp increase in July, many businesses are concerned that significant price increases could scare off customers amid ongoing economic uncertainty affecting consumer decisions. Prices of goods excluding food and energy rose 0.3%, while the cost of services fell 0.2%. In the services sector, profit margins for wholesalers and retailers fell 1.7%, the largest drop in over a year. Profit margins have fluctuated significantly from month to month this year, highlighting the uncertainty surrounding the impact of trade policy on prices and demand.
Unexpected decline in U.S. PPI in August strengthens case for Fed rate cut
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.





Ethereum's turbulent decade
Ten years have passed since the creation of Ethereum. Where is the "world computer" headed? This special feature will feature selected articles reviewing Ethereum's turbulent decade of rise, challenges, and breakthroughs.

PAData: Web3 in Data
Data analysis and visual communication of industry hot spots help users understand the meaning and opportunities behind each data.

Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights

AI Agent: The Journey to Web3 Intelligence
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together

Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?

Real-time tracking of Bybit attack
Bybit suffered a security incident, and funds worth $1.44 billion were withdrawn. A North Korean hacker group was accused of being the perpetrator.