SMM7 March 10: today's focus on the June PPI annual rate in the United States.
In terms of data,
The annual rate of PPI in the United States in June is mainly used to measure the price changes of various commodities at different production stages. Like the consumer price index (CPI), it is usually used as an important indicator to observe the level of inflation.
The leading ECRI indicator for the week ending July 3 in the United States is a comprehensive indicator of the overall economic movement. It can earlier explain the economic development and the changes in the business cycle in the coming months, and is an important tool for investors to predict the direction of interest rates in the early stage. It is also one of the most important economic indicators to predict future economic development, which can predict the economic outlook of the United States.
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