The U.S. Bureau of Labor Statistics (BLS) released its July Producer Price Index (PPI) report on August 14, 2025, and the numbers came in scorching hot. - Headline PPI (MoM): +0.9% vs. +0.2% expected — largest monthly gain since June 2022 - Headline PPI (YoY): +3.3% vs. +2.5% expected - Core P