---
title: In case you missed it... Just like Tuesday’s CPI, US PPI inflation came in significantly softer than consensus forecasts, across the board.
description: "Headline PPI moderated to 5.5% year-over-year (vs. 6.2% expected), driven by a -0.3% monthly decline (vs. 0.0% expected)\n\nThe core rate fell to 4.7% yoy (on a 0.2% monthly increase).\n\nThese much better-than-expected figures are set to further temper market expectations for upcoming interest rate hikes.\n\nSource: zerohedge"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [In case you missed it... Just like Tuesday’s CPI, US PPI inflation came in significantly softer than consensus forecasts, across the board.](https://blog.syzgroup.com/syz-the-moment/in-case-you-missed-it...-just-like-tuesdays-cpi-us-ppi-inflation-came-in-significantly-softer-than-consensus-forecasts-across-the-board)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 16, 2026, 3:43:05 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/in-case-you-missed-it...-just-like-tuesdays-cpi-us-ppi-inflation-came-in-significantly-softer-than-consensus-forecasts-across-the-board)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Charles-Henry Monchau, CFA, CMT, CAIA"
  },
  "dateModified" : "2026-07-16T15:43:05.903Z",
  "datePublished" : "2026-07-16T15:43:05Z",
  "headline" : "In case you missed it... Just like Tuesday’s CPI, US PPI inflation came in significantly softer than consensus forecasts, across the board.",
  "image" : {
    "@type" : "ImageObject",
    "height" : 825,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1784180273307.jpg",
    "width" : 800
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/syz-the-moment/in-case-you-missed-it...-just-like-tuesdays-cpi-us-ppi-inflation-came-in-significantly-softer-than-consensus-forecasts-across-the-board",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Syz The Moment"
  }
}
```