The Producer Price Index (PPI) is an important indicator that measures changes in prices at the production stage. The market generally follows this data because it has a certain predictive effect on the Consumer Price Index (CPI). If the PPI data is higher than expected, it may indicate a rise in production costs, and companies may pass these costs on to consumers, thereby pushing up the CPI. Conversely, if the PPI is lower than expected, it may reflect lower production costs for companies and less pressure for the CPI to rise. Investors usually follow the impact of PPI data on inflation prospects, especially in the context of Central Bank tightening policies.

If PPI data shows high inflationary pressure, the market may expect the Central Bank to continue raising interest rates, which may put pressure on the stock market, especially high valuation sectors. The bond market may face selling pressure due to expectations of rising interest rates. In the commodity market, rising production costs may drive up commodity prices, especially raw materials. Conversely, lower-than-expected PPI data may trigger optimism in the market about a slowdown in inflation, leading to short-term pumps in the stock and bond markets. #BTC横盘震荡，还能破$10万吗？