Major U.S. price-related economic indicators released on consecutive days on August 13 and 14 (Korean time) are drawing the attention of financial markets.

First, the July Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics on the 13th (Korean time) showed a trend in line with market expectations. The July CPI rose 3.4% year-on-year, a slight deceleration compared to June's 3.5%. The core CPI, which excludes volatile food and energy, also rose 2.5%, falling short of June's 2.6% increase.

Subsequently, the July Producer Price Index (PPI) released on the 14th rose 4.7% year-on-year. The core PPI, excluding food and energy, also increased by 4.7%. The PPI is an indicator that shows changes in the prices producers receive when selling goods and services. As it reflects price movements at the production stage, it is considered one of the key price indicators for gauging future consumer price trends and the trajectory of corporate cost burdens.

With the PPI released in succession following the CPI, the market is expected to closely monitor the future U.S. price trends and the Federal Reserve's (Fed) monetary policy direction based on these figures.