US Edition
Wholesale inflation measure was unchanged in June
UNITED STATES, JUL 16 – Wholesale inflation in the U.S. held steady in June, with the producer price index up 2.3% year-over-year, despite tariff-related cost pressures, Labor Department data showed.
- U.S. producer prices remained flat in June, suggesting tariffs have not significantly driven up wholesale costs.
- Ahead of the deadline, the Federal Reserve maintained interest rates in the 4.25–4.50% range, while President Donald Trump prepared to exert pressure on policy decisions.
- In June, medical care costs increased 0.5%, furnishings rose 1.0%, and recreation expenses edged up 0.4%, while other sectors remained stable.
- Following the PPI report, markets remain cautious, while economists had expected a 0.2% rise after May's increase.
- Economists predict the Federal Reserve may resume rate cuts later this year, supported by stable wholesale inflation and expectations that tariffs will keep goods prices high through year-end.
72 Articles
72 Articles
US Wholesale Inflation Holds Steady in June
U.S. wholesale inflation was tame in June, sending few signals that President Donald Trump’s tariffs could cause price pressures in the coming months. According to data released by the Bureau of Labor Statistics on July 16, the producer price index (PPI)—a measure of prices paid for goods and services by businesses—was zero percent in June from an upwardly revised 0.3 percent in May. This came in below the consensus forecast of a 0.2 percent gai…
Wholesale Prices Hold Steady in June
In a surprising turn for inflation watchers, the U.S. Producer Price Index (PPI) remained flat in June, suggesting that recent tariffs may not be significantly driving up wholesale prices—at least for now. According to the Bureau of Labor Statistics report released Wednesday, both the headline and core PPI showed no change on a seasonally adjusted basis, falling short of economists’ expectations of a 0.2% rise. This report comes on the heels of …
The wholesale inflation in the United States was moderated in June, despite expectations of an increase in the middle of the implementation of tariffs. The producer price index (PPI), which measures the average change in prices paid to producers, remained unchanged from May, and the annual rate of inflation at the wholesale level slowed by 2.3%, partly aided by base effects (where the previous year's period experienced higher inflation). Economi…
Latest US inflation report shows a pullback in travel spending and an increase in the cost of goods
US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners. However, a steep drop-off in travel and other services camouflaged an increase in the cost of goods.
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