US Edition
Wholesale inflation measure was unchanged in June
UNITED STATES, JUL 16 – The producer price index held steady in June as tariff-driven goods price increases were balanced by declines in services, with annual inflation slowing to 2.3%, the lowest since September 2024.
- U.S. stocks drifted near record highs on July 15, 2025, while the S&P 500 edged 0.1% higher amid mixed trading in New York.
- This followed Tuesday’s data showing the economy expanded 5.2% annually, slightly below 5.4% growth in January-March, with Trump’s tariffs set to begin August 1.
- Nvidia shares rose over 3%, leading tech gains after U.S. approval to sell advanced AI chips to China, while major bank stocks showed mixed earnings results.
- Inflation accelerated to 2.7% in June from 2.4% in May, driven partly by tariffs raising costs on goods like furniture and appliances, pushing the 10-year Treasury yield to 4.45%.
- The tariff implementation and rising inflation may increase recession risks, pressure government debt, and limit Federal Reserve policy options, though more trade negotiations remain possible.
74 Articles
74 Articles
Wholesale inflation remained stable in June due to a decline in service costs and despite speculations of an increase as a result of tariffs. Read more]]>
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…
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