In Reply to: Inflation rose to 2.7% in June posted by Bruinfan4ever on July 16, 2025 at 04:24:37
CNBC:
The producer price index, a measure of wholesale costs, showed no change in June, against the forecast for a 0.2% increase. The same was true for the core PPI.
Though the numbers for headline and core wholesale inflation were subdued, final demand goods prices rose 0.3%, but were offset by a 0.1% fall in services.
Combined with Tuesday’s consumer price index release, the data suggests that President Donald Trump’s tariffs are indicating a marginal to no bite on the U.S. economy.