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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.

  • On July 15, 2025, U.S. stocks drifted near record levels amid mixed inflation data and quarterly earnings reports from major banks.
  • The Labor Department reported that consumer inflation rose 2.7% in June, up from 2.4% in May, partly due to President Trump's proposed tariffs set for August 1.
  • Meanwhile, major banks showed mixed stock performance after earnings, with JPMorgan Chase beating profit forecasts but falling 1.1%, Citigroup rising 0.8%, and Wells Fargo down 4.8%.
  • The 10-year Treasury yield increased to 4.45%, reflecting market reactions to inflation and economic risks from tariffs and higher government deficits caused by recent tax cuts.
  • If enacted, the tariffs could raise recession risks, pressure government debt relative to the economy, and increase costs for American consumers, while trade tensions continue between the U.S. and China.
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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]]>

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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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kalkinemedia.com broke the news in on Tuesday, July 15, 2025.
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