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.
73 Articles
73 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…
Coverage Details
Bias Distribution
- 57% of the sources are Center
To view factuality data please Upgrade to Premium