US EditionWholesale inflation measure was unchanged in June
UNITED STATES, JUL 16 – U.S. wholesale prices held steady in June despite tariffs, with annual inflation slowing to 2.3%, the lowest since September 2024, signaling cooling inflation pressures.
- The Labor Department reported on July 15, 2025, that U.S. inflation rose to 2.7% in June, the highest level since February.
- This increase followed a 2.4% rise in May and occurred amid President Trump's tariffs, which raised prices on goods like furniture and clothing.
- On the same day, U.S. stocks drifted near record highs with the S&P 500 up 0.2%, led by a 3.7% gain in Nvidia after the government renewed AI chip export licenses to China.
- Citigroup shares rose 1.4% after reporting profits beating forecasts, while Washington’s approved tax cuts are expected to add to the federal deficit and economic risks.
- The inflation rise and tariffs could increase recession risks and government debt pressures, suggesting cautious investor sentiment ahead of more economic data.
75 Articles
75 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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