USPPIMMJune/2025
source: U.S. Bureau of Labor Statistics
- U.S producer prices rose 0.9% mom in July,
rebounding from a flat reading in June and much higher than expectations of 0.2%.
It marked the largest increase in producer prices since June 2022, driven primarily by higher service costs, particularly margins in machinery and equipment wholesaling.
Meanwhile, core PPI also went up 0.9%.
Year-on-Year, headline producer inflation accelerated to a five-month high of 3.3% while core producer inflation jumped to 3.7%.
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