-8.8 C
Ottawa
Sunday, December 14, 2025

US Wholesale Inflation Holds Steady in June

Date:

US Wholesale Inflation Holds Steady in June

A woman shops for eggs at a Walmart in Rosemead, Calif., on April 11, 2025. Frederic J. Brown/AFP via Getty Images

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.

About the author: Andrew Moran
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Nasdaq Seeks Authority to Block Manipulation-Prone Small-Cap IPOs

The Nasdaq MarketSite in Times Square in New York...

Crypto Mogul Do Kwon Sentenced to 15 Years in Prison for $40 Billion Stablecoin Fraud

Montenegrin police officers escort South Korean citizen, Terraform Labs...

Apple Issues iPhone Security Update, Warns of Sophisticated Web Attack

Apple iPhone 17 models are displayed at the Apple...

Belarus Frees Nobel Prize Winner, Key Opposition Figures in US-Brokered Deal

Lukashenko’s office said it welcomed the lifting of what...