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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

CFMEU Says Its Not to Blame for Housing Crisis, Blames 300,000-Worker Shortage

Despite needing to be placed into administration by the...

Amazon to Help Restore Australian River to Offset Data Centre Water Use

A sign is seen outside of an Amazon Go...

$100 Million Fines on the Table Against Service Stations That Price Gouge

A petrol station sign advertises diesel for over three...

Labor Minister Criticises ABC Segment as Rinehart Files Lawsuit

The taxpayer-funded Australian Broadcasting Corporation (ABC) has been heavily...