Wholesale Inflation Flattens in June as Companies Cope With Tariffs Wholesale prices were unchanged in June, surprising economists who were expecting to see a modest increase. The Producer Price Index also showed wholesale inflation slowed annually.
Wholesale price growth slowed on a yearly basis, growing 2.3% higher than the same time last year. That's lower than the 2.7% recorded in May.
Economists are on the lookout for signs that President Donald Trump's tariffs are pushing up prices as expected. Economists surveyed by The Wall Street Journal and Dow Jones Newswire expected a 0.2% monthly PPI increase.
"With many strategies at companies' disposal, the pass-through may be lower than initially anticipated," Klachkin wrote. "Some industries command pricing power while others look to be absorbing the levies."
Drudge Retort Headlines
Trump Blamed for Soaring Grocery Prices (80 comments)
Army National Guard Soldiers on Trash Duty in Wash DC (47 comments)
Step Back, Take It In: US Entering Full Authoritarian Mode (43 comments)
Why Is the National Guard in DC? Even They Don't Know. (42 comments)
Tax Rate for Ultrarich Drops Dramatically Per GOP Cuts (34 comments)
DOGE Accused of Copying Entire Social Security Database to Cloud (20 comments)
Trump's Pick for CDC Director Ousted (19 comments)
Trump Administration Taking Control of Union Station (18 comments)
Micah Parsons Traded to Packers, Gets Record Contract (17 comments)
Federal Appeals Court Stikes Trump's Tariffs Down (16 comments)