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."
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