US producer prices fall 0.3pc in June
By Iain Gilbert
Date: Wednesday 15 Jul 2026
(Sharecast News) - The US producer price index for final demand fell 0.3% in June, according to the Bureau of Labor Statistics, following gains of 0.6% in May and 1.1% in April.
June's decline was driven by a 1.4% drop in final demand goods - the largest fall since July 2022 - while final demand services edged 0.2% higher. On an unadjusted basis, the index was up 5.5% over the year.
Core PPI, which strips out volatile food, energy and trade services, rose 0.1% on the month and was 5.1% higher year‑on‑year.
Energy prices led the weakness in goods, falling 6.4%, with gasoline down 12% and declines also seen in diesel, jet fuel, fresh vegetables, crude petroleum and thermoplastic resins. Food prices slipped 0.6%, while goods excluding food and energy rose 0.2%.
On the services side, trade margins increased 0.4%, accounting for most of the monthly rise. Fuels and lubricants retailing margins jumped 13%, while gains were also recorded in securities brokerage and investment advice, furniture retailing, apparel and accessories retailing, loan services and inpatient care.
Machinery and vehicle wholesaling margins, on the other hand, fell 8.4%, with declines also seen in food and alcohol wholesaling, and deposit services.
June's PPI reading comes just a day after the US consumer price index fell 0.4% in June from the prior month, taking the annual inflation rate down to 3.5%. Economists had expected to see a 0.2% monthly decline and 3.8% year‑on‑year inflation.
Reporting by Iain Gilbert at Sharecast.com
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN