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Wholesale Inflation Steady, Lowest Yearly Rise Since September

7/18/2025

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Summary

Story summary

U.S. wholesale inflation held steady in June, with the producer price index unchanged from May.
Year-over-year prices increased by 2.3%, marking the lowest rate since September.
Core goods prices saw a slight rise, reflecting the effects of tariffs.
Auto retailers faced shrinking profit margins, resulting in lower new vehicle prices.
Economists predict gradual inflation increases as businesses adapt to trade costs.

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Story summary

U.S. wholesale inflation held steady in June, with the producer price index unchanged from May.
Year-over-year prices increased by 2.3%, marking the lowest rate since September.
Core goods prices saw a slight rise, reflecting the effects of tariffs.
Auto retailers faced shrinking profit margins, resulting in lower new vehicle prices.
Economists predict gradual inflation increases as businesses adapt to trade costs.