Wholesale prices fell 0.3 percent in June, the first monthly drop since August 2025
The producer price index for final demand fell 0.3 percent in June on a seasonally adjusted basis, the Bureau of Labor Statistics reported on Wednesday. Jeff Cox at CNBC reported the release. The Dow Jones consensus called for no change. It was the first monthly decline since August 2025. Over 12 months the index rose 5.5 percent.
Goods prices fell 1.4 percent, the largest monthly drop since July 2022, as energy fell 6.4 percent and food fell 0.6 percent. Gasoline fell 12 percent and accounted for roughly two-thirds of the monthly decrease. Services rose 0.2 percent. Core PPI rose 0.2 percent. BLS also revised May sharply lower, to a 0.6 percent increase from an initially reported 1.1 percent.
Where we read it: Jeff Cox at CNBC. Read their story.
The document: BLS Producer Price Index, June 2026.