Producer Price Index for final demand fell 0.3 percent in June.
Goods prices dropped 1.4 percent while services prices rose 0.2 percent.
This marks the weakest monthly reading in ten months.
Annual PPI increased 5.5 percent for the 12 months ended in June.
Core measures excluding food and energy also showed moderation.
Data suggests cooling wholesale inflation pressures.
https://www.cnbc.com/2026/07/14/stock-market-today-live-updates.html
Investors are breathing easier with softer PPI numbers reducing fears of sticky inflation. The drop in goods prices especially stands out as a clear win for supply chain improvements. Services inflation ticking up slightly keeps some caution but overall this lighter print supports a more patient Fed approach.
Rate hike odds tanking for September https://t.co/okcB17LWjJ
— TT3 (@TradingThomas3) July 15, 2026
Yesterday:
Biggest drop in monthly headline CPI (-0.4%) since covid crash. Core CPI also lowest since covid. pic.twitter.com/pDS7y8YjmH
— zerohedge (@zerohedge) July 14, 2026