Friday, October 30, 2026
13.9 C
New York

Producer price index edged down 0.3% in June


The Producer Price Index for final demand edged down 0.3% in June, seasonally adjusted, according to the U.S. Bureau of Labor Statistics report. Final demand prices increased 0.6% in May and 1.1% in April. On an unadjusted basis, the index for final demand rose 5.5% for the 12 months ended in June 2026.

The June decline in final demand prices can be attributed to a 1.4% drop in the index for final demand goods. In contrast, prices for final demand services moved up 0.2%.

Prices for final demand less foods, energy, and trade services increased 0.1% in June, after jumping 0.8% in May. For the 12 months ended in June, prices for final demand less foods, energy, and trade services moved up 5.1%.

The index for final demand goods moved down 1.4% in June, the largest decrease since falling 1.9% in July 2022. Leading the broad-based decrease in June was a 6.4% drop in prices for final demand energy. The index for final demand goods less foods and energy moved up 0.2%. In contrast, the index for final demand foods moved down 0.6%.

The index for final demand services rose 0.2% in June, after falling 0.1% in May. Over 60% of the broad-based advance in June can be traced to a 0.4% rise in margins for final demand trade services. The index for final demand transportation and warehousing services fell 0.1%. In contrast, the index for final demand services less trade, transportation, and warehousing rose 0.1%.

Read the BLS release.

 



Source link

Hot this week

What is happening with US interest rates and the economy?

In its decision to hold rates steady this...

Rivian (RIVN) earnings Q3 2026

Signage outside Rivian's offices in Palo Alto, California,...

Ripple and Robinhood Expand RLUSD for Institutional Settlement

TLDR: RLUSD is going live on Robinhood Chain and...

Binance ‘potential security issue’ sees $2.54 billion frozen

Several crypto firms, including Circle Internet Group and...

Credit issues put damper on profits at SBA specialist Newtek

Key takeaway: Newtek CEO Barry Sloane is hopeful...

Latest Post

Credit issues put damper on profits at SBA specialist Newtek

Key takeaway: Newtek CEO Barry Sloane is hopeful...

What is happening with US interest rates and the economy?

In its decision to hold rates steady this...

Binance ‘potential security issue’ sees $2.54 billion frozen

Several crypto firms, including Circle Internet Group and...

Ripple and Robinhood Expand RLUSD for Institutional Settlement

TLDR: RLUSD is going live on Robinhood Chain and...

Rivian (RIVN) earnings Q3 2026

Signage outside Rivian's offices in Palo Alto, California,...
Demo

Related Articles

Popular Categories

Demo