Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
Source: CNBC
Published Wed, Jul 15 2026 8:35 AM EDT Updated 2 Min Ago
Wholesale prices unexpectedly fell in June as sliding energy costs helped brighten the inflation picture, the Bureau of Labor Statistics reported Wednesday.
The produce price index posted a seasonally adjusted 0.3% decline for the month, compared to the Dow Jones consensus estimate for the final-demand cost measure to be unchanged.
On an annual basis, the index indicated a 5.5% inflation rate. The May reading was revised sharply lower, from an initially reported increase of 1.1% to 0.6%.
Excluding food and energy, core PPI rose 0.2%, against the outlook for a 0.3% increase. Core PPI less trade services rose 0.1% and was up 5.1% from a year ago.
Read more: https://www.cnbc.com/2026/07/15/wholesale-inflation-june-2026-.html
Article updated.
Original article -
Wholesale prices unexpectedly fell in June as sliding energy prices helped brighten the inflation picture, the Bureau of Labor Statistics reported Wednesday.
The produce price index posted a seasonally adjusted 0.3% decline for the month, compared to the Dow Jones consensus estimate for the final-demand cost measure to be unchanged. On an annual basis, the index indicated a 5.5% inflation rate.
Excluding food and energy, core PPI rose 0.2%, against the outlook for a 0.3% increase.
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to receding tensions between the U.S. and Iran.
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Bravo, MAGA chuds.
We're these "big drop" in fuel prices, because in western New York they dropped 25 cents, IF THAT, and immediately rose again after tRump's on/off again "unconditional victory" in Iran.
NOTHING is factual anymore. It's all "fake news" and it's all coming from the freaking White House. 
