Inflation in Producer Prices Mirrors 0.1% Build in Consumer Prices (CPI) for June
The Bureau of Labor Statistics (BLS) Producer Price Index (PPI) met a mild consensus forecast for June, with final demand advancing a seasonally adjusted 0.1%.
| Indicator | Prior | Consensus Forecast | Forecast Range | Result |
| PPI-FD – M/M ∆ | 0.1% | 0.1% | -0.1% to 0.3% | 0.1% |
| PPI-FD – Y/Y ∆ | 1.8% | 1.7% | 1.3% to 2.0% | 1.7% |
| PPI-FD less food & energy – M/M ∆ | 0.2% | 0.2% | 0.0% to 0.3% | 0.3% |
| PPI-FD less food & energy – Y/Y ∆ | 2.3% | 2.2% | 2.1% to 2.4% | 2.3% |
| PPI-FD less food, energy & trade services – M/M ∆ | 0.4% | 0.2% | 0.2% to 0.3% | 0.0% |
| PPI-FD less food, energy & trade services – Y/Y ∆ | 2.3% | 2.3% | 2.2% to 2.4% | 2.1% |
