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EN
US producer prices flat in June despite tariff effects
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The Cattle Site
More than half of the broad-based increase in goods prices was due to a 0.3% advance in wholesale goods excluding food and energy.
These so-called core goods prices rose 0.2% in May.
Some of the increases in wholesale goods prices mirrored similar rises in the CPI goods components.
Weakness in servicesWholesale services prices slipped 0.1% after increasing 0.4% in May.
Economists expect these tariffs will keep goods prices elevated through the end of the year, though slower services price growth could soften the blow.
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