{"id":693712,"date":"2026-07-15T21:55:17","date_gmt":"2026-07-15T21:55:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/693712\/"},"modified":"2026-07-15T21:55:17","modified_gmt":"2026-07-15T21:55:17","slug":"ppi-wholesale-inflation-falls-0-3-in-june-thanks-to-lower-gas-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/693712\/","title":{"rendered":"PPI wholesale inflation falls 0.3% in June thanks to lower gas prices"},"content":{"rendered":"\n

Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for final demand falling 0.3%<\/a>. It marked the first time the index has moved lower on a monthly basis since August 2025. And the June pullback in wholesale prices came before the ceasefire between the U.S. and Iran collapsed, driving oil prices higher again. <\/p>\n

Final demand prices had risen 0.6% in May and 1.1% in April. On an annual basis, the index for final demand rose 5.5% through June. <\/p>\n

The June decline was driven by a 1.4% drop in prices for final demand goods \u2014 the largest such decrease since July 2022, when goods prices fell 1.9%. Energy prices led the goods decline, falling 6.4% for the month. Food prices also slipped 0.6%. Prices for final demand goods excluding food and energy edged up 0.2%. <\/p>\n

Gasoline accounted for nearly two-thirds of the June decline in final demand goods prices, dropping 12%. Diesel fuel, jet fuel, fresh vegetables, crude petroleum, and thermoplastic resins also fell. Plastic products and residential electric power were among the categories that posted increases. <\/p>\n

Final demand services prices rose 0.2% in June after falling 0.1% in May. More than 60% of that gain came from trade services margins, which advanced 0.4%. Margins for fuels and lubricants retailing jumped 13%, accounting for roughly half of the services increase. Margins for machinery and vehicle wholesaling declined 8.4%. <\/p>\n

The core PPI measure \u2014 final demand excluding food, energy, and trade services \u2014 rose 0.1% in June after jumping 0.8% in May. That measure was up 5.1% over the prior 12 months. <\/p>\n

The June result met analyst expectations, according to Barron’s<\/a>. Economists had forecast a 0.3% drop for the month. Core PPI came in at 0.2%, short of the 0.3% gain that forecasters had anticipated, according to CNBC<\/a>. <\/p>\n

At the intermediate demand level, prices for processed goods fell 1.2% \u2014 the largest decline since December 2022 \u2014 driven by a 7.3% drop in processed energy goods. Prices for unprocessed goods fell 4.1%, the steepest drop since May 2023, with unprocessed energy materials down 8.1%. Crude petroleum fell 12.1% and diesel fuel fell 18%. <\/p>\n

The next PPI report, covering July 2026, is scheduled for release on Aug. 13, 2026. <\/p>\n","protected":false},"excerpt":{"rendered":"Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for…\n","protected":false},"author":2,"featured_media":693713,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,3682,230834,56,54,55],"class_list":["post-693712","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-energy-prices","tag-final-demand","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/693712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=693712"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/693712\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/693713"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=693712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=693712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=693712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}