Posted on 08/14/2025 4:06:35 PM PDT by SeekAndFind
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy.
The Bureau of Labor Statistics on Thursday released the producer price index (PPI) for the month of July, which showed an increase of 0.9% from the prior month and 3.3% from a year ago.
Those PPI figures were much hotter than the forecast of prices rising 0.2% on a monthly basis and 2.5% from last year that was estimated by economists polled by LSEG.
Core PPI, which excludes volatile components like food and energy, also rose 0.9% from last month and was up 3.7% from a year ago – well above the LSEG estimates of 0.2% and 2.9%, respectively. The 0.9% monthly increase in core PPI was the largest increase since March 2022.
The rise in headline PPI to 3.3% comes after it was initially reported as 2.3% in June and revised up slightly to 2.4% with this report. The jump in core PPI to 3.7% comes after it was just 2.6% in June. Both headline and core PPI showed no monthly price growth in June prior to the rise in July.
Services prices moved up 1.1% in July, which was the largest rise since an increase of 1.3% in March 2022. Over half of the broad-based increase in prices for July was attributable to margins for trade services, which jumped 2% and measure changes in margins received by wholesalers and retailers.
Margins for machinery and equipment wholesaling jumped 3.8% in July, accounting for about 30% of the monthly rise – while financial services, travel accommodation services, auto retailing and truck transportation of freight also rose.
Goods prices posted their biggest gain since January, rising 0.7%, with strong increases in the prices of vegetables, meat and eggs.
(Excerpt) Read more at foxbusiness.com ...
So, what’s the Federeal Reserve going to do about this latest PPI report? Will it reinforce their decision for another “wait and see”?
That rotten shmuck Powell is so hateful against Trump he will totally destroy the economy so Dems can win the House and his pals can impeach Trump and destroy all his programs one by one in Congress.
which excludes volatile components like food and energy, also rose 0.9% from last month...
Better fire him now before it is too late..
MSNBC: (satire——a little)
“We will get right back to our in depth coverage of new rumors about Trump and his close associate Epstein after this important breaking news about the tariff policy totally destroying all hopes for the economy as people face unbearable price increases. Here is a mother shopping with her two small children who may face near starvation due to higher prices.”
Prices have been in freefall during Trump. I can think of only a few items which have become more expensive. I really don’t know who they have compiling these figures.
The only thing I have noticed that has surged is coffee!!
Powell hates America.
That first part about Epstein, Epstein, Epstein is not satire.
Why are they lowering interest rates again?
To be honest hamburger has skyrocketed in price. That’s really the only big thing I’ve seen raised.
They are not lowering them.
I found a great alternative that uses mushrooms and ground walnut shells.
Have you been in a supermarket? Aside from eggs….I don’t think I’ve seen any prices fall.
I am not blaming Trump, one way or the other. Presidents have very little impact on this stuff. But singing his praises is a bit premature. It will be Q4 before we see the real impact of tariffs.
RE: Why are they lowering interest rates again?
They haven’t, they’re just talking about the possibility.
This latest report probably makes the chances dimmer.
Most of the increase was in services-not materials.
Oh o, somebody is going to get so fiiireed.
Never mind, it is only services. No biggie. Can’t possibly be because of tariffs.
I do wish they would be clear about which of these numbers are monthly and annualized.
They speak of margins rising. I doubt they are talking about profit margins but instead not margins at all but either monthly or annualized increases in prices. We don’t track margins.
This ambiguity turns a report in to codswallop.
But I was told that tariffs made things cheaper? Oh, that’s right, they’re liars.
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