The prices U.S. producers received for final-demand goods and services fell 0.3 percent in June after rising 0.6 percent in May, the Bureau of Labor Statistics reported July 15.

The monthly decline was driven by goods, whose prices fell 1.4 percent. Gasoline prices dropped 12 percent, and food prices also eased. Services prices increased 0.2 percent. Excluding food, energy and trade services, the index rose 0.1 percent for the month.

The monthly improvement does not mean wholesale inflation has disappeared. Final-demand prices were still 5.5 percent higher than in June 2025, while the measure excluding food and energy was up 4.7 percent over the year. Producer prices can influence consumer inflation, but they do not move through to store prices mechanically or immediately.

The report mostly describes conditions before the latest escalation in the Middle East. Because energy and transportation costs can change quickly, the June decline should be read as a backward-looking data point rather than a guarantee about prices later this summer.

Source: U.S. Bureau of Labor Statistics ↗

Source: Associated Press ↗