Producer Prices Nearly Flat in June

U.S. producer prices barely rose in June — up just 0.1% — as annual producer-inflation showed its slowest rate of growth in nearly three years, according to the latest federal data. In the 12 months through June, the core PPI — which excludes trade-services costs, as well as food and energy prices — rose 2.6% after increasing 2.8% in May. 7/13/2023