The Producer Price Index for final demand remained unchanged in June, easing slightly to a 2.3% annual increase. While prices for final demand goods saw a 0.3% monthly rise—the largest since February—which was largely offset by a decline in services prices.
Notably for manufacturers, prices for private capital equipment jumped 4.2% over the year, indicating rising costs for new machinery and tools. Economists are closely monitoring these trends, particularly the core inflation metrics, as they influence the Federal Reserve’s decisions on interest rates. 7/9/2025