Producer Prices Unchanged in July

Producer prices were unchanged in July, seasonally adjusted, after rising 0.3 percent in June, according to the U.S. Bureau of Labor Statistics. Producer prices rose 3.3 percent for the twelve months ended July 2018.

The index for final demand goods ticked up 0.1 percent in July, the same as last month. The index for final demand energy fell 0.5 percent, while prices for final demand goods less foods and energy grew 0.3 percent.

Prices for final demand services decreased 0.1 percent. Prices for final demand transportation and warehousing grew 0.3 percent in July after increasing 0.5 percent in June. Prices for final demand trade fell 0.8 percent.

Read the BLS release.

About Jack McCabe

Jack McCabe is a research associate in the Economic Policy and Research group at the ABA.
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