US Producer Prices Stagnated on Declining Services Costs
Bloomberg Television·2025-07-16 12:50

Inflation Trends - Final demand headline remains at 00% X Food and Energy, and 00% X Food, Energy and Trade, indicating slower than anticipated inflation [1] - Year-over-year inflation stands at 23%, a notable decrease from previous figures [1] - Core inflation dropped to 26% from 3%, while X Food, Energy and Trade decreased to 25% from 27% [1] Economic Indicators - Final demand goods experienced a rise of 03%, while services saw a decline of 01% [2] - The service sector's decline likely significantly impacted overall economic performance, given the economy's service-oriented nature [2] Political Implications - The White House is expected to highlight these figures as evidence against tariff-related inflationary pressures [1]