Wholesale prices rose 0.9% in July, much more than expected

[W_Heisenberg]

Wholesale prices rose far more than expected in July, providing a potential deterrent for the Federal Reserve to lower interest rates in September, a Bureau of Labor Statistics report Thursday showed.

The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for a 0.2% gain.

https://www.cnbc.com/2025/08/14/ppi-inflation-report-july-2025-.html

Excluding food and energy prices, core PPI rose 0.9% against the estimate for 0.3%. Excluding food, energy and trade, the index was up 0.6%, the biggest gain since March 2022.

On an annual basis, headline PPI increased 3.3%, the biggest 12-month move since February and well above the Fed’s 2% inflation target.

Services inflation provided much of the push higher, moving 1.1% higher in July for the largest gain also since March 2022.

—

Trump is a mean, belligerent, ignorant fool who doesn’t know anything about economics.

This is what happens when you put a tax on imports.

The more Trump ratchets up the tax rate on imports the more our costs will go up.

 

[PeteEU]

And tariffs have not really hit yet.. good luck.

 

[W_Heisenberg]

*US JULY PRODUCER PRICES RISE 3.3% Y/Y; EST. +2.5%
*US JULY PRODUCER PRICES RISE 0.9% M/M; EST. +0.2%

*US JULY CORE PPI RISES 0.9% M/M; EST. +0.2%
*US JULY CORE PPI RISES 3.7% Y/Y; EST. +2.9%

 

[ncguy]

“Tariff churn is starting to burn and producers are starting to feel the inflation fire heat,” Chris Rupkey, chief economist at FwdBonds, wrote in commentary on Thursday. “It will only be a matter of time before producers pass their higher tariff-related costs on to the backs of inflation-weary consumers.”

He added: “Today’s PPI report is the final confirmation that inflation is heading our way. The inflation simmering on the back burner has been brought forward and is clearly starting to boil.”

https://www.cnn.com/2025/08/14/economy/us-ppi-wholesale-inflation-july

I guess what we need is a deep recession to throw people out of work to offset the trumpflation!

 

[Callen]

He'll say fake numbers and the new guy will revise it downward.

 

[Helix]

Tariff anticipation / greedflation.

 

[W_Heisenberg]

Well, at least the rich folks got their tax cuts! MAGa!

 

[ScrambledEggs]

At least we dont have a cackler in the WHITE house!

 

[ScrambledEggs]

Some additional context

 

[TangoNoCash]

It’s only going to get worse. Thanks spineless gop.

 

[W_Heisenberg]

View attachment 67584529
Some additional context

Trump did that!

 

[Greenbeard]

Seems bad.



Interestingly, the biggest jump since Trump’s last month in office the first time.

 

[W_Heisenberg]

Seems bad.



Interestingly, the biggest jump since Trump’s last month in office the first time.

Trump is the emergency.

 

[Bok Tuklo]

He needs to get that weirdo confirmed fast!

 

[multivita-man]

And tariffs have not really hit yet.. good luck.

The US consumer will pay for it one way or the other. Either through decreased supply (supply-driven inflation), costs passed to the consumer (cost-push inflation), or a reduction in profit margins causing a reduction in payrolls. Tariffs can be a useful tool in some very specific contexts, but I am more than just a little amused (disappointed) when I see seemingly intelligent economic strategists trying to make the case that there's real 'strategery' goin on here. There isn't. There's just chest-puffing hubris. This is what the Team America's World Police A-MER-i-kuuuh **** Yeah!!!! song looks like as US foreign policy implemented.

 

[Emlee]

And tariffs have not really hit yet.. good luck.

No they sure haven’t, which is why it was always so ridiculous when some tried taking victory laps ( including lots of gloating) because we hadn’t seen a recession yet or prices hadn’t yet increased.

Reality was always that it was way too early to see the full effect from tariffs.

How long though before these numbers are also called fake?

 

[W_Heisenberg]

Wow:

“A quarter of the July advance in the index for final demand goods can be traced to prices for fresh and dry vegetables, which jumped 38.9 percent,” the report said.

US producer inflation exceeds expectations in July, highest in 3 years

US producer price inflation surged in July to its highest level since 2022, driven by a significant increase in services costs, particularly trade services. The Producer Price Index (PPI) rose 0.9 percent month-on-month, exceeding analysts' expectations. A notable increase in food prices...

m.economictimes.com

This is what happens when you deport all the people harvesting our veggies.

I expect all the Trump supporters bitching snd moaning about undocumented immigrants to turn off Fox News, give a kiss to their photo of Trump and Epstein, come out of retirement, and get to work on the farms pronto. Now is your time to shine, your country needs you Trump supporters.

 

[W_Heisenberg]

Wow:

“A quarter of the July advance in the index for final demand goods can be traced to prices for fresh and dry vegetables, which jumped 38.9 percent,” the report said.

US producer inflation exceeds expectations in July, highest in 3 years

US producer price inflation surged in July to its highest level since 2022, driven by a significant increase in services costs, particularly trade services. The Producer Price Index (PPI) rose 0.9 percent month-on-month, exceeding analysts' expectations. A notable increase in food prices...

m.economictimes.com

This is what happens when you deport all the people harvesting our veggies.

I expect all the Trump supporters bitching snd moaning about undocumented immigrants to turn off Fox News, come out of retirement, and get to work on the farms pronto.

The more Trump clamps down on migrants, and the more he expands tariffs and increases tariff rates the higher inflation will climb.

There will be no golden age under Trump, there will be only misery.

 

[W_Heisenberg]

At least we dont have a cackler in the WHITE house!

I’m beginning to think Trump supporters never cared about the price of eggs.

 

[dmpi]

Bottom line: Companies are eating the majority of the tariff's cost. But for how long? That's up to the consumers.

 

[Pound4abrown]

And tariffs have not really hit yet.. good luck.

I eagerly await how Maga blames this on Biden/Harris. Or the Left in general. Should be wild!

 

[TangoNoCash]

Bottom line: Companies are eating the majority of the tariff's cost. But for how long? That's up to the consumers.

Not really. It’s up to the companies eating the costs. They have been weighing against losing market share in hopes that the tariffs get taco’d. Once they decide that’s not going to happen they will pass the costs to us. It’s smart business.

 

[Ikari]

Tip of the iceberg. As Trump continues with his War on Trade, this will only get worse.

 

[Jredbaron96]

View attachment 67584529
Some additional context

Ouch.

 

[Ikari]

I eagerly await how Maga blames this on Biden/Harris. Or the Left in general. Should be wild!

They'll also make excuses like "It's good prices are higher, we should be consuming less". ****ing communists, man. You must suffer for Dear Leader and Party.