US wholesale inflation flatlined in July 2026, with the Producer Price Index registering a 0.0% monthly change after significant swings in the prior months. Goods prices fell 0.7% as energy costs dropped 3.1%, while services edged up 0.2% and construction surged 2.2%. Year-over-year PPI stands at 4.7%, matching the core measure, suggesting persistent underlying inflationary pressures despite the monthly reprieve. The flat reading gives the Federal Reserve a data point supporting a hold on monetary policy, though nearly a year of accumulated increases cannot be erased by a single month of stability.
Source: Read the original article
