U.S. producer prices fell unexpectedly in August, with the Producer Price Index (PPI) edging down 0.1% month-over-month after gains in June and July. On a year-over-year basis, PPI rose 2.6%, below market expectations of 3.3%.
- Final demand services prices fell 0.2%, driven largely by a 1.7% decline in trade service margins, including a 3.9% drop in machinery and vehicle wholesaling.
- Final demand goods prices rose 0.1%, supported by increases in tobacco (+2.3%), beef, poultry, and electric power, while natural gas (-1.8%) and copper scrap declined.
- Core PPI, which excludes food, energy, and trade services, rose 0.3% in August and 2.8% year-over-year — the fastest annual pace since March 2025.
- Intermediate demand trends were mixed: processed goods rose 0.4%, unprocessed goods fell 1.1% (led by crude petroleum at -2.8%), and services increased 0.3%.
Relevant Companies
- None found
Editor’s Note: This is a developing story. This article may be updated as more details become available.
