The U.S. Producer Price Index (PPI) for final demand rose 0.9% in July 2025, following no change in June. Over 12 months, final demand prices increased 3.3%, the largest since February 2025. Services led the July rise, up 1.1%, driven by trade margins, machinery/equipment wholesaling, and travel services. Goods prices rose 0.7%. Core final demand (excluding food, energy, trade) advanced 0.6%, the biggest increase since March 2022.
United States
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