Washington, United States, Aug 13, 2026 (AFP) - US producer inflation cools in July, helped by energy costs

NAMPA / AFP

2026-08-13

US producer inflation cooled in July on a year-on-year basis, government data showed Thursday, as energy prices dropped from the prior month following an earlier surge due to war in the Middle East. The Producer Price Index (PPI) jumped 4.7 percent from a year ago, down from a 5.5 percent increase in June, said the Department of Labor. PPI was flat on a month-on-month basis. The slowdown came on the back of a fall in energy prices, which dipped 3......

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