US producer prices unchanged in July

13th Aug 2026 14:00

(Sharecast News) - US producer prices were unchanged in July, according to the Bureau of Labor Statistics, following a 0.1% decline in June and a 0.5% increase in May.

On an unadjusted basis, the final demand index rose 4.7% over the 12 months to July.

A 0.2% rise in final demand services and a 2.2% increase in construction prices offset a 0.7% fall in goods. Excluding food, energy and trade services, final demand prices rose 0.4%, leaving the core measure up 4.7% year‑on‑year.

Prices for final demand services increased 0.2%, driven by a 0.6% rise in services excluding trade, transportation and warehousing, while transportation and warehousing services fell 1.8%, and trade services dipped 0.1%.

Portfolio management fees jumped 6.5%, with retail and wholesale margins for health and beauty products, autos, garden equipment, food and alcohol also higher. Truck freight prices fell 1.8%, and machinery and vehicle wholesaling and securities brokerage also declined.

Final demand goods fell 0.7%, led by a 3.1% drop in energy prices, with food prices slipping 0.9%, and goods excluding food and energy edging 0.1% higher. Gasoline prices dropped 5.7%, accounting for more than half of the monthly decline.

Prices for fresh vegetables, diesel, jet fuel, residual fuels and thermoplastic resins also fell.

In contrast, motor vehicles and equipment rose 0.3%, while electric power and grain prices increased.

Reporting by Iain Gilbert at Sharecast.com