Producer Inflation Unexpectedly Falls in August, Adds to Fed Rate Cut Bet

Services inflation cooled while goods inflation ticked up in August.

People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times

U.S. wholesale inflation unexpectedly fell in August, providing assurance that President Donald Trump’s tariffs have yet to result in rocketing price inflation.

Last month, the producer price index (PPI)—a measure of prices paid by businesses for goods and services—dipped by 0.1 percent, after advancing by 0.7 percent the previous month, according to Bureau of Labor Statistics data released on Sept. 10.