The Producer Price Index (PPI) measures inflation before it’s passed down to the consumer. This morning’s number shows that it remained unchanged in June. The markets were preparing for a slightly higher reading.
Year-over-year, it’s up 2.3 percent, also lower than previously expected. This comes after yesterday’s Consumer Price Index (CPI), which was on target, indicating that inflation may finally be showing signs of cooling.
Related Stories
Tidal Grow’s AlignN delivers encapsulated nitrogen to leaves, boosting in-season response, yield gains, and farm profits.
RealAg Radio host Shaun Haney explains how geopolitical developments in the Middle East can create energy-driven pressures that impact the supply chain and reshape demand for certain ag products.
India trade tensions may affect the U.S. export outlook.
The most common mistake farmers make is waiting until a health crisis occurs to transfer the farm to their children.
U.S. Agriculture Faces Mixed Weather, Market Pressures
Farm legal expert Roger McEowen discusses a new rail antitrust case in Kansas and its potential implications for farmers as rail upgrades signal continued export-driven demand for logistics.