US PPI Drops 0.3% in June, First Decline Since August 2025
The producer-side print came in well below the flat reading economists expected, reinforcing the disinflationary trend that risk assets have been positioning for since May.
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The producer-side print came in well below the flat reading economists expected, reinforcing the disinflationary trend that risk assets have been positioning for since May.
The 50-basis-point upgrade is small in headline terms, but it revives the soft-landing read: consumer spending held up faster than the first print suggested.