June’s decline in US producer prices marks the first monthly drop since August 2025, undershooting forecasts for no change.
US producer prices fell 0.3% month-over-month in June, the first decline since August 2025 and the sharpest since April 2025. The drop followed a downwardly revised 0.6% increase in May and missed expectations for a flat reading.
Prior to June, producer prices had risen for nine consecutive months, with May’s gain initially reported at 0.7%. The last comparable decline occurred in April 2025, when prices fell 0.4%.
The data suggests easing inflationary pressures at the wholesale level, though market reaction remains muted ahead of broader economic releases.