U.S. Wholesale Prices Fell 0.1% In August, Calming Fears Of Tariff-Driven Inflation

Wholesale prices fell unexpectedly in August, easing concerns of a tariff-driven spike in supplier costs, according to ABC News. Producer prices dropped 0.1% in August, partially reversing July’s sharp increase, according to the Bureau of Labor Statistics. Trump’s tariff escalations have made monthly wholesale-price data a key gauge of potential cost pass-through to consumers. Producer prices jumped 0.9% in July, raising inflation fears, but August’s decline may ease concerns ahead of Thursday’s consumer price report. Wholesale prices rose 2.8% year-over-year through August, the largest annual increase since March.