PPI YoY in July will fall to 5.1% or less

PPI for final demand will be 5.1% or less for the 12 months ended in July 2026. That outcome will mark a cooling from the 5.5 percent unadjusted 12-month increase reported for June 2026 and will build on the 0.3 percent seasonally adjusted drop in the final demand index that BLS recorded in June. I…