US Producer Prices Stagnated on Declining Services Costs

Wednesday, Jul 16, 2025 1:17 pm ETmin read
Aime RobotAime Summary

- US producer prices stagnated in August as services costs fell for the first time in 18 months.

- Business service prices dropped 0.8%, driven by lower professional and technical fees amid softening demand.

- The slowdown eases inflation pressures, potentially supporting Federal Reserve caution on further rate hikes.

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