The U.S. Producer Price Index (PPI) showed no change in July 2026 on a month-over-month basis, halting a brief bout of producer-level deflation seen in the prior month. According to data updated on 13 August 2026, the PPI registered 0.0% in July, compared with a -0.3% reading in June 2026.
The July stabilization suggests that downward price pressures at the wholesale level have eased, at least temporarily. In June, the -0.3% month-over-month move indicated producers were receiving lower prices than in May, but July’s flat reading signals that input and output prices for businesses held steady relative to June.
The figures are based on month-over-month comparisons: the “actual” value reflects the change in July versus June, while the “previous” value captures the change in June compared with May. Market participants monitoring inflation dynamics will view the shift from negative to flat producer prices as a potential sign of more stable cost conditions in the production pipeline.
