FX.co ★ US Core PPI Cools to 4.2% in July, Easing from 4.7% in June

The United States’ core Producer Price Index (PPI) growth eased in July 2026, signaling a moderation in underlying wholesale inflation pressures. On a year-over-year basis, core PPI slowed to 4.2% in July, down from 4.7% in June 2026.

Both readings compare price changes to the same month a year earlier, with June’s figure reflecting June 2026 versus June 2025 and July’s reflecting July 2026 versus July 2025. The latest data, updated on 13 August 2026, suggest a gradual cooling trend in producer-level inflation, which is closely watched by markets for its potential implications on future consumer prices and monetary policy expectations.