Economists Wrong Again: Wholesale Inflation Remained Unchanged In June

"It's almost like the economics profession doesn't fully understand tariffs."

The producer price index, which measures wholesale costs in the United States, showed no change last month, defying the expectations of economists who have predicted for months that Americans would soon feel the pain of President Donald Trump’s tariffs.
The seasonally adjusted producer price index (PPI), released by the Bureau of Labor Statistics (BLS) on Wednesday, came in at zero while economists were expecting an increase of at least 0.2%, CNBC reported. Month-over-month core PPI, which strips out food and energy, also remained unchanged after experts expected a 0.2% jump.
https://www.dailywire.com/news/economists-wrong-again-wholesale-inflation-remained-unchanged-in-june