US wholesale prices held steady in June, but consumer prices saw the biggest jump since February, up 2.7%.

US wholesale inflation remained stable in June, with the Producer Price Index unchanged from May, contrary to expected increases. Wholesale prices rose 2.3% year-over-year, the smallest increase since September. Core producer prices, excluding food and energy, also remained steady, rising 2.6% annually. This stability follows a 2.7% increase in consumer prices, the highest since February, attributed partly to Trump's tariffs. Despite tariffs, wholesale prices are not rising as anticipated, offering some relief on inflation concerns.