Wholesale inflation unexpectedly slowed in August, as higher tariffs are proving slow to work their way through the pipeline. The producer price index for total final demand edged down 0.1% in August.

The latest report on inflation could be good news for the Federal Reserve when it meets to consider interest rates next week.

The consumer price index for August 2025 rose 2.9% on an annual basis. Tariffs seem to be pushing prices for goods like clothing higher, economists said.

Inflation rose 0.4 percent in the month of August and 2.9 percent in the past 12 months, a sign that President Donald Trump’s reciprocal tariffs have begun to affect the larger global economy. The Bureau of Labor Statistics released its Consumer Price Index data for August on Thursday,

The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.

US inflation cooled off at the wholesale level in August, bolstering hopes that high tariffs aren’t yet causing prices to spiral out of control, fresh data showed Wednesday.

Consumer price growth is expected to have accelerated last month, with Thursday's report set to keep the spotlight on tariff pass-through effects and potentially add pressure to import-heavy categories.

Wholesale inflation unexpectedly declined in August, the Bureau of Labor Statistics (BLS) reported Wednesday morning. The producer price index (PPI) inched down by 0.