In June, the US PPI remained flat on a month-to-month basis, as a sharp drop in travel services costs offset increases in commodity prices.

Zhixin Finance APP noticed that wholesale inflation in the United States slowed in June, as a significant decrease in costs for travel-related services offset the rise in commodity prices. Data released by the US Labor Department on Wednesday showed that the Producer Price Index (PPI) remained unchanged month-on-month, with the May data revised upward to show a 0.3% increase.