Producers prices unexpectedly declined in June following a bounce in May. Deflationary Trends Resume The BLS Producer Price Report shows deflationary trends resume in June. Final Demand • Services: The index for final demand services moved down 0.3 percent in June, the largest decrease since falling 0.3 percent in February. The June decline can be attributed to margins for final demand trade services, which dropped 1.8 percent. • Goods: The index for final demand goods rose 0.2 percent in June after increasing 1.6 percent in May. Leading the June advance, prices for final demand energy jumped 7.7 percent. • ... (full story)