Rising Business Costs in the U.S. in July Threaten to Push Inflation Back to Shoppers

The U.S. Bureau of Labor Statistics announced that producer prices jumped 0.9% in July 2025, marking the sharpest increase in over three years. Over the last year, the Producer Price Index rose 3.3%, well above the Federal Reserve’s 2% target. Much of the increase came from higher service costs, especially in wholesaling, transportation, and equipment. […]