US PPI for final demand rose 0.1% mom in June, below expectation of 0.2% mom. Services prices rose 0.2% mom while goods prices were unchanged. PPI less foods, energy and trade services rose 0.1% mom.
For the 12 month period, PPI slowed from 0.9% yoy to 0.1% yoy, below expectation of 0.4% yoy. PPI less foods, energy, and trade services rose 2.6% yoy.
