The Producer Price Index for final demand fell 0.3 percent in June

BLS

Prices are falling under President Trump:

CNBC: "This number’s a pretty darn optimistic number here. Final demand for goods falling 1.4% Foods were down 0.6%...of course energy leading the way -6.4%” pic.twitter.com/mVuvJ02DLx

— RNC Research (@RNCResearch) July 15, 2026