A day following concerns sparked by the Consumer Price Index data, the latest Producer Price Index (PPI) report on Wednesday painted a more positive picture. In June, producer prices remained unchanged, a decrease from the 0.3% rise in May and below the anticipated 0.2% increase. Annually, PPI decelerated to 2.3%, marking the lowest rate since September 2024, falling short of the projected 2.5% and down from May's 2.7%. Excluding food and energy prices, core PPI also showed no change in June, missing the expected 0.2% growth. The year-on-year rate dropped to 2.6% from a previously reported 3.2%, slightly below the economist consensus. For more details, the complete article can be found on Benzinga.com.