With a drop in energy prices offset by a continued increase in service prices, the Labor Department released a report on Thursday showing that U.S. producer prices came in flat in the month of August.
The Labor Department said its producer price index for final demand was unchanged in August after rising by 0.2 percent in July. Economists had expected the index to edge down by 0.1 percent.
Excluding food and energy prices, the core producer price index rose by 0.3 percent in August, matching the increase seen in the previous month. Core prices had been expected to tick up by 0.1 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.