US wholesale prices post biggest surge in three years, PPI shows. Sign of tariff-related inflation? | Metals Mine

  • US wholesale prices post biggest surge in three years, PPI shows. Sign of tariff-related inflation?

    From morningstar.com

    The cost of wholesale goods and services - where rising inflation tends to show up first - posted the biggest increase in July in three years, possibly heralding a sizable acceleration in price hikes tied to higher U.S. tariffs. The producer price index jumped 0.9% last month after no change in June, the government said Thursday. The rate of wholesale inflation climb ed to 3.3% from 2.3%, a five-month high. Another gauge known as the core rate that is seen as a more stable measure of wholesale inflation rose 0.6% in July. The 12-month increase in the core rate moved up to 2.8% from 2.5%. The wholesale report doesn't ... (full story)

Comment Options
DwnUndrTrdr
Aug 14, 2025 10:13am
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Quoting Trader#3EAF
{quote} Literally the one and only thing that is real is the current price, and the chart. Everything else is nothing but speculation. Nasdaq up on the day. No one would have bet that if they were told the news beforehand. Therefore the news today is being ignored as a mistake that will get revised.
The current price is speculation
Ooops, sorry, it just changed
ffghost
Aug 14, 2025 10:14am
Permalink
Quoting Trader#3EAF
{quote} Literally the one and only thing that is real is the current price, and the chart. Everything else is nothing but speculation. Nasdaq up on the day. No one would have bet that if they were told the news beforehand. Therefore the news today is being ignored as a mistake that will get revised.
Spot on.

Sorry if any confusion. I meant "real" referring to "real news" (meaning, "impactful"). Too many on here say "the numbers are fake" or "manipulation!". I, like you, look at the price. I should have been clearer in my statement

The data may be accurate, to the survey's ability to measure it, but is it perceived as impactful by the markets broadly/speculatively/etc? That's what the initial, and subsequent moves show us.

Sadly, it is all lagging (even price). Just because the market goes up today doesn't mean that the world is pumping /nq just to dump it at 1PM CST. If the market ends the day down 1% (with no additional, 'significant' news) , do we say it was due to the PPI? What if the market ends the day up 1%? Now, each scenario again, but WITH some additional Trump tweet, etc. Now what caused it? What if the market rolls over tomorrow/overnight on news/no news. Still PPI or not PPI? That's the issue I have with "numbers"...and why price drives short term decisions.....you can fit the price action and numbers into whatever narrative you want (and it is usually wrong).
Reply
ffghost
Aug 14, 2025 9:06am
Permalink
Quoting Trader#A5EA
If this news was real then equities would not be unchanged on the day. Believe your chart not news that makes no sense.
"real" has nothing to do with trading/profits though (especially in times of wild speculation). /nq dipped 0.5%: all of the sidelined money waiting to invest in tech says "sure, I'll take a free 0.5%, it may never happen again!". The Russell is still down over 1.3% at the time of this writing though, so the broader confidence may not be so high. (yes, yes, /rty has run up more than others recently, BUT, it should have been moving faster anyway considering it is STILL 7% off all time highs from 2022 whereas the other majors are way above ATHs from 2022)....but I digress.

To support your point, however, we can look the metals. If gold is supposed to be an inflation hedge (which, I could argue it has NOT been performing as in recent months), then it should have seen a pop this morning. Instead, it is down 0.6% and falling.

The markets seem to be looking through this data...but the day isn't over yet.
Reply
Hitaisho
Aug 14, 2025 8:33am
Permalink
Quoting Trader#F3A2
That is not inflation. President Trump already said foreign countries will eat the Traiff

LOL.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250625_221255_MX Player.jpg Size: 284 KB
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Fractality
Aug 14, 2025 8:37am
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Foreign countries eat the tariff ? LOL
Reply
Polimini
Aug 14, 2025 10:20am
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someone is going to get fired and we will have a fox and friends guy collecting the data by next month, or no data at all.
Reply
Trader#2BF0
Aug 14, 2025 8:30am
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Quoting Trader#F3A2
That is not inflation. President Trump already said foreign countries will eat the Traiff
another MAGA unicorn
Reply
TraderTero
Aug 14, 2025 8:15am
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The sh1t is starting to hit the fan. Eagerly waiting for DT's comments and who needs to resign.
Trader#3EAF
Aug 14, 2025 9:36am
Permalink
Quoting ffghost
{quote} "real" has nothing to do with trading/profits though (especially in times of wild speculation). /nq dipped 0.5%: all of the sidelined money waiting to invest in tech says "sure, I'll take a free 0.5%, it may never happen again!". The Russell is still down over 1.3% at the time of this writing though, so the broader confidence may not be so high. (yes, yes, /rty has run up more than others recently, BUT, it should have been moving faster anyway considering it is STILL 7% off all time highs from 2022 whereas the other majors...
Literally the one and only thing that is real is the current price, and the chart. Everything else is nothing but speculation. Nasdaq up on the day. No one would have bet that if they were told the news beforehand. Therefore the news today is being ignored as a mistake that will get revised.
Reply
Trader#E563
Aug 14, 2025 10:29am
Permalink
Quoting DwnUndrTrdr
{quote} The current price is speculation Ooops, sorry, it just changed
All things change, all the time, that basic science.
The price of most things change by the minute or at least by the day. Therefore, there is no “right” price or “correct” price. There is only one thing, the time period we refer to as “now” and whatever the price is at that instant. Everything is meaningless opinion or a figment of imagination. The past and future do not, and will not, ever exist, only now exists.

Traders would be more profitable if they accepted current price as fact and realize their personal opinion of that price is the very definition of irrelevant. Place trades based on current price, and past price if you wish, with a proven statistical edge. Spending your day yelling that people or markets are wrong, clueless, blind, euphoric, etc. is not only incorrect but a waste of time and detrimental to your profits.

The reason so many here have said that stocks are “wrong” through one of the biggest bull markets of all time is they think humans with emotions are making trading decisions for the big money. Follow the big money bots, you will never beat them or outthink them. Just watch what they do and jump on for the ride and use an intelligently placed stop.
Reply
Trader#7EDD
Aug 14, 2025 11:44am
Permalink
Quoting TraderTero
The sh1t is starting to hit the fan. Eagerly waiting for DT's comments and who needs to resign.
President Trump already said....hahahahahahahahahahahahahahahahahahahahhahahahahahahahahaah
Reply
Trader#DB3E
Aug 14, 2025 3:37pm
Permalink
Quoting Trader#F3A2
That is not inflation. President Trump already said foreign countries will eat the Traiff
Has Chump rag dolled your head into the bedhead for too long while he's plowing into your shoot?

I export to the US, you know how much this has cost me... 0

How much has this cost you, the dumb ass American Consumer? Ask Chumpy boah
Reply
Trader#F3A2
Aug 14, 2025 8:14am
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That is not inflation. President Trump already said foreign countries will eat the Traiff
Reply
Trader#CB20
Aug 14, 2025 8:30am
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No one believes the numbers, government data seems to just be wrong now. You can’t have that much inflation in warehouse and transportation, it is the opposite of current reality.
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Trader#B920
Aug 14, 2025 8:32am
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Sticks up on the week
Bond yields down on the week
Today’s number is seen as incorrect, they believe cpi more
Reply
Trader#A5EA
Aug 14, 2025 8:51am
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If this news was real then equities would not be unchanged on the day. Believe your chart not news that makes no sense.
Reply
Trader#29A2
Aug 14, 2025 9:02am
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Anyone that trades fundamentals, is mental. Price is, and always has been, the only reliable indicator.
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Trader#29A2
Aug 14, 2025 9:04am
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Especially the editorial nonsense posted here, this place is like a Junior High trading club.
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Trader#CD9B
Aug 14, 2025 9:08am
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No worries. When EJ starts in BLS, this fake data will be revised. lol
Reply
Trader#B749
Aug 14, 2025 9:10am
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Quoting Trader#29A2
Especially the editorial nonsense posted here, this place is like a Junior High trading club.
Jr High ?? You are giving them too much credit !
Reply

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