Producer Prices just increased by 0.1% in June, reversing a three-month downward trend. Despite the slight increase, produce prices indicated overall decreasing firm costs. Prices for intermediate and crude goods decreased compared to the change in May and last year.
Prices for finished goods have increased at the same rate for four months. The change in these goods from a year ago is less than 1% and was last seen at that level in 2009.
Read the BLS release.