The White House recently announced a notable decrease in wholesale prices, as indicated by the Producer Price Index (PPI), which reported a year-over-year increase of 2.6% for August, significantly lower than the expected 3.3%. This drop in wholesale prices occurred despite the enforcement of tariffs, which the administration asserts have not negatively affected consumer prices as previously anticipated. Economists have responded positively to this unexpected data, suggesting that the impact of inflation on consumers may be less severe than initially believed, along with reports of increasing optimism among small businesses.

Original: article