On September 11, 2019, the Bureau of Labor Statistics announced producer price inflation data for the month of August. Final demand prices rose 0.1% in August, compared to an increase of 0.2% in July and 0.1% in June. The Core rate, excluding food and energy, rose 0.4% in August, after a 0.1% decline in July.
For the 12 months ending August, 2019, the final demand index rose 1.8% while the Core rate rose 1.9%. Overall, the intermediate goods and services sectors have avoided an inflation breakout and appear to be free of immediate price pressures.