U.S. producer prices jump in July amid Trump tariff impact
Wholesale prices surged 0.9% in July, the biggest jump in over three years.
- By: Paul Wiseman, The Associated Press
- August 14, 2025 August 14, 2025
- 12:45
Wholesale prices surged 0.9% in July, the biggest jump in over three years.
Industry says trade barriers have not severely hurt operations
Claims decline, signalling steady labour market
RBC estimates the effective tariff rate on Canadian goods is about 6%
Minutes show central bank considering delayed effect of rate cuts
The debt is estimated to grow by another trillion dollars in six months
Stagflationary effects will hit the U.S. hardest, Canada and Mexico at risk too
ETF and mutual fund managers are using this moving target to boost bond returns
New levy to hurt U.S. consumers, unlikely to revive production: Desjardins
The move comes after Canada imposed a 100% tariff on Chinese electric vehicles in October
Move delays potential tariff hikes as leaders seek broader deal
Bank announces senior leadership shuffle ahead of Harry Culham’s promotion to CEO
Tariffs keep core inflation high as gas and grocery prices ease
Overseas trips, foreign visitors rise amid decline in cross-border travel
The deadline is expected to be extended for another 90 days
Prices were up in all 15 census metropolitan areas measured, with Quebec leading at 3%
The economy lost 51,000 full-time positions in July, mostly in the private sector
Household income growth rates slow alongside GDP
Big negative revisions in trade-exposed sectors points to economic fallout from tariffs
Weekly claims rise by 7,000, but still within historically low range
Economists believe the impact of tariffs will emerge gradually, over the months ahead
The Monetary Policy Committee voted 5–4 in favour of the move