# Why Import Prices Are Spiking Despite Falling Wholesale Costs Page: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-import-prices-are-spiking-despite-falling-wholesale-costs Text version: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-import-prices-are-spiking-despite-falling-wholesale-costs.md Podcast: [Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data](https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725) Published: 2026-07-18T05:54:43+00:00 Episode link: https://audio.fexingo.com/business/economic-indicators/episode-0121.mp3 Audio file: https://audio.fexingo.com/business/economic-indicators/episode-0121.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-import-prices-are-spiking-despite-falling-wholesale-costs Duration seconds: 574 ## Resource Episode 121 of Economic Indicators with Fexingo. Lucas and Luna dig into a puzzle: wholesale prices fell 0.3% in June on a steep drop in gasoline, yet import prices just posted a surprise gain — with costs of goods from China hitting their highest since 2008. They unpack how the two measures differ, what the data says about supply-chain pressures and domestic demand, and why the Fed might be more worried about imported inflation than the headline CPI suggests. Along the way they discuss the World Cup boost for bars and restaurants, the recent dip in CPI to 332.6, and what the 10-year breakeven rate of 2.24% implies for inflation expectations. A concise guide to reading past the headlines in mid-2026. #ImportPrices #WholesalePrices #CPI #Inflation #ChinaTrade #FedPolicy #SupplyChain #WorldCup #ConsumerSpending #BreakevenRate #GasolinePrices #Economics #EconomicIndicators #Podcast #FexingoBusiness #BusinessPodcast #MacroData #ServicesInflation Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-import-prices-are-spiking-despite-falling-wholesale-costs/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-import-prices-are-spiking-despite-falling-wholesale-costs.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.