The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output over a 12-month period. It is a leading indicator of consumer inflation because when producers pay more for goods and services, they are likely to pass those higher costs on to consumers. This annual perspective helps smooth out monthly volatility and reveals long-term inflationary trends in the production sector.
The PPI is calculated by comparing the current prices of a fixed basket of goods at the first stage of commercial transaction to the prices from the same month in the previous year.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 31, 2026 | 3.60 | 2.50 | +1.10 |
| May 1, 2026 | 3.00 | 4.10 | -1.10 |
| Jan 30, 2026 | 3.50 | 3.30 | +0.20 |
| Oct 31, 2025 | 3.50 | 3.20 | +0.30 |
| Aug 1, 2025 | 3.40 | 3.50 | -0.10 |
| May 2, 2025 | 3.70 | 3.40 | +0.30 |
| Jan 31, 2025 | 3.70 | 3.60 | +0.10 |
| Nov 1, 2024 | 3.90 | 3.90 | 0.00 |
| Aug 2, 2024 | 4.80 | 4.50 | +0.30 |
| Apr 26, 2024 | 4.30 | 2.60 | +1.70 |
| Feb 2, 2024 | 4.10 | 3.70 | +0.40 |
| Oct 27, 2023 | 3.80 | 2.00 | +1.80 |
| Jul 28, 2023 | 3.90 | 2.90 | +1.00 |
| Apr 28, 2023 | 5.20 | 5.00 | +0.20 |
| Jan 27, 2023 | 5.80 | 5.90 | -0.10 |
| Oct 28, 2022 | 6.40 | 6.50 | -0.10 |
| Jul 29, 2022 | 5.60 | 5.30 | +0.30 |
| Apr 29, 2022 | 4.90 | 4.00 | +0.90 |
| Jan 28, 2022 | 3.70 | 3.10 | +0.60 |
| Oct 29, 2021 | 2.90 | 2.50 | +0.40 |
