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 |
|---|---|---|---|
| Aug 20, 2026 | 12.40 | 12.00 | +0.40 |
| Jul 24, 2026 | 12.40 | 12.80 | -0.40 |
| Jun 18, 2026 | 13.60 | 14.00 | -0.40 |
| May 22, 2026 | 11.10 | 10.00 | +1.10 |
| Apr 23, 2026 | 7.80 | 6.50 | +1.30 |
| Mar 20, 2026 | 5.40 | 5.50 | -0.10 |
| Feb 20, 2026 | 5.40 | 4.40 | +1.00 |
| Jan 21, 2026 | 4.90 | 5.90 | -1.00 |
| Dec 22, 2025 | 6.10 | 5.20 | +0.90 |
| Nov 20, 2025 | 6.00 | 5.60 | +0.40 |
| Oct 20, 2025 | 5.50 | 4.60 | +0.90 |
| Sep 22, 2025 | 4.00 | 4.30 | -0.30 |
| Aug 21, 2025 | 2.60 | 1.90 | +0.70 |
| Jul 21, 2025 | 1.70 | 2.50 | -0.80 |
| Jun 20, 2025 | 1.20 | 2.30 | -1.10 |
| May 22, 2025 | 2.00 | 2.70 | -0.70 |
| Apr 22, 2025 | 4.70 | 4.50 | +0.20 |
| Mar 20, 2025 | 4.90 | 5.00 | -0.10 |
| Feb 20, 2025 | 5.80 | 4.30 | +1.50 |
| Jan 22, 2025 | 4.10 | 2.40 | +1.70 |
| Dec 23, 2024 | 2.20 | 1.70 | +0.50 |
| Nov 21, 2024 | 1.10 | 0.10 | +1.00 |
| Oct 22, 2024 | -0.90 | 1.10 | -2.00 |
| Sep 20, 2024 | 0.20 | 2.70 | -2.50 |
| Aug 21, 2024 | 2.90 | 3.00 | -0.10 |
| Jul 19, 2024 | 2.80 | 1.80 | +1.00 |
| Jun 21, 2024 | 1.80 | 1.80 | 0.00 |
| May 28, 2024 | 1.40 | -0.50 | +1.90 |
| Apr 22, 2024 | -0.50 | -1.30 | +0.80 |
| Mar 18, 2024 | -1.70 | -2.00 | +0.30 |
| Feb 19, 2024 | -2.90 | -2.70 | -0.20 |
| Jan 17, 2024 | -2.70 | -1.90 | -0.80 |
| Dec 19, 2023 | -2.30 | -1.00 | -1.30 |
| Nov 17, 2023 | -2.70 | -1.20 | -1.50 |
| Oct 19, 2023 | 0.60 | 0.40 | +0.20 |
| Sep 18, 2023 | -0.50 | -0.80 | +0.30 |
| Aug 18, 2023 | -2.70 | -6.30 | +3.60 |
| Jul 18, 2023 | -5.50 | -8.30 | +2.80 |
| Jun 19, 2023 | -6.30 | -5.80 | -0.50 |
| May 23, 2023 | -3.50 | -5.60 | +2.10 |
| Apr 19, 2023 | -1.80 | -2.10 | +0.30 |
| Mar 17, 2023 | 1.40 | 3.30 | -1.90 |
| Feb 17, 2023 | 5.40 | 6.80 | -1.40 |
| Jan 18, 2023 | 7.60 | 9.20 | -1.60 |
| Dec 19, 2022 | 9.70 | 11.00 | -1.30 |
| Nov 18, 2022 | 10.10 | 7.80 | +2.30 |
| Oct 19, 2022 | 9.00 | 8.50 | +0.50 |
| Sep 19, 2022 | 10.60 | 10.00 | +0.60 |
| Aug 18, 2022 | 11.90 | 12.00 | -0.10 |
| Jul 20, 2022 | 14.30 | 17.00 | -2.70 |
| Date | First print | Current | Revision |
|---|---|---|---|
| May 22, 2026 | 11.4 | 11.1 | -0.30 ↓ |
