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 9, 2026 | 3.50 | 3.80 | -0.30 |
| Jul 9, 2026 | 4.10 | 4.10 | 0.00 |
| Jun 10, 2026 | 3.90 | 3.90 | 0.00 |
| May 11, 2026 | 2.80 | 1.50 | +1.30 |
| Apr 10, 2026 | 0.50 | 0.40 | +0.10 |
| Mar 9, 2026 | -0.90 | -1.10 | +0.20 |
| Feb 11, 2026 | -1.40 | -1.50 | +0.10 |
| Jan 9, 2026 | -1.90 | -2.00 | +0.10 |
| Dec 10, 2025 | -2.20 | -2.00 | -0.20 |
| Nov 9, 2025 | -2.10 | -2.20 | +0.10 |
| Oct 15, 2025 | -2.30 | -2.30 | 0.00 |
| Sep 10, 2025 | -2.90 | -2.90 | 0.00 |
| Aug 9, 2025 | -3.60 | -3.30 | -0.30 |
| Jul 9, 2025 | -3.60 | -3.20 | -0.40 |
| Jun 9, 2025 | -3.30 | -3.20 | -0.10 |
| May 10, 2025 | -2.70 | -2.60 | -0.10 |
| Apr 10, 2025 | -2.50 | -2.30 | -0.20 |
| Mar 9, 2025 | -2.20 | -2.10 | -0.10 |
| Feb 9, 2025 | -2.30 | -2.10 | -0.20 |
| Jan 9, 2025 | -2.30 | -2.30 | 0.00 |
| Dec 9, 2024 | -2.50 | -2.80 | +0.30 |
| Nov 9, 2024 | -2.90 | -2.50 | -0.40 |
| Oct 13, 2024 | -2.80 | -2.50 | -0.30 |
| Sep 9, 2024 | -1.80 | -1.40 | -0.40 |
| Aug 9, 2024 | -0.80 | -0.90 | +0.10 |
| Jul 10, 2024 | -0.80 | -0.80 | 0.00 |
| Jun 12, 2024 | -1.40 | -1.50 | +0.10 |
| May 11, 2024 | -2.50 | -2.30 | -0.20 |
| Apr 11, 2024 | -2.80 | -2.80 | 0.00 |
| Mar 9, 2024 | -2.70 | -2.50 | -0.20 |
| Feb 8, 2024 | -2.50 | -2.60 | +0.10 |
| Jan 12, 2024 | -2.70 | -2.60 | -0.10 |
| Dec 9, 2023 | -3.00 | -2.80 | -0.20 |
| Nov 9, 2023 | -2.60 | -2.70 | +0.10 |
| Oct 13, 2023 | -2.50 | -2.40 | -0.10 |
| Sep 9, 2023 | -3.00 | -3.00 | 0.00 |
| Aug 9, 2023 | -4.40 | -4.10 | -0.30 |
| Jul 10, 2023 | -5.40 | -5.00 | -0.40 |
| Jun 9, 2023 | -4.60 | -4.30 | -0.30 |
| May 11, 2023 | -3.60 | -3.20 | -0.40 |
| Apr 11, 2023 | -2.50 | -2.50 | 0.00 |
| Mar 9, 2023 | -1.40 | -1.30 | -0.10 |
| Feb 10, 2023 | -0.80 | -0.50 | -0.30 |
| Jan 12, 2023 | -0.70 | -0.10 | -0.60 |
| Dec 9, 2022 | -1.30 | -1.40 | +0.10 |
| Nov 9, 2022 | -1.30 | -1.50 | +0.20 |
| Oct 14, 2022 | 0.90 | 1.00 | -0.10 |
| Sep 9, 2022 | 2.30 | 3.10 | -0.80 |
| Aug 10, 2022 | 4.20 | 4.80 | -0.60 |
| Jul 9, 2022 | 6.10 | 6.00 | +0.10 |