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 |
|---|---|---|---|
| Sep 24, 2026 | — | 6.60 | — |
| Aug 24, 2026 | 6.90 | 6.80 | +0.10 |
| Jul 24, 2026 | 6.70 | 7.10 | -0.40 |
| Jun 24, 2026 | 7.40 | 5.10 | +2.30 |
| May 25, 2026 | 4.60 | 3.40 | +1.20 |
| Apr 24, 2026 | 2.60 | 4.20 | -1.60 |
| Mar 24, 2026 | 3.80 | 1.50 | +2.30 |
| Feb 26, 2026 | 1.90 | -1.20 | +3.10 |
| Jan 26, 2026 | -0.80 | 0.10 | -0.90 |
| Dec 22, 2025 | 0.20 | -0.10 | +0.30 |
| Nov 24, 2025 | 0.20 | -0.10 | +0.30 |
| Oct 24, 2025 | -0.30 | 0.20 | -0.50 |
| Sep 24, 2025 | 0.10 | -1.30 | +1.40 |
| Aug 25, 2025 | -1.50 | -2.00 | +0.50 |
| Jul 24, 2025 | -1.80 | -2.30 | +0.50 |
| Jun 24, 2025 | -2.00 | -1.40 | -0.60 |
| May 26, 2025 | -1.10 | 1.10 | -2.20 |
| Apr 24, 2025 | 0.50 | 1.20 | -0.70 |
| Mar 24, 2025 | 0.70 | 0.90 | -0.20 |
| Feb 26, 2025 | 0.40 | -0.20 | +0.60 |
| Jan 24, 2025 | -0.80 | -0.40 | -0.40 |
| Dec 20, 2024 | -1.50 | -2.10 | +0.60 |
| Nov 25, 2024 | -2.30 | -2.00 | -0.30 |
| Oct 24, 2024 | -2.30 | -1.40 | -0.90 |
| Sep 24, 2024 | -2.30 | -1.50 | -0.80 |
| Aug 26, 2024 | 0.20 | 0.40 | -0.20 |
| Jul 24, 2024 | -0.30 | 6.00 | -6.30 |
| Jun 24, 2024 | -0.40 | 3.30 | -3.70 |
| May 24, 2024 | -2.10 | 0.10 | -2.20 |
| Apr 24, 2024 | -4.50 | -4.80 | +0.30 |
| Mar 25, 2024 | -5.10 | -4.20 | -0.90 |
| Feb 28, 2024 | -5.40 | -6.20 | +0.80 |
| Jan 24, 2024 | -7.60 | -7.90 | +0.30 |
| Dec 22, 2023 | -7.70 | -6.90 | -0.80 |
| Nov 24, 2023 | -8.10 | -7.60 | -0.50 |
| Oct 24, 2023 | -8.20 | -6.70 | -1.50 |
| Sep 25, 2023 | -8.40 | — | — |
| Aug 24, 2023 | -10.00 | — | — |
| Jul 24, 2023 | -9.50 | — | — |
| Jun 26, 2023 | -6.50 | — | — |
| May 24, 2023 | -0.30 | — | — |
| Apr 24, 2023 | 3.80 | — | — |
| Mar 24, 2023 | 9.20 | — | — |
| Feb 27, 2023 | 10.70 | — | — |
| Jan 24, 2023 | 14.50 | — | — |
| Dec 23, 2022 | 18.80 | — | — |
| Nov 24, 2022 | 22.30 | — | — |
| Oct 24, 2022 | 23.70 | — | — |
| Sep 26, 2022 | 27.00 | — | — |
| Aug 24, 2022 | 28.90 | — | — |
| Jul 25, 2022 | 33.90 | — | — |
