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 |
|---|---|---|---|
| Oct 22, 2026 | — | 4.70 | — |
| Sep 16, 2026 | 4.40 | 4.50 | -0.10 |
| Aug 19, 2026 | 4.00 | 3.00 | +1.00 |
| Jul 21, 2026 | 3.50 | 5.60 | -2.10 |
| Jun 17, 2026 | 5.80 | 3.40 | +2.40 |
| May 20, 2026 | 2.70 | 1.70 | +1.00 |
| Apr 15, 2026 | 1.50 | 1.70 | -0.20 |
| Mar 18, 2026 | 1.40 | 1.50 | -0.10 |
| Feb 18, 2026 | 1.60 | 1.70 | -0.10 |
| Jan 22, 2026 | 1.90 | 1.00 | +0.90 |
| Jan 21, 2026 | 1.90 | 1.00 | +0.90 |
| Dec 19, 2025 | 1.30 | 1.00 | +0.30 |
| Dec 17, 2025 | 1.30 | 1.00 | +0.30 |
| Nov 19, 2025 | 1.40 | 3.40 | -2.00 |
| Oct 22, 2025 | 3.20 | 1.40 | +1.80 |
| Sep 17, 2025 | 3.00 | 2.70 | +0.30 |
| Aug 20, 2025 | 3.80 | 4.30 | -0.50 |
| Jul 16, 2025 | 5.90 | 7.00 | -1.10 |
| Jun 18, 2025 | 10.20 | 17.00 | -6.80 |
| May 21, 2025 | 18.50 | 22.80 | -4.30 |
| Apr 16, 2025 | 24.40 | 26.00 | -1.60 |
| Mar 19, 2025 | 27.60 | 27.30 | +0.30 |
| Feb 19, 2025 | 28.50 | — | — |
| Jan 22, 2025 | 26.10 | 30.00 | -3.90 |
| Dec 18, 2024 | 26.90 | 34.00 | -7.10 |
| Nov 20, 2024 | 33.00 | 28.00 | +5.00 |
| Oct 16, 2024 | 30.40 | 27.00 | +3.40 |
| Sep 18, 2024 | 33.20 | 28.00 | +5.20 |
| Aug 21, 2024 | 29.10 | 27.00 | +2.10 |
| Jul 17, 2024 | 25.90 | 22.50 | +3.40 |
| Jun 19, 2024 | 23.60 | — | — |
| May 15, 2024 | 16.80 | 19.00 | -2.20 |
| Apr 17, 2024 | 16.50 | 14.50 | +2.00 |
| Mar 20, 2024 | 12.10 | 16.00 | -3.90 |
| Feb 21, 2024 | 17.40 | 15.00 | +2.40 |
| Jan 17, 2024 | 18.20 | 3.40 | +14.80 |
| Dec 20, 2023 | 2.00 | 5.00 | -3.00 |
| Nov 22, 2023 | 9.60 | 24.00 | -14.40 |
| Oct 18, 2023 | 25.10 | 28.50 | -3.40 |
The latest reading is within its usual range, less than one standard deviation from the mean.