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 2, 2026 | — | 5.90 | — |
| Jul 30, 2026 | 5.80 | 5.40 | +0.40 |
| Jun 30, 2026 | 7.30 | 7.90 | -0.60 |
| May 28, 2026 | 6.80 | 9.10 | -2.30 |
| Apr 28, 2026 | 4.20 | 0.80 | +3.40 |
| Mar 30, 2026 | -2.70 | -1.80 | -0.90 |
| Mar 10, 2026 | -1.60 | -2.30 | +0.70 |
| Jan 30, 2026 | -1.40 | -0.30 | -1.10 |
| Dec 22, 2025 | -0.20 | -0.60 | +0.40 |
| Dec 2, 2025 | 0.10 | 0.80 | -0.70 |
| Oct 29, 2025 | 1.10 | 0.60 | +0.50 |
| Sep 30, 2025 | 0.20 | 1.30 | -1.10 |
| Sep 2, 2025 | 1.60 | 2.90 | -1.30 |
| Jul 31, 2025 | 2.50 | 0.60 | +1.90 |
| Jun 27, 2025 | 1.70 | 1.60 | +0.10 |
| May 30, 2025 | 2.60 | 3.80 | -1.20 |
| Apr 30, 2025 | 3.90 | 2.80 | +1.10 |
| Mar 28, 2025 | 6.20 | 5.80 | +0.40 |
| Mar 10, 2025 | 4.40 | 0.50 | +3.90 |
| Jan 31, 2025 | 1.10 | 0.50 | +0.60 |
| Dec 20, 2024 | -0.50 | -1.80 | +1.30 |
| Nov 28, 2024 | -2.80 | -3.70 | +0.90 |
| Oct 30, 2024 | -2.00 | 1.00 | -3.00 |
| Sep 27, 2024 | -0.80 | -0.50 | -0.30 |
| Sep 2, 2024 | -1.10 | -2.20 | +1.10 |
| Jul 31, 2024 | -2.50 | -7.50 | +5.00 |
| Jun 27, 2024 | -3.50 | -5.50 | +2.00 |
| May 30, 2024 | -5.90 | -6.40 | +0.50 |
| May 2, 2024 | -9.60 | -9.70 | +0.10 |
| Mar 28, 2024 | -10.80 | -9.50 | -1.30 |
| Mar 8, 2024 | -10.70 | -9.00 | -1.70 |
| Jan 30, 2024 | -16.00 | -14.80 | -1.20 |
| Dec 21, 2023 | -12.60 | -11.40 | -1.20 |
| Nov 29, 2023 | -9.50 | -10.60 | +1.10 |
| Oct 31, 2023 | -14.10 | -14.30 | +0.20 |
| Sep 28, 2023 | -12.20 | -12.20 | 0.00 |
| Sep 1, 2023 | -10.20 | -9.90 | -0.30 |
| Jul 28, 2023 | -5.50 | -6.40 | +0.90 |
| Jun 28, 2023 | -4.30 | -9.40 | +5.10 |
| May 30, 2023 | -1.50 | 4.00 | -5.50 |
| May 2, 2023 | 3.80 | 1.80 | +2.00 |
| Mar 30, 2023 | 9.60 | 11.50 | -1.90 |
| Mar 10, 2023 | 11.10 | 32.30 | -21.20 |
| Jan 30, 2023 | 31.70 | 29.00 | +2.70 |
| Dec 22, 2022 | 29.40 | 24.50 | +4.90 |
| Nov 29, 2022 | 28.00 | 36.90 | -8.90 |
| Oct 28, 2022 | 41.80 | 42.30 | -0.50 |
| Sep 29, 2022 | 40.10 | 39.20 | +0.90 |
| Aug 31, 2022 | 36.90 | 33.60 | +3.30 |
| Jul 29, 2022 | 34.10 | 36.10 | -2.00 |
| Jun 30, 2022 | 34.60 | 40.20 | -5.60 |
