The reading has fallen in each of the last 3 releases.
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 |
|---|---|---|---|
| Nov 3, 2026 | — | 6.50 | — |
| Oct 5, 2026 | 3.47 | 3.60 | -0.13 |
| Sep 3, 2026 | 3.64 | 5.80 | -2.16 |
| Aug 17, 2026 | 5.30 | 6.40 | -1.10 |
| Jul 3, 2026 | 6.70 | 0.30 | +6.40 |
| Jul 2, 2026 | 5.80 | -0.70 | +6.50 |
| May 4, 2026 | -1.66 | -1.30 | -0.36 |
| Apr 6, 2026 | -2.57 | -1.70 | -0.87 |
| Mar 3, 2026 | -2.89 | -1.60 | -1.29 |
| Feb 3, 2026 | -1.33 | -0.50 | -0.83 |
| Jan 5, 2026 | -0.69 | -0.60 | -0.09 |
| Jan 2, 2026 | -0.69 | -0.60 | -0.09 |
| Dec 3, 2025 | -0.87 | -0.40 | -0.47 |
| Nov 3, 2025 | -1.80 | 0.80 | -2.60 |
| Oct 6, 2025 | -0.75 | 0.10 | -0.85 |
| Sep 4, 2025 | -0.88 | -0.30 | -0.58 |
| Aug 8, 2025 | -0.18 | -2.00 | +1.82 |
| Jul 3, 2025 | -1.39 | -1.00 | -0.39 |
| Jun 3, 2025 | -0.75 | -0.50 | -0.25 |
| May 4, 2025 | -0.38 | 2.00 | -2.38 |
| Apr 7, 2025 | -0.17 | 0.60 | -0.77 |
| Mar 6, 2025 | 0.23 | -0.40 | +0.63 |
| Feb 6, 2025 | -0.98 | 2.20 | -3.18 |
| Jan 22, 2025 | -1.12 | -1.80 | +0.68 |
| Dec 3, 2024 | -2.11 | 0.40 | -2.51 |
| Nov 5, 2024 | -0.43 | 0.90 | -1.33 |
| Oct 8, 2024 | 0.66 | 1.20 | -0.54 |
| Sep 5, 2024 | 1.93 | 0.20 | +1.73 |
| Aug 5, 2024 | 0.40 | 0.20 | +0.20 |
| Jul 4, 2024 | 0.14 | -0.90 | +1.04 |
| Jun 5, 2024 | -0.66 | -1.60 | +0.94 |
| May 8, 2024 | -1.42 | 0.50 | -1.92 |
| Apr 2, 2024 | -1.80 | -0.70 | -1.10 |
| Mar 12, 2024 | -1.40 | -2.10 | +0.70 |
| Feb 12, 2024 | -3.20 | -2.30 | -0.90 |
| Jan 26, 2024 | -2.90 | -2.00 | -0.90 |
| Dec 18, 2023 | -2.40 | -3.50 | +1.10 |
| Nov 10, 2023 | -4.70 | -7.20 | +2.50 |
| Oct 20, 2023 | -8.40 | -9.10 | +0.70 |
The latest reading is 1.4 standard deviations above the mean.
