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 20, 2026 | 7.70 | 8.50 | -0.80 |
| Jul 21, 2026 | 8.50 | 8.20 | +0.30 |
| Jun 18, 2026 | 8.60 | 7.20 | +1.40 |
| May 20, 2026 | 7.20 | 5.00 | +2.20 |
| Apr 21, 2026 | 4.10 | 4.00 | +0.10 |
| Mar 23, 2026 | 2.40 | 1.80 | +0.60 |
| Feb 23, 2026 | 1.90 | 1.70 | +0.20 |
| Jan 19, 2026 | 1.90 | 1.70 | +0.20 |
| Dec 18, 2025 | 1.90 | 1.70 | +0.20 |
| Nov 20, 2025 | 1.50 | 1.30 | +0.20 |
| Oct 21, 2025 | 1.20 | 0.90 | +0.30 |
| Sep 22, 2025 | 0.60 | 0.30 | +0.30 |
| Aug 20, 2025 | 0.50 | 0.40 | +0.10 |
| Jul 21, 2025 | 0.50 | 0.50 | 0.00 |
| Jun 19, 2025 | 0.30 | 1.00 | -0.70 |
| May 22, 2025 | 0.90 | 1.10 | -0.20 |
| Apr 21, 2025 | 1.30 | 2.20 | -0.90 |
| Mar 20, 2025 | 1.50 | 1.80 | -0.30 |
| Feb 19, 2025 | 1.70 | 1.80 | -0.10 |
| Jan 20, 2025 | 1.70 | 1.50 | +0.20 |
| Dec 19, 2024 | 1.40 | 1.10 | +0.30 |
| Nov 19, 2024 | 1.00 | 0.90 | +0.10 |
| Oct 21, 2024 | 1.00 | 1.30 | -0.30 |
| Sep 23, 2024 | 1.60 | 2.10 | -0.50 |
| Aug 20, 2024 | 2.60 | 2.60 | 0.00 |
| Jul 22, 2024 | 2.50 | 2.60 | -0.10 |
| Jun 20, 2024 | 2.30 | 2.10 | +0.20 |
| May 21, 2024 | 1.80 | 1.70 | +0.10 |
| Apr 22, 2024 | 1.60 | 1.80 | -0.20 |
| Mar 21, 2024 | 1.50 | 1.50 | 0.00 |
| Feb 20, 2024 | 1.30 | 1.50 | -0.20 |
| Jan 22, 2024 | 1.20 | 1.00 | +0.20 |
| Dec 20, 2023 | 0.60 | 0.70 | -0.10 |
| Nov 20, 2023 | 0.80 | 1.10 | -0.30 |
| Oct 23, 2023 | 1.30 | 0.90 | +0.40 |
| Sep 19, 2023 | 1.00 | 0.10 | +0.90 |
| Aug 23, 2023 | -0.20 | -0.40 | +0.20 |
| Jul 20, 2023 | -0.20 | 0.10 | -0.30 |
| Jun 20, 2023 | 0.60 | 0.50 | +0.10 |
| May 24, 2023 | 1.60 | 2.30 | -0.70 |
| Apr 20, 2023 | 3.30 | 4.50 | -1.20 |
| Mar 20, 2023 | 4.80 | 4.80 | 0.00 |
| Feb 22, 2023 | 5.10 | 5.80 | -0.70 |
| Jan 19, 2023 | 6.00 | 5.90 | +0.10 |
| Dec 21, 2022 | 6.30 | 7.00 | -0.70 |
| Nov 23, 2022 | 7.30 | 7.80 | -0.50 |
| Oct 20, 2022 | 8.00 | 8.30 | -0.30 |
| Sep 22, 2022 | 8.40 | 8.90 | -0.50 |
| Aug 24, 2022 | 9.20 | 9.80 | -0.60 |
| Jul 21, 2022 | 9.90 | 8.60 | +1.30 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 21, 2026 | 8.60 | 8.50 | -0.10 ↓ |
| Jun 18, 2026 | 8.50 | 8.60 | +0.10 ↑ |
| May 20, 2026 | 6.90 | 7.20 | +0.30 ↑ |
