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 | 2.80 | 2.30 | +0.50 |
| Jul 20, 2026 | 1.90 | 1.60 | +0.30 |
| Jun 22, 2026 | 2.40 | 2.50 | -0.10 |
| May 21, 2026 | 2.10 | -0.10 | +2.20 |
| Apr 21, 2026 | 1.20 | -0.10 | +1.30 |
| Mar 19, 2026 | -2.30 | -2.40 | +0.10 |
| Feb 19, 2026 | -2.60 | -2.30 | -0.30 |
| Jan 22, 2026 | -2.50 | -2.20 | -0.30 |
| Dec 18, 2025 | -2.40 | -2.50 | +0.10 |
| Nov 24, 2025 | -2.20 | -1.80 | -0.40 |
| Oct 20, 2025 | -1.20 | -1.00 | -0.20 |
| Sep 18, 2025 | -1.20 | -0.90 | -0.30 |
| Aug 21, 2025 | -1.20 | -1.40 | +0.20 |
| Jul 21, 2025 | -1.80 | -1.70 | -0.10 |
| Jun 23, 2025 | -1.50 | -1.40 | -0.10 |
| May 21, 2025 | -1.40 | -1.50 | +0.10 |
| Apr 22, 2025 | -1.10 | -1.10 | 0.00 |
| Mar 20, 2025 | -1.30 | -1.20 | -0.10 |
| Feb 20, 2025 | -0.90 | -0.50 | -0.40 |
| Jan 22, 2025 | -2.60 | -2.40 | -0.20 |
| Dec 19, 2024 | -3.70 | -3.90 | +0.20 |
| Nov 25, 2024 | -5.20 | -5.50 | +0.30 |
| Oct 21, 2024 | -6.30 | -5.70 | -0.60 |
| Sep 19, 2024 | -5.10 | -4.80 | -0.30 |
| Aug 21, 2024 | -4.80 | -5.00 | +0.20 |
| Jul 18, 2024 | -6.10 | -6.30 | +0.20 |
| Jun 20, 2024 | -7.00 | -7.00 | 0.00 |
| May 22, 2024 | -8.60 | -8.30 | -0.30 |
| Apr 22, 2024 | -9.60 | -9.50 | -0.10 |
| Mar 20, 2024 | -10.10 | -8.70 | -1.40 |
| Feb 20, 2024 | -9.00 | -8.30 | -0.70 |
| Jan 19, 2024 | -6.40 | -5.70 | -0.70 |
| Dec 20, 2023 | -4.70 | -3.80 | -0.90 |
| Nov 21, 2023 | -4.10 | -3.50 | -0.60 |
| Oct 19, 2023 | -2.80 | -2.80 | 0.00 |
| Sep 20, 2023 | -2.80 | -2.60 | -0.20 |
| Aug 21, 2023 | -1.70 | -1.10 | -0.60 |
| Jul 20, 2023 | 0.50 | 0.70 | -0.20 |
| Jun 21, 2023 | 3.10 | 4.60 | -1.50 |
| May 22, 2023 | 6.80 | 7.00 | -0.20 |
| Apr 24, 2023 | 10.10 | 11.00 | -0.90 |
| Mar 20, 2023 | 18.40 | 17.70 | +0.70 |
| Feb 20, 2023 | 18.50 | 18.50 | 0.00 |
| Jan 23, 2023 | 20.40 | 19.40 | +1.00 |
| Dec 20, 2022 | 20.80 | 21.10 | -0.30 |
| Nov 22, 2022 | 22.90 | 23.50 | -0.60 |
| Oct 20, 2022 | 24.60 | 25.50 | -0.90 |
| Sep 20, 2022 | 25.50 | 24.50 | +1.00 |
| Aug 19, 2022 | 24.90 | 25.30 | -0.40 |
| Jul 20, 2022 | 25.60 | 25.00 | +0.60 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 20, 2026 | 1.70 | 1.90 | +0.20 ↑ |
| May 21, 2026 | 1.90 | 2.10 | +0.20 ↑ |
| Apr 21, 2026 | -0.80 | 1.20 | +2 ↑ |
