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 18, 2026 | — | 6.70 | — |
| Aug 18, 2026 | 5.80 | 5.40 | +0.40 |
| Jul 20, 2026 | 5.00 | 3.80 | +1.20 |
| Jun 18, 2026 | 5.10 | 4.90 | +0.20 |
| May 19, 2026 | 3.80 | 2.70 | +1.10 |
| Apr 20, 2026 | 0.00 | -0.80 | +0.80 |
| Mar 18, 2026 | -3.50 | -2.00 | -1.50 |
| Feb 19, 2026 | -2.10 | -1.80 | -0.30 |
| Jan 20, 2026 | -3.20 | -3.20 | 0.00 |
| Dec 18, 2025 | -3.30 | -2.70 | -0.60 |
| Nov 19, 2025 | -2.80 | -4.00 | +1.20 |
| Oct 17, 2025 | -3.70 | -3.70 | 0.00 |
| Sep 18, 2025 | -4.30 | -3.60 | -0.70 |
| Aug 20, 2025 | -3.70 | -3.30 | -0.40 |
| Jul 17, 2025 | -3.00 | -3.60 | +0.60 |
| Jun 20, 2025 | -3.10 | -3.60 | +0.50 |
| May 20, 2025 | -2.70 | -1.90 | -0.80 |
| Apr 17, 2025 | -1.40 | -0.10 | -1.30 |
| Mar 19, 2025 | -0.40 | -0.40 | 0.00 |
| Feb 18, 2025 | -0.30 | 1.50 | -1.80 |
| Jan 17, 2025 | 1.60 | 2.20 | -0.60 |
| Dec 18, 2024 | 1.10 | 0.30 | +0.80 |
| Nov 20, 2024 | 0.10 | 1.10 | -1.00 |
| Oct 17, 2024 | 0.90 | 1.70 | -0.80 |
| Sep 18, 2024 | 2.00 | 1.80 | +0.20 |
| Aug 20, 2024 | 1.90 | 2.30 | -0.40 |
| Jul 17, 2024 | 2.00 | 1.90 | +0.10 |
| Jun 20, 2024 | 0.70 | 3.80 | -3.10 |
| May 20, 2024 | 0.80 | -0.60 | +1.40 |
| Apr 17, 2024 | -1.40 | -1.60 | +0.20 |
| Mar 22, 2024 | -2.30 | -5.30 | +3.00 |
| Feb 19, 2024 | -4.30 | -4.60 | +0.30 |
| Jan 18, 2024 | -4.40 | -5.50 | +1.10 |
| Dec 20, 2023 | -6.20 | -4.20 | -2.00 |
| Nov 20, 2023 | -5.00 | -4.70 | -0.30 |
| Oct 19, 2023 | -5.20 | -4.80 | -0.40 |
| Sep 19, 2023 | -5.20 | — | — |
| Aug 18, 2023 | -6.70 | — | — |
| Jul 19, 2023 | -5.80 | — | — |
| Jun 20, 2023 | -3.50 | — | — |
| May 18, 2023 | -0.90 | — | — |
| Apr 20, 2023 | 0.20 | — | — |
| Mar 16, 2023 | 8.80 | — | — |
| Feb 17, 2023 | 9.90 | — | — |
| Jan 17, 2023 | 10.60 | — | — |
| Dec 20, 2022 | 14.10 | — | — |
| Nov 17, 2022 | 16.20 | — | — |
| Oct 19, 2022 | 19.60 | — | — |
| Sep 19, 2022 | 22.40 | — | — |
| Aug 17, 2022 | 24.80 | — | — |
| Jul 18, 2022 | 25.70 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 20, 2026 | 5 | 5 | 0 ↓ |
