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 28, 2026 | 33.40 | 28.50 | +4.90 |
| Jul 29, 2026 | 29.80 | 33.00 | -3.20 |
| Jun 29, 2026 | 34.10 | 35.00 | -0.90 |
| May 29, 2026 | 32.10 | 24.00 | +8.10 |
| Apr 29, 2026 | 21.60 | -1.80 | +23.40 |
| Mar 27, 2026 | -2.90 | -3.00 | +0.10 |
| Feb 27, 2026 | -6.00 | -4.00 | -2.00 |
| Jan 29, 2026 | -3.30 | 1.80 | -5.10 |
| Dec 29, 2025 | 2.20 | 3.60 | -1.40 |
| Nov 28, 2025 | 2.90 | 4.00 | -1.10 |
| Oct 29, 2025 | 3.70 | 1.20 | +2.50 |
| Sep 29, 2025 | 1.10 | -1.00 | +2.10 |
| Aug 29, 2025 | -2.40 | -3.20 | +0.80 |
| Jul 29, 2025 | -3.70 | -4.40 | +0.70 |
| Jun 27, 2025 | -3.90 | -1.30 | -2.60 |
| May 29, 2025 | -1.10 | 2.00 | -3.10 |
| Apr 29, 2025 | 3.90 | 4.20 | -0.30 |
| Mar 28, 2025 | 5.10 | 5.90 | -0.80 |
| Feb 28, 2025 | 5.50 | 3.00 | +2.50 |
| Jan 28, 2025 | 1.50 | -4.60 | +6.10 |
| Dec 27, 2024 | -3.00 | -3.20 | +0.20 |
| Nov 29, 2024 | -5.30 | -6.50 | +1.20 |
| Oct 29, 2024 | -7.10 | 1.30 | -8.40 |
| Sep 30, 2024 | -3.00 | 1.50 | -4.50 |
| Aug 29, 2024 | 1.80 | 5.00 | -3.20 |
| Jul 29, 2024 | 4.30 | 4.00 | +0.30 |
| Jun 28, 2024 | 2.60 | 0.70 | +1.90 |
| May 29, 2024 | -0.10 | 0.30 | -0.40 |
| Apr 29, 2024 | -1.60 | 4.20 | -5.80 |
| Mar 28, 2024 | -2.80 | 0.90 | -3.70 |
| Feb 29, 2024 | -3.00 | 0.30 | -3.30 |
| Jan 29, 2024 | -1.10 | -1.10 | 0.00 |
| Dec 29, 2023 | -2.80 | -1.50 | -1.30 |
| Nov 29, 2023 | -2.20 | 0.20 | -2.40 |
| Oct 27, 2023 | -0.40 | -3.00 | +2.60 |
| Sep 29, 2023 | -3.70 | -5.00 | +1.30 |
| Aug 29, 2023 | -8.90 | -9.00 | +0.10 |
| Jul 28, 2023 | -14.30 | -10.60 | -3.70 |
| Jun 28, 2023 | -15.30 | -12.40 | -2.90 |
| May 29, 2023 | -11.40 | -12.00 | +0.60 |
| Apr 28, 2023 | -11.30 | -5.50 | -5.80 |
| Mar 29, 2023 | -4.70 | -2.40 | -2.30 |
| Feb 28, 2023 | -1.60 | 2.30 | -3.90 |
| Jan 27, 2023 | 2.40 | 5.90 | -3.50 |
| Dec 29, 2022 | 6.10 | 7.00 | -0.90 |
| Nov 29, 2022 | 8.50 | 11.00 | -2.50 |
| Oct 28, 2022 | 12.70 | 16.00 | -3.30 |
| Sep 29, 2022 | 17.30 | 17.00 | +0.30 |
| Aug 29, 2022 | 19.00 | 26.00 | -7.00 |
| Jul 29, 2022 | 28.00 | 32.80 | -4.80 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 29, 2026 | 30.3 | 29.8 | -0.50 ↓ |
| Jun 29, 2026 | 34.2 | 34.1 | -0.10 ↓ |
| May 29, 2026 | 31.6 | 32.1 | +0.50 ↑ |
