This specific Producer Price Index variant measures price changes at the producer level while excluding food, energy, and trade services. By removing trade margins, which can be highly volatile, this indicator provides an even more refined view of core inflationary pressures within the manufacturing and services sectors. It is a critical tool for central banks to gauge pure production cost inflation.
The BLS calculates this by stripping out the volatile components of food and energy, as well as the margins received by wholesalers and retailers (trade services), from the total PPI basket.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 13, 2026 | 0.40 | 0.10 | +0.30 |
| Jul 15, 2026 | 0.10 | 0.30 | -0.20 |
| Jun 11, 2026 | 0.80 | 0.30 | +0.50 |
| May 13, 2026 | 0.50 | 0.30 | +0.20 |
| Apr 14, 2026 | 0.20 | 0.40 | -0.20 |
| Mar 18, 2026 | 0.50 | 0.30 | +0.20 |
| Feb 27, 2026 | 0.30 | 0.10 | +0.20 |
| Jan 30, 2026 | 0.40 | 0.30 | +0.10 |
| Jan 14, 2026 | 0.20 | 0.20 | 0.00 |
| Nov 25, 2025 | 0.10 | 0.20 | -0.10 |
| Sep 10, 2025 | 0.30 | 0.30 | 0.00 |
| Aug 14, 2025 | 0.60 | 0.10 | +0.50 |
| Jul 16, 2025 | 0.00 | 0.30 | -0.30 |
| Jun 12, 2025 | 0.10 | 0.10 | 0.00 |
| May 15, 2025 | -0.10 | 0.10 | -0.20 |
| Apr 11, 2025 | 0.10 | 0.10 | 0.00 |
| Mar 13, 2025 | 0.20 | 0.20 | 0.00 |
| Feb 13, 2025 | 0.30 | 0.20 | +0.10 |
| Jan 14, 2025 | 0.10 | 0.30 | -0.20 |
| Dec 12, 2024 | 0.10 | 0.20 | -0.10 |
| Nov 14, 2024 | 0.30 | 0.10 | +0.20 |
| Oct 11, 2024 | 0.10 | 0.20 | -0.10 |
| Sep 12, 2024 | 0.30 | 0.30 | 0.00 |
| Aug 13, 2024 | 0.30 | -0.10 | +0.40 |
| May 14, 2024 | 0.40 | 0.20 | +0.20 |
| Apr 11, 2024 | 0.20 | 0.20 | 0.00 |
| Mar 14, 2024 | 0.40 | 0.30 | +0.10 |
| Feb 16, 2024 | 0.60 | 0.10 | +0.50 |
| Feb 14, 2024 | 0.20 | 0.20 | 0.00 |
| Jan 12, 2024 | 0.20 | 0.20 | 0.00 |
| Dec 13, 2023 | 0.10 | 0.10 | 0.00 |
| Nov 15, 2023 | 0.10 | 0.20 | -0.10 |
| Oct 11, 2023 | 0.20 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| May 13, 2026 | 0.60 | 0.50 | -0.10 ↓ |
