The ISM Manufacturing Prices Index, often called the 'Prices Paid' index, measures the change in prices paid by manufacturers for raw materials and services. It is a significant early indicator of inflationary pressures within the production chain. Rising prices in this index often signal that consumer price inflation (CPI) may follow as costs are passed on to end-users.
Surveyed purchasing managers report whether the prices they pay for a consistent basket of goods are higher, lower, or unchanged. The resulting diffusion index reflects the breadth of price changes across the industry.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 1, 2026 | 71.10 | 72.00 | -0.90 |
| Aug 3, 2026 | 71.10 | 70.30 | +0.80 |
| Jul 1, 2026 | 73.00 | 79.00 | -6.00 |
| Jun 1, 2026 | 82.10 | 85.50 | -3.40 |
| May 1, 2026 | 84.60 | 80.00 | +4.60 |
| Apr 1, 2026 | 78.30 | 73.00 | +5.30 |
| Mar 2, 2026 | 70.50 | 59.50 | +11.00 |
| Feb 2, 2026 | 59.00 | 60.50 | -1.50 |
| Jan 5, 2026 | 58.50 | 59.00 | -0.50 |
| Dec 1, 2025 | 58.50 | 59.50 | -1.00 |
| Nov 3, 2025 | 58.00 | 61.70 | -3.70 |
| Oct 1, 2025 | 61.90 | 63.20 | -1.30 |
| Sep 2, 2025 | 63.70 | 65.30 | -1.60 |
| Aug 1, 2025 | 64.80 | 70.00 | -5.20 |
| Jul 1, 2025 | 69.70 | 69.00 | +0.70 |
| Jun 2, 2025 | 69.40 | 70.20 | -0.80 |
| May 1, 2025 | 69.80 | 70.00 | -0.20 |
| Apr 1, 2025 | 69.40 | 65.00 | +4.40 |
| Mar 3, 2025 | 62.40 | 56.20 | +6.20 |
| Feb 3, 2025 | 54.90 | 52.60 | +2.30 |
| Jan 3, 2025 | 52.50 | 51.70 | +0.80 |
| Dec 2, 2024 | 50.30 | 55.20 | -4.90 |
| Nov 1, 2024 | 54.80 | 48.50 | +6.30 |
| Oct 1, 2024 | 48.30 | 53.30 | -5.00 |
| Sep 3, 2024 | 54.00 | 52.50 | +1.50 |
| Aug 1, 2024 | 52.90 | 51.80 | +1.10 |
| Jul 1, 2024 | 52.10 | 55.90 | -3.80 |
| Jun 3, 2024 | 57.00 | 60.00 | -3.00 |
| May 1, 2024 | 60.90 | 55.00 | +5.90 |
| Apr 1, 2024 | 55.80 | 52.70 | +3.10 |
| Mar 1, 2024 | 52.50 | 53.00 | -0.50 |
| Feb 1, 2024 | 52.90 | 46.90 | +6.00 |
| Jan 3, 2024 | 45.20 | 47.50 | -2.30 |
| Dec 1, 2023 | 49.90 | 45.00 | +4.90 |
| Nov 1, 2023 | 45.10 | 45.00 | +0.10 |
| Oct 2, 2023 | 43.80 | 48.60 | -4.80 |
| Sep 1, 2023 | 48.40 | 43.90 | +4.50 |
| Aug 1, 2023 | 42.60 | 42.80 | -0.20 |
| Jul 3, 2023 | 41.80 | 44.00 | -2.20 |
| Jun 1, 2023 | 44.20 | 52.00 | -7.80 |
| May 1, 2023 | 53.20 | 49.00 | +4.20 |
| Apr 3, 2023 | 49.20 | 51.00 | -1.80 |
| Mar 1, 2023 | 51.30 | 45.10 | +6.20 |
| Feb 1, 2023 | 44.50 | 39.50 | +5.00 |
| Jan 4, 2023 | 39.40 | 42.60 | -3.20 |
| Dec 1, 2022 | 43.00 | 47.50 | -4.50 |
| Nov 1, 2022 | 46.60 | 52.50 | -5.90 |
| Oct 3, 2022 | 51.70 | 51.90 | -0.20 |
| Sep 1, 2022 | 52.50 | 55.50 | -3.00 |
| Aug 1, 2022 | 60.00 | 75.00 | -15.00 |
