Latest Release Details
Sep 2026 · Released Oct 15, 2026
| Series | Actual | Forecast | Prior | Surprise |
|---|---|---|---|---|
| PPI (YoY) | 6.3% | 5.3% | 5.6% | +1.00% |
| Core PPI (YoY) | 5% | 4.4% | 4.8% | +0.60% |
| PPI (MoM) | 1.3% | 0.5% | 0.5% | +0.80% |
| Core PPI (MoM) | 0.7% | 0.3% | 0.2% | +0.40% |
PPI vs Core PPI — Year-over-Year Change
What is the Producer Price Index (PPI)?
The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output. Where the CPI tracks prices from the buyer's side, the PPI tracks them from the seller's side — making it an early read on inflation pressure moving through the supply chain.
Published monthly by the U.S. Bureau of Labor Statistics (BLS), the headline Final Demand index covers goods, services, and construction sold to personal consumption, capital investment, government, and export.
Key Measures:
- Headline PPI (YoY): Year-over-year change in final demand prices — the broadest gauge of producer inflation
- Core PPI (YoY): Excludes food and energy — strips out the most volatile components to show the underlying trend
- PPI (MoM): Month-over-month change — the current pace of wholesale price movement
- Core PPI (MoM): Month-over-month core change — watched for early shifts in pipeline inflation
Why It Matters:
- Rising producer costs often pass through to consumers, so PPI can lead changes in CPI
- Several PPI components feed directly into the PCE price index, the Fed's preferred inflation gauge
- Markets react to PPI surprises, especially when the release lands alongside CPI week
- Businesses use PPI to set price-escalation clauses in long-term sales and purchase contracts
Related: the Consumer Price Index (CPI) tracks the same inflation from the consumer side.