Producer Price Index
The Producer Price Index measures the prices domestic producers receive for their output — inflation at the wholesale stage, before goods reach the consumer. Published monthly by the BLS, it is often treated as a leading indicator: cost increases at the factory gate eventually get passed through to retail prices.
Latest reading
As of June 2026, PPI (PPI YoY %) stands at 10.1% — down from 12.3% the prior reading. The year-over-year rate signals pipeline pressure building behind consumer inflation. Watch the PPI-CPI spread: when producer prices climb faster than consumer prices, businesses are absorbing costs and margins are getting squeezed. A core version that excludes food, energy, and trade services gives a cleaner read on the underlying trend. Series history runs from 1913 to present.
Sources, methodology & freshnessLast updated 2026-07-24 · Open ↓Close ↑
PPI YoY %
Next release: Aug 13, 2026
Full history
Index & YoY %
3-month annualized %
The trailing 3-month change in producer prices, annualized — the leading edge of pipeline inflation. It is volatile (goods and energy swing hard) but turns well before the year-over-year rate.
Methodology & data
PPI is sourced from BLS via the Federal Reserve's FRED service (BLS via FRED (PPIACO), monthly, seasonally adjusted). We pull the complete history, chart it on a monthly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.
Every reading is stamped with its release date, last updated 2026-07-24. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.
Frequently asked questions
What is the Producer Price Index?
The Producer Price Index measures the prices domestic producers receive for their output — inflation at the wholesale stage, before goods reach the consumer. Published monthly by the BLS, it is often treated as a leading indicator: cost increases at the factory gate eventually get passed through to retail prices.
How do you read PPI?
The year-over-year rate signals pipeline pressure building behind consumer inflation. Watch the PPI-CPI spread: when producer prices climb faster than consumer prices, businesses are absorbing costs and margins are getting squeezed. A core version that excludes food, energy, and trade services gives a cleaner read on the underlying trend.
Where does the PPI data come from?
BLS via FRED (PPIACO), monthly, seasonally adjusted. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/ppi.csv.
How often is PPI updated?
PPI is a monthly series from BLS, refreshed here as soon as a new release posts to FRED.
thetrading.tools PRO
Talk to this data with your AI
PRO is an MCP server that plugs Claude, ChatGPT, Cursor or any AI agent straight into everything on this site — the live market scores, ~90 economic indicators with full histories, and every signal study. Ask a market question; your AI answers from our data, dated and sourced.
Cancel anytime