Producer Price Index (YoY)

The Producer Price Index released by the Bureau of Labor statistics, Department of Labor measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

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Most recent - Thursday 13 February 2025 13:30

3.3%

Revised

Forecast

3.2%

Actual

3.5%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday 13 March 2025 12:30

Forecast

Actual

The typical/expected impact on USD pairs is medium.

There is no forecast value for Producer Price Index (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Producer Price Index (YoY) was 3.5% against a forecast of 3.2%.

Past events

Date

Forecast

Actual

Thursday 13 February 2025 13:30

3.2%

3.5%

Tuesday 14 January 2025 13:30

3.4%

3.3%

Thursday 12 December 2024 13:30

2.6%

Thursday 14 November 2024 13:30

2.3%

2.4%

Friday 11 October 2024 12:30

1.6%

1.8%

Thursday 12 September 2024 12:30

1.8%

1.7%

Tuesday 13 August 2024 12:30

2.3%

2.2%

Friday 12 July 2024 12:30

2.3%

2.6%

Thursday 13 June 2024 12:30

2.5%

2.2%

Tuesday 14 May 2024 12:30

2.2%

Thursday 11 April 2024 12:30

2.2%

2.1%

Thursday 14 March 2024 12:30

1.1%

1.6%

Friday 16 February 2024 13:30

0.6%

0.9%

Friday 12 January 2024 13:30

1.3%

Wednesday 13 December 2023 13:30

0.9%

Wednesday 15 November 2023 13:30

1.9%

1.3%

Wednesday 11 October 2023 12:30

1.6%

2.2%

Thursday 14 September 2023 12:30

1.2%

1.6%

Friday 11 August 2023 12:30

0.7%

0.8%

Thursday 13 July 2023 12:30

0.4%

0.1%

Wednesday 14 June 2023 12:30

1.5%

1.1%

Thursday 11 May 2023 12:30

2.4%

2.3%

Thursday 13 April 2023 12:30

2.7%

Wednesday 15 March 2023 12:30

5.4%

4.6%

Thursday 16 February 2023 13:30

5.4%

Wednesday 18 January 2023 13:30

6.8%

6.2%

Friday 9 December 2022 13:30

7.4%

Tuesday 15 November 2022 13:30

8.3%

Wednesday 12 October 2022 12:30

8.4%

8.5%

Wednesday 14 September 2022 12:30

8.8%

8.7%

Thursday 11 August 2022 12:30

10.4%

9.8%

Thursday 14 July 2022 12:30

10.7%

11.3%

Tuesday 14 June 2022 12:30

10.9%

10.8%

Thursday 12 May 2022 12:30

10.7%

11%

Wednesday 13 April 2022 12:30

10.6%

11.2%

Tuesday 15 March 2022 12:30

10%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (YoY) result:

		Previous	Latest
Chicago Purchasing Managers' Index	Bullish change	39.5	45.5
Core Personal Consumption Expenditures - Price Index (MoM)	Bullish change	0.2%	0.3%
Core Personal Consumption Expenditures - Price Index (YoY)	Bearish change	2.9%	2.6%
Personal Consumption Expenditures - Price Index (MoM)	(no change)	0.3%	0.3%
Personal Consumption Expenditures - Price Index (YoY)	Bearish change	2.6%	2.5%
Personal Income (MoM)	Bullish change	0.4%	0.9%
Personal Spending	Bearish change	0.8%	-0.2%
Pending Home Sales (MoM)	Bearish change	-4.1%	-4.6%
Core Personal Consumption Expenditures (QoQ)	Bullish change	2.5%	2.7%
Durable Goods Orders	Bullish change	-1.8%	3.1%
Durable Goods Orders ex Defense	Bullish change	-1.8%	3.5%
Durable Goods Orders ex Transportation	Bearish change	0.1%	0%
Gross Domestic Product Annualized	(no change)	2.3%	2.3%
Gross Domestic Product Price Index	Bullish change	2.2%	2.4%
Initial Jobless Claims	Bearish change	220K	242K
Nondefense Capital Goods Orders ex Aircraft	Bullish change	0.4%	0.8%
Personal Consumption Expenditures Prices (QoQ)	Bullish change	2.3%	2.4%
New Home Sales Change (MoM)	Bearish change	8.1%	-10.5%
Housing Price Index (MoM)	(no change)	0.4%	0.4%
Existing Home Sales Change (MoM)	Bearish change	2.9%	-4.9%
Michigan Consumer Sentiment Index	Bearish change	67.8	64.7
UoM 5-year Consumer Inflation Expectation	Bullish change	3.3%	3.5%
S&P Global Composite PMI	Bearish change	52.7	50.4
S&P Global Manufacturing PMI	Bullish change	51.2	51.6
S&P Global Services PMI	Bearish change	52.9	49.7
Initial Jobless Claims	Bearish change	214K	219K
Philadelphia Fed Manufacturing Survey	Bearish change	44.3	18.1
Building Permits (MoM)	Bullish change	1.482M	1.483M
Housing Starts (MoM)	Bearish change	1.515M	1.366M
NY Empire State Manufacturing Index	Bullish change	-12.6	5.7

About Producer Price Index (YoY)

Country:	United States
Currency:	USD
Source:	US Bureau of Labor Statistics
Category:	Inflation
Frequency:	Monthly

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Calendar - Producer Price Index (YoY) - United States

Producer Price Index (YoY)

Most recent - Thursday 13 February 2025 13:30

Next event - Thursday 13 March 2025 12:30

Trading range

Trading range after each Producer Price Index (YoY) event

Forecast history

Past events

Economic context

About Producer Price Index (YoY)

Related events