Producer prices in the United States soared by 1.3% from the previous month in September of 2026, the sharpest increase since the start of the Russian invasion of Ukraine in March of 2022, and the second highest increase on record. It was sharply above market expectations of a 0.5% increase, as the global energy shock from the war in the Middle East drove energy costs for US producers to gain 10.8% on the month, which in turn drove transportation and warehousing (3.4%) and trade (1.4%) costs to rise. Geopolitical tension and adverse weather also raised food prices to a 1.2% increase. The core PPI, which excludes foods and energy, surged by 0.7%. The headline PPI rose 6.3% annually, the most since December of 2022. source: U.S. Bureau of Labor Statistics

Producer Price Inflation MoM in the United States increased to 1.30 percent in September from 0.50 percent in August of 2026. Producer Price Inflation MoM in the United States averaged 0.24 percent from 2009 until 2026, reaching an all time high of 1.70 percent in March of 2022 and a record low of -1.20 percent in April of 2020. This page includes a chart with historical data for the United States Producer Price Inflation MoM. United States Producer Price Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Producer Price Inflation MoM in the United States increased to 1.30 percent in September from 0.50 percent in August of 2026. Producer Price Inflation MoM in the United States is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Producer Price Inflation MoM is projected to trend around 0.20 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-10 12:30 PM
PPI MoM
Aug 0.4% 0.1% 0.4% 0.3%
2026-10-15 12:30 PM
PPI MoM
Sep 1.3% 0.5% 0.5% 0.5%
2026-11-13 01:30 PM
PPI MoM
Oct 1.3%



Components Last Previous Unit Reference
Core Producer Prices 156.17 155.12 points Sep 2026
Core PPI MoM 0.70 0.20 percent Sep 2026
Core PPI YoY 5.00 4.80 percent Sep 2026
PPI Ex Food Energy and Trade Services 144.26 143.56 points Sep 2026
PPI Ex Food, Energy and Trade MoM 0.50 0.30 percent Sep 2026
PPI Ex Food, Energy and Trade YoY 5.00 4.80 percent Sep 2026
PPI 159.78 157.66 points Sep 2026
PPI YoY 6.30 5.60 percent Sep 2026

Related Last Previous Unit Reference
CPI 336.94 334.98 points Sep 2026
Core Consumer Prices 338.90 337.77 points Sep 2026
Core Inflation Rate YoY 2.60 2.40 percent Sep 2026
Core Inflation Rate MoM 0.30 0.30 percent Sep 2026
CPI Core Core YoY 2.30 2.20 percent Sep 2026
CPI Housing Utilities 361.39 360.23 points Sep 2026
CPI s.a 336.30 334.13 points Sep 2026
CPI Transportation 295.86 290.78 points Sep 2026
Export Prices 170.80 167.20 points Sep 2026
Export Prices MoM 2.20 1.20 percent Sep 2026
Export Prices YoY 11.60 9.30 percent Sep 2026
Food Inflation 2.50 2.70 percent Sep 2026
Import Prices 152.20 150.50 points Sep 2026
Import Prices MoM 1.10 0.50 percent Sep 2026
Import Prices YoY 8.10 6.70 percent Sep 2026
Inflation Rate YoY 3.70 3.40 percent Sep 2026
Inflation Rate MoM 0.60 0.40 percent Sep 2026
PPI MoM 1.30 0.50 percent Sep 2026


United States Producer Price Inflation MoM
In the United States, the Producer Price Inflation MoM for final demand measures month-over-month changes in the price for commodities sold for personal consumption, capital investment, government, and export. It is composed of six main price indexes: final demand goods (33 percent of the total weight), which includes food and energy; final demand trade services (20 percent); final demand transportation and warehousing services (4 percent); final demand services less trade, transportation, and warehousing (41 percent); final demand construction (2 percent); and overall final demand.
Actual Previous Highest Lowest Dates Unit Frequency
1.30 0.50 1.70 -1.20 2009 - 2026 percent Monthly
SA

News Stream
US PPI Soars the Most in 4 Years
Producer prices in the United States soared by 1.3% from the previous month in September of 2026, the sharpest increase since the start of the Russian invasion of Ukraine in March of 2022, and the second highest increase on record. It was sharply above market expectations of a 0.5% increase, as the global energy shock from the war in the Middle East drove energy costs for US producers to gain 10.8% on the month, which in turn drove transportation and warehousing (3.4%) and trade (1.4%) costs to rise. Geopolitical tension and adverse weather also raised food prices to a 1.2% increase. The core PPI, which excludes foods and energy, surged by 0.7%. The headline PPI rose 6.3% annually, the most since December of 2022.
2026-10-15
US PPI Set to Pick Up in September, Despite Easing Annual Rates
US producer prices are expected to rise 0.5% month-over-month in September 2026, marking the strongest increase in four months following a 0.4% gain in August. The reading would signal a further acceleration in producer-level inflation for a third consecutive month, amid elevated energy costs. Core PPI, which excludes food and energy, is forecast to increase 0.3% month-over-month, up from 0.2% in August. On an annual basis, however, headline producer inflation is expected to ease to 5.3% from 5.4%, while core PPI inflation is projected to slow to 4.4% from 4.6%.
2026-10-15
US Producer Prices Accelerate
Producer prices in the US increased 0.4% mom in August 2026, following an upwardly revised 0.1% rise in July and in line with expectations. It is the biggest increase in three months, led by a 1.1% jump in prices of goods after declines in each of the previous two months, with diesel fuel jumping 24.1%. Prices for gasoline, jet fuel, home heating oil, candy and nuts, and tobacco products also advanced. In contrast, prices for residential electric power fell 0.5%. Meanwhile, services cost edged up 0.1%, led by a 2% rise in prices for truck transportation of freight. Increases were also seen for airline passenger services, legal services, hospital inpatient care, and automobiles retailing. Year-on-year, producer inflation accelerated to 5.4% from 4.8%, slightly above forecasts of 5.3%. Excluding food and energy, producer prices increased 0.2% on the month and 4.6% on the year, compared to 0.3% and 4.3% respectively in the previous month and forecasts of 0.3% and 4.6% respectively.
2026-09-10