Producer prices for final demand in the US increased 0.6% mom in October of 2021, in line with forecasts and following a 0.5% rise in September. Over 60% of the increase is due to a 1.2% surge in prices for goods, namely gasoline (6.7%) while prices of food edged down 0.1%. Cost of services moved up 0.2%, mainly due to margins for automobiles and automobile parts retailing (8.9%). In contrast, prices for securities brokerage, dealing, investment advice, and related services fell 6.6%. Year-on-year, producer inflation remained at a record 8.6%, the same as in the previous month but below forecasts of 8.7%. source: U.S. Bureau of Labor Statistics

Producer Price Inflation MoM in the United States averaged 0.19 percent from 2009 until 2021, reaching an all time high of 1.20 percent in January of 2021 and a record low of -1.10 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 December of 2021.

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United States Producer Price Inflation MoM


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 12:30 PM Sep 0.5% 0.7% 0.6% 0.5%
2021-11-09 01:30 PM Oct 0.6% 0.5% 0.6% 0.6%
2021-12-14 01:30 PM Nov 0.6% 0.5%


News Stream
US Producer Inflation in Line with Forecasts
Producer prices for final demand in the US increased 0.6% mom in October of 2021, in line with forecasts and following a 0.5% rise in September. Over 60% of the increase is due to a 1.2% surge in prices for goods, namely gasoline (6.7%) while prices of food edged down 0.1%. Cost of services moved up 0.2%, mainly due to margins for automobiles and automobile parts retailing (8.9%). In contrast, prices for securities brokerage, dealing, investment advice, and related services fell 6.6%. Year-on-year, producer inflation remained at a record 8.6%, the same as in the previous month but below forecasts of 8.7%.
2021-11-09
US Monthly Producer Inflation at 9-Month Low
Producer prices for final demand in the US were up 0.5% mom in September of 2021, the smallest increase so far this year, and below market forecasts of 0.6%. Nearly 80% of the increase in the PPI can be traced to a 1.3% rise in prices for final demand goods, the largest rise since May, mainly due to gasoline (3.9%). Cost also went up for: beef and veal, residential electric power, fresh and dry vegetables, gas fuels, and primary basic organic chemicals. Prices for final demand services moved up 0.2%, the ninth consecutive advance, led by trade services (0.9%), namely margins for fuels and lubricants retailing (11.6%). Meanwhile, the annual producer inflation continued to accelerate to 8.6%, a new record since November of 2010.
2021-10-14
US Producer Inflation Slows in August
Producer prices for final demand in the US were up 0.7% mom in August of 2021, the lowest reading in 3 months and compared with market forecasts of 0.6%. Prices for services moved up 0.7%, mainly due to margins for health, beauty, and optical goods retailing; transportation of passengers; chemicals and allied products wholesaling; bundled wired telecommunications access services; machinery and equipment parts and supplies wholesaling, and travel and accommodation. Cost of goods increased 1%, mainly boosted by an 8.5% jump in meat prices. Prices for residential natural gas, industrial chemicals, processed young chickens, motor vehicles, and steel mill products also moved higher. Meanwhile, the annual producer inflation continues to accelerate to 8.3%, the highest since November of 2010.
2021-09-10

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.