Producer prices for final demand in the US increased 1.1% mom in May 2026, the same as a downwardly revised 1.1% rise in April, and once again above forecasts of 0.7%. Prices of goods soared 2.8%, following a 1.9% jump in April, with over half of advance attributable to a 23.4% increase in gasoline. Prices for diesel fuel, jet fuel, plastic resins and materials, industrial chemicals, and natural gas liquids also rose. In contrast, a 10.1% decline was seen in pork. On the other hand, prices for services rose 0.3%, slowing from a 0.7% gain in April, with over 40% of the increase due to a 4.8% rise in prices for portfolio management. However, margins for machinery and equipment wholesaling fell 1.9% and a drop was also recorded for fuels and lubricants retailing. Year-on-year, the PPI rose 6.5%, the most since November 2022 and above forecasts of 6.4%. Meanwhile, core PPI increased 0.4% on the month, compared to forecasts of 0.5% and 4.9% yoy, also less than expectations of 5.4%. source: U.S. Bureau of Labor Statistics

Producer Price Inflation MoM in the United States remained unchanged at 1.10 percent in May. Producer Price Inflation MoM in the United States averaged 0.23 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 June of 2026.

Producer Price Inflation MoM in the United States remained unchanged at 1.10 percent in May. Producer Price Inflation MoM in the United States is expected to be 0.80 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
2026-05-13 12:30 PM
PPI MoM
Apr 1.4% 0.7% 0.5% 0.4%
2026-06-11 12:30 PM
PPI MoM
May 1.1% 1.1% 0.7% 0.7%
2026-07-15 12:30 PM
PPI MoM
Jun 1.1% 0.8%



Components Last Previous Unit Reference
Core Producer Prices 154.15 153.51 points May 2026
Core PPI MoM 0.40 0.70 percent May 2026
Core PPI YoY 4.90 4.90 percent May 2026
PPI Ex Food Energy and Trade Services 142.34 141.14 points May 2026
PPI Ex Food, Energy and Trade MoM 0.80 0.50 percent May 2026
PPI Ex Food, Energy and Trade YoY 5.10 4.40 percent May 2026
PPI 157.66 156.01 points May 2026
PPI YoY 6.50 5.70 percent May 2026

Related Last Previous Unit Reference
CPI 335.12 333.02 points May 2026
Core Consumer Prices 336.12 335.42 points May 2026
Core Inflation Rate YoY 2.90 2.80 percent May 2026
Core Inflation Rate MoM 0.20 0.40 percent May 2026
CPI Core Core YoY 2.70 2.60 percent May 2026
CPI Housing Utilities 358.39 357.35 points May 2026
CPI s.a 333.98 332.41 points May 2026
CPI Transportation 298.41 291.75 points May 2026
Export Prices 168.60 166.50 points May 2026
Export Prices MoM 1.30 3.50 percent May 2026
Export Prices YoY 11.20 8.80 percent May 2026
Food Inflation 3.10 3.20 percent May 2026
Import Prices 150.50 147.70 points May 2026
Import Prices MoM 1.90 2.00 percent May 2026
Import Prices YoY 6.70 4.20 percent May 2026
Inflation Rate YoY 4.20 3.80 percent May 2026
Inflation Rate MoM 0.50 0.60 percent May 2026
PPI MoM 1.10 1.10 percent May 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
1.10 1.10 1.70 -1.20 2009 - 2026 percent Monthly
SA

News Stream
US Producer Inflation Accelerates but Core PPI Below Expectations
Producer prices for final demand in the US increased 1.1% mom in May 2026, the same as a downwardly revised 1.1% rise in April, and once again above forecasts of 0.7%. Prices of goods soared 2.8%, following a 1.9% jump in April, with over half of advance attributable to a 23.4% increase in gasoline. Prices for diesel fuel, jet fuel, plastic resins and materials, industrial chemicals, and natural gas liquids also rose. In contrast, a 10.1% decline was seen in pork. On the other hand, prices for services rose 0.3%, slowing from a 0.7% gain in April, with over 40% of the increase due to a 4.8% rise in prices for portfolio management. However, margins for machinery and equipment wholesaling fell 1.9% and a drop was also recorded for fuels and lubricants retailing. Year-on-year, the PPI rose 6.5%, the most since November 2022 and above forecasts of 6.4%. Meanwhile, core PPI increased 0.4% on the month, compared to forecasts of 0.5% and 4.9% yoy, also less than expectations of 5.4%.
2026-06-11
US PPI Seen Cooling Monthly, Heating Up Annually
US producer prices likely increased by 0.7% month-over-month in May 2026, following a 1.4% surge in April which was the largest monthly gain since March 2022. Energy prices are expected to remain a major driver of inflation, particularly gasoline and jet fuel, as the ongoing conflict with Iran continues to disrupt oil supplies and push crude prices sharply higher. Core producer prices, which exclude the more volatile food and energy components, are forecast to rise by 0.5% in May, moderating from the 1% increase recorded in April. On an annual basis however, headline producer inflation is projected to accelerate for a fourth consecutive month to 6.4%, up from 6% in April and marking its highest level since December 2022. Meanwhile, annual core producer inflation is expected to edge up to 5.4% from 5.2%, also reaching its highest reading since December 2022.
2026-06-11
US Producer Prices Rise the Most Since 2022
Producer prices in the US soared 1.4% month-over-month in April 2026, the biggest increase since March 2022, following an upwardly revised 0.7% gain in March and well above forecasts of 0.5%. Prices of goods jumped 2%, led by a 15.6% surge in gasoline as war in Iran continued to drive cost of oil higher. Prices for jet fuel, diesel fuel, fresh and dry vegetables, industrial chemicals, and residual fuels also rose. Prices of services went up 1.2%, the most since March 2022, led by a 3.5% increase in margins for machinery and equipment wholesaling. Cost also went up for truck transportation of freight; fuels and lubricants retailing; health, beauty, and optical goods retailing; chemicals and allied products wholesaling; and legal services. Year-on-year, producer prices jumped 6%, the biggest increase since December 2022, following an upwardly revised 4.3% rise in the previous month and above forecasts of 4.9%.
2026-05-13