US producer prices increased 0.5% mom in January 2026, following a downwardly revised 0.4% rise in December and above forecasts of 0.3%.
Prices of services increased 0.8%, the most since July, led by a 14.4% jump in margins for professional and commercial equipment wholesaling.
Prices also increased for apparel, footwear; chemicals; bundled wired telecommunications access services; health, beauty, and optical
goods retailing; and food and alcohol retailing.
On the other hand, prices for goods were down 0.3%, the largest fall since March 2025, mainly due to a 5.5% drop in gasoline.
Prices for chicken eggs, electric power, gas fuels, fresh fruits and melons, and ethanol also moved lower.
Year-on-year, producer prices went up 2.9%, the least in three months, but above forecasts of 2.6%.
Core producer prices jumped 0.8%, also the most in six months, compared to forecasts of 0.3%.
Year-on-year, core producer prices rose 3.6%, well above forecasts of 3%.