Producer prices for final demand in the US jumped 1% mom in June of 2021, higher than market forecasts of 0.6%, and following a 0.8% rise in May. Nearly 60% of the PPI rise is due to a 0.8% increase in services cost, namely margins for automobiles and automobile parts retailing. Cost of goods increased 1.2%, mainly industrial chemicals, gasoline, meats, electric power, processed poultry, and motor vehicles. Year-on-year, producer prices increased 7.3%, the largest advance since the current series began in November 2010. source: U.S. Bureau of Labor Statistics

Producer Prices in the United States averaged 111.41 points from 2009 until 2021, reaching an all time high of 126 points in June of 2021 and a record low of 100.20 points in November of 2009. This page provides the latest reported value for - United States Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Producer Prices - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Producer Prices in the United States is expected to be 123.92 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in the United States to stand at 127.89 in 12 months time. In the long-term, the United States Producer Prices is projected to trend around 125.37 points in 2022 and 128.00 points in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Producer Prices

Actual Previous Highest Lowest Dates Unit Frequency
126.00 124.80 126.00 100.20 2009 - 2021 points Monthly
2009M11=100; SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 12:30 PM Mar 1% 0.5% 0.5% 0.4%
2021-05-13 12:30 PM Apr 0.6% 1% 0.3% 0.5%
2021-06-15 12:30 PM May 0.8% 0.6% 0.6% 0.7%
2021-07-14 12:30 PM Jun 1% 0.8% 0.6% 0.6%


News Stream
US Producer Prices Top Estimates
Producer prices for final demand in the US jumped 1% mom in June of 2021, higher than market forecasts of 0.6%, and following a 0.8% rise in May. Nearly 60% of the PPI rise was due to a 0.8% increase in services cost, namely margins for automobiles and automobile parts retailing. Cost of goods increased 1.2%, mainly industrial chemicals, gasoline, meats, electric power, processed poultry, and motor vehicles. Year-on-year, producer prices increased 7.3%, the most since the current series began in November 2010.
2021-07-14
US Producer Prices Rise More than Forecast
Producer prices for final demand in the US increased 0.8 percent from a month earlier in May 2021, following a 0.6 percent gain in April and beating market expectations of a 0.6 percent advance. Goods prices advanced 1.5 percent (vs 0.6 percent in April), boosted by cost for nonferrous metals; beef and veal; diesel fuel; gasoline; hay, hayseeds, and oilseeds; and motor vehicles. In addition, prices for food and energy increased 2.6 percent and 2.2 percent, respectively. Meanwhile, cost for services rose 0.6 percent in May, the fifth consecutive increase, mainly supported by a 0.7 percent rise in prices for trade services. Year-on-year, producer prices jumped 6.6 percent in May, the largest increase since the current series began in November 2010.
2021-06-15
US Producer Prices Rise More than Expected
Producer prices for final demand in the US rose 0.6 percent from a month earlier in April of 2021, following a 1 percent jump in March and above market expectations of a 0.3 percent advance. About two-thirds of the increase are due to a 0.6 percent rise in services prices, namely portfolio management; airline passenger services; food retailing; fuels and lubricants retailing; physician care; and hardware, building materials, and supplies retailing. The index for final demand goods also moved up 0.6 percent, namely steel mill products; beef and veal; pork; residential natural gas; plastic resins and materials; and dairy products. Year-on-year, producer prices jumped 6.2 percent, the largest advance since 12-month data were first calculated in November 2010.
2021-05-13
US Producer Prices Rise More than Forecast
Producer prices for final demand in the US rose 1 percent from a month earlier in March 2021, following a 0.5 percent increase in January and easily beating market expectations of a 0.5 percent advance. Cost for goods climbed 1.7 percent, the largest increase since the index began in December 2009, boosted by a 5.9 percent jump in energy prices. Over one-fourth of the goods price increase was traced to an 8.8 percent advance in gasoline prices. The indexes for diesel fuel, residential electric power, industrial chemicals, steel mill products, and processed poultry also moved higher. Meanwhile, cost for services rose 0.7 percent, the third consecutive advance, mainly attributable to margins for final demand trade services. The core index, which excludes foods and energy, was 0.7 percent higher in March, also beating consensus of 0.2 percent. Year-on-year, producer prices jumped 4.2 percent, the biggest increase since September 2011, and the core index increased 3.1 percent.
2021-04-09

United States Producer Prices
In the United States, the Producer Price Index for final demand measures price change 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.