US producer price inflation eased to 2.9% year over year in January 2026, down from 3.0% in the previous month but above market expectations of 2.6%. Producer Prices Change in the United States averaged 3.07 percent from 1950 until 2026, reaching an all time high of 19.57 percent in November of 1974 and a record low of -6.86 percent in July of 2009. source: U.S. Bureau of Labor Statistics

Producer Prices in the United States increased 2.90 percent in January of 2026 over the same month in the previous year.

Producer Prices in the United States increased 2.90 percent in January of 2026 over the same month in the previous year. Producer Prices Change in the United States is expected to be 3.40 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 Prices Change is projected to trend around 2.50 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-30 01:30 PM
PPI YoY
Dec 3% 3% 2.7% 2.9%
2026-02-27 01:30 PM
PPI YoY
Jan 2.9% 3% 2.6% 2.9%
2026-03-18 12:30 PM
PPI YoY
Feb 2.9% 3.2%

Components Last Previous Unit Reference
PPI Ex Food Energy and Trade Services 139.34 138.91 points Jan 2026
PPI Ex Food, Energy and Trade MoM 0.30 0.30 percent Jan 2026
PPI Ex Food, Energy and Trade YoY 3.40 3.50 percent Jan 2026

Related Last Previous Unit Reference
CPI 325.25 324.05 points Jan 2026
Core Consumer Prices 332.79 331.81 points Jan 2026
Core Inflation Rate YoY 2.50 2.60 percent Jan 2026
CPI Core Core YoY 2.40 2.30 percent Jan 2026
CPI Housing Utilities 352.54 351.07 points Jan 2026
CPI Transportation 267.52 268.63 points Jan 2026
Export Prices 155.60 154.60 points Jan 2026
Food Inflation 2.90 3.10 percent Jan 2026
Import Prices 141.70 141.40 points Jan 2026
Inflation Rate YoY 2.40 2.70 percent Jan 2026
Inflation Rate MoM 0.20 0.30 percent Jan 2026
PPI 152.17 151.45 points Jan 2026
PPI YoY 2.90 3.00 percent Jan 2026


United States Producer Prices Change
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.
Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.00 19.57 -6.86 1950 - 2026 percent Monthly
NSA