Producer prices in the US increased 0.8% mom in May of 2022, following a 0.4% rise in April and matching forecasts. Prices of goods went up 1.4% with the biggest jump reported for gasoline (8.4%) followed by jet fuel, residential natural gas, steel mill products, diesel fuel, and processed young chickens. Cost of services went up 0.4%, with transportation and warehousing services surging 2.9%, namely truck transportation of freight. Compared to the previous year, prices paid to US producers rose 10.8%, slowing further from a 21-year high of 11.5% hit in March. Excluding food, energy, and trade services components, producer prices rose 0.5% compared to the previous month (slightly less than forecasts of 0.6%) and 6.8% compared to the previous year. source: U.S. Bureau of Labor Statistics

Producer Price Inflation MoM in the United States averaged 0.22 percent from 2009 until 2022, reaching an all time high of 1.60 percent in March of 2022 and a record low of -1.30 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 2022.

Producer Price Inflation MoM in the United States is expected to be 0.60 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 2023, according to our econometric models.

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United States Producer Price Inflation MoM



Related Last Previous Unit Reference
Inflation Rate 8.60 8.30 percent May 2022
Producer Prices 138.66 137.61 points May 2022
Producer Prices Change 10.80 10.90 percent May 2022
Core Producer Prices YoY 8.30 8.60 percent May 2022
Core Producer Prices MoM 0.50 0.20 percent May 2022
Core Producer Prices 134.50 134.10 points May 2022

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
0.80 0.40 1.60 -1.30 2009 - 2022 percent Monthly
SA

News Stream
US Producer Prices Accelerate in May
Producer prices in the US increased 0.8% mom in May of 2022, following a 0.4% rise in April and matching forecasts. Prices of goods went up 1.4% with the biggest jump reported for gasoline (8.4%) followed by jet fuel, residential natural gas, steel mill products, diesel fuel, and processed young chickens. Cost of services went up 0.4%, with transportation and warehousing services surging 2.9%, namely truck transportation of freight. Compared to the previous year, prices paid to US producers rose 10.8%, slowing further from a 21-year high of 11.5% hit in March. Excluding food, energy, and trade services components, producer prices rose 0.5% compared to the previous month (slightly less than forecasts of 0.6%) and 6.8% compared to the previous year.
2022-06-14
US Producer Inflation Slows in April
Producer prices in the US increased 0.5% mom in April of 2022, less than an upwardly revised 1.6% rise in March and mostly in line with market expectations. The wholesale cost of goods surged 1.3% last month, reflecting increases in autos, chicken, eggs, electricity, and natural gas. Meanwhile, the index for final demand construction increased 4%, while prices for final demand services were unchanged. Year on year, wholesale prices rose 11%, above market expectations of a 10.7% gain and compared to 11.5% in March. Still, producer inflation is running at the highest rate in 40 years and the report didn’t show much sign that price pressures will ease considerably in the near future.
2022-05-12
US Monthly Producer Inflation at Record High
Producer prices for final demand in the US increased 1.4% month-over-month in March of 2022, the biggest increase since at least December 2009 and above market forecasts of 1.1%. Main upward contribution came from diesel fuel prices (20.4%) and cost also went up for gasoline (4.9%), fresh and dry vegetables (42.4%), jet fuel (23%), iron and steel scrap (27.6%), and electric power (1.9%). In contrast, prices for beef and veal fell 7.3% and cost for residential natural gas (-0.4%) also declined. Prices of services increased 0.9%, mainly due to a 1.2% rise in margins for final demand trade services. Prices for final demand transportation and warehousing services (5.5%) and for final demand services less trade, transportation, and warehousing (0.3%) also moved higher. Compared to March 2021, producer prices were up 11.2%, the biggest increase since January of 1981.
2022-04-13