Producer prices for final demand in the US edged up 0.2% mom in December of 2021, well below an upwardly revised 1% rise in November and lower than market forecasts of 0.4%. Cost of services rose 0.5%, mainly due to margins for fuels and lubricants retailing (13%), airline passenger services, food retailing, machinery and vehicle wholesaling, machinery and equipment parts and supplies wholesaling, and traveler accommodation services. On the other hand, prices for goods declined 0.4%, the first decrease since April of 2020, as gasoline cost declined 6.1%. Prices for meats, gas fuels, fresh and dry vegetables, diesel fuel, and primary basic organic chemicals also went down. The annual producer inflation rate eased to 9.7% from a record 9.8% in November. source: U.S. Bureau of Labor Statistics

Producer Price Inflation MoM in the United States averaged 0.19 percent from 2009 until 2021, reaching an all time high of 1.20 percent in January of 2021 and a record low of -1.10 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 January of 2022.

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United States Producer Price Inflation MoM


Calendar GMT Actual Previous Consensus TEForecast
2021-12-14 01:30 PM Nov 0.8% 0.6% 0.5% 0.5%
2022-01-13 01:30 PM Dec 0.2% 1% 0.4% 0.4%
2022-02-15 01:30 PM Jan 0.2% 0.2%


News Stream
US Monthly Producer Inflation Slows in December
Producer prices for final demand in the US edged up 0.2% mom in December of 2021, well below an upwardly revised 1% rise in November and lower than market forecasts of 0.4%. Cost of services rose 0.5%, mainly due to margins for fuels and lubricants retailing (13%), airline passenger services, food retailing, machinery and vehicle wholesaling, machinery and equipment parts and supplies wholesaling, and traveler accommodation services. On the other hand, prices for goods declined 0.4%, the first decrease since April of 2020, as gasoline cost declined 6.1%. Prices for meats, gas fuels, fresh and dry vegetables, diesel fuel, and primary basic organic chemicals also went down. The annual producer inflation rate eased to 9.7% from a record 9.8% in November.
2022-01-13
US Producer Inflation Rises More than Expected
Producer prices for final demand in the US increased 0.8 percent from a month earlier in November of 2021, the most since July and above market expectations of 0.5 percent amid supply and labor constraints and robust demand, adding to concerns over inflationary pressure in the world's largest economy. Over 60 percent of the October increase can be traced to a 1.2 percent rise in prices for final demand goods. Also, the index for final demand services moved up 0.2 percent, and prices for final demand construction advanced 6.6 percent. Year-on-year, producer inflation rose to a fresh record of 9.6 percent, above forecasts of 9.2 percent.
2021-12-14
US Producer Inflation in Line with Forecasts
Producer prices for final demand in the US increased 0.6% mom in October of 2021, in line with forecasts and following a 0.5% rise in September. Over 60% of the increase is due to a 1.2% surge in prices for goods, namely gasoline (6.7%) while prices of food edged down 0.1%. Cost of services moved up 0.2%, mainly due to margins for automobiles and automobile parts retailing (8.9%). In contrast, prices for securities brokerage, dealing, investment advice, and related services fell 6.6%. Year-on-year, producer inflation remained at a record 8.6%, the same as in the previous month but below forecasts of 8.7%.
2021-11-09

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.