Producer prices for final demand in the US were up 0.7% mom in August of 2021, the lowest reading in 3 months and compared with market forecasts of 0.6%. Prices for services moved up 0.7%, mainly due to margins for health, beauty, and optical goods retailing; transportation of passengers; chemicals and allied products wholesaling; bundled wired telecommunications access services; machinery and equipment parts and supplies wholesaling, and travel and accommodation. Cost of goods increased 1%, mainly boosted by an 8.5% jump in meat prices. Prices for residential natural gas, industrial chemicals, processed young chickens, motor vehicles, and steel mill products also moved higher. Meanwhile, the annual producer inflation continues to accelerate to 8.3%, the highest since November of 2010. source: U.S. Bureau of Labor Statistics

Producer Prices in the United States averaged 111.64 points from 2009 until 2021, reaching an all time high of 128.20 points in August 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 September of 2021.

Producer Prices in the United States is expected to be 128.67 points 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 is projected to trend around 130.25 points in 2022 and 132.98 points in 2023, according to our econometric models.

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United States Producer Prices

Actual Previous Highest Lowest Dates Unit Frequency
128.20 127.30 128.20 100.20 2009 - 2021 points Monthly
2009M11=100; SA


Calendar GMT Actual Previous Consensus TEForecast
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%
2021-08-12 12:30 PM Jul 1% 1% 0.6% 0.7%
2021-09-10 12:30 PM Aug 0.7% 1% 0.6% 0.7%


News Stream
US Producer Inflation Slows in August
Producer prices for final demand in the US were up 0.7% mom in August of 2021, the lowest reading in 3 months and compared with market forecasts of 0.6%. Prices for services moved up 0.7%, mainly due to margins for health, beauty, and optical goods retailing; transportation of passengers; chemicals and allied products wholesaling; bundled wired telecommunications access services; machinery and equipment parts and supplies wholesaling, and travel and accommodation. Cost of goods increased 1%, mainly boosted by an 8.5% jump in meat prices. Prices for residential natural gas, industrial chemicals, processed young chickens, motor vehicles, and steel mill products also moved higher. Meanwhile, the annual producer inflation continues to accelerate to 8.3%, the highest since November of 2010.
2021-09-10
US Producer Prices Rise More than Expected
Producer prices for final demand in the US rose 1 percent from a month earlier in July of 2021, higher than market forecasts of 0.6 percent, and following a 1 percent rise in June. Nearly three-fourths of the PPI rise is due to a 1.1 percent advance in services costs, the largest increase since data were first calculated in December 2009. Cost of goods increased 0.6 percent. Year-on-year, producer prices 7.8 percent, the largest advance since 12-month data were first calculated in November 2010.
2021-08-12
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

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.