Annual producer inflation in the US edged slightly lower to 10.8% in May of 2022 from 10.9% in April and a 21-year high of 11.5% hit in March. Still, it was a sixth double-digit annual gain in the cost of US suppliers. source: U.S. Bureau of Labor Statistics
Producer Prices Change in the United States averaged 3.05 percent from 1950 until 2022, 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. This page provides - United States Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Producer Prices Change in the United States is expected to be 10.20 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 5.00 percent in 2023 and 4.10 percent in 2024, according to our econometric models.