United States USD

United States PPI MoM

Info

History

Chart

Impact:

High

Source: U.S. Bureau of Labor Statistics

Latest Release:

Date:

Big Surprise:

-0.6%

USD

Actual:

0.5%

Forecast: 1.1%

Previous/Revision:

0.5%

Period: Mar

Next Release:

Date:

Forecast: 0.5%

Period: Apr

What Does It Measure?

The United States Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output, explicitly reflecting inflation at the wholesale level. This indicator primarily focuses on measuring price changes in various sectors, including manufacturing, agriculture, and services, while key components include finished goods, intermediate goods, and crude materials.

Frequency

The PPI is released monthly, typically on the second or third Wednesday of the month, and the figures provided are usually the final numbers rather than preliminary estimates.

Why Do Traders Care?

Traders closely monitor the PPI as it is a key indicator of inflationary trends, which can influence monetary policy decisions by the Federal Reserve. Higher than expected PPI results are often bullish for the U.S. dollar and can negatively affect stock prices, while lower results may have the opposite effect, impacting market perceptions and forecasts.

What Is It Derived From?

The PPI is derived from a survey of manufacturers, wholesale distributors, and service industries, collecting pricing data from a broad range of producers. The data collection employs a weighted index approach based on industry outputs and sales volumes, ensuring that the index reflects real market conditions and transactions.

Description

The PPI is reported as a month-over-month (MoM) change, comparing the most recent month’s prices to those of the previous month. This methodology is useful for capturing short-term inflation trends and allows traders to identify rapid price shifts in the economy, particularly as it relates to production costs and supply chain dynamics.

Additional Notes

The PPI is considered a leading indicator of consumer price inflation as it reflects price changes before they reach consumers. It is essential in evaluating broader economic conditions, correlating with other inflation metrics and economic reports both domestically and internationally.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for USD, Bearish for Stocks. Lower than expected: Bearish for USD, Bullish for Stocks. Hawkish tone: Signaling higher interest rates or inflation concerns, is usually good for the USD but bad for Stocks due to higher borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Apr 14, 2026	0.5%	1.1%	0.5%	-0.6%
Mar 18, 2026	0.7%	0.3%	0.5%	0.4%
Feb 27, 2026	0.5%	0.3%	0.4%	0.2%
Jan 30, 2026	0.5%	0.2%	0.2%	0.3%
Jan 14, 2026	0.1%	0.3%	0.6%	-0.2%
Jan 14, 2026	0.2%	0.2%	0.1%
Nov 25, 2025	0.3%	0.3%	-0.1%
Sep 10, 2025	-0.1%	0.3%	0.7%	-0.4%
Aug 14, 2025	0.9%	0.2%	0%	0.7%
Jul 16, 2025	0%	0.2%	0.3%	-0.2%
Jun 12, 2025	0.1%	0.2%	-0.2%	-0.1%
May 15, 2025	-0.5%	0.2%	0%	-0.7%
Apr 11, 2025	-0.4%	0.2%	0.1%	-0.6%
Mar 13, 2025	0%	0.3%	0.6%	-0.3%
Feb 13, 2025	0.4%	0.3%	0.5%	0.1%
Jan 14, 2025	0.2%	0.3%	0.4%	-0.1%
Dec 12, 2024	0.4%	0.2%	0.3%	0.2%
Nov 14, 2024	0.2%	0.2%	0.1%
Oct 11, 2024	0%	0.1%	0.2%	-0.1%
Sep 12, 2024	0.2%	0.1%	0%	0.1%
Aug 13, 2024	0.1%	0.2%	0.2%	-0.1%
Jul 12, 2024	0.2%	0.1%	0%	0.1%
Jun 13, 2024	-0.2%	0.1%	0.5%	-0.3%
May 14, 2024	0.5%	0.3%	-0.1%	0.2%
Apr 11, 2024	0.2%	0.3%	0.6%	-0.1%
Mar 14, 2024	0.6%	0.3%	0.3%	0.3%
Feb 16, 2024	0.3%	0.1%	-0.1%	0.2%
Jan 12, 2024	-0.1%	0.1%	-0.1%	-0.2%
Dec 13, 2023	0%	0.1%	-0.4%	-0.1%
Nov 15, 2023	-0.5%	0.1%	0.4%	-0.6%
Oct 11, 2023	0.5%	0.3%	0.7%	0.2%
Sep 14, 2023	0.7%	0.4%	0.4%	0.3%
Aug 11, 2023	0.3%	0.2%	0%	0.1%
Jul 13, 2023	0.1%	0.2%	-0.4%	-0.1%
Jun 14, 2023	-0.3%	-0.1%	0.2%	-0.2%
May 11, 2023	0.2%	0.3%	-0.4%	-0.1%
Apr 13, 2023	-0.5%	0%	0%	-0.5%
Mar 15, 2023	-0.1%	0.3%	0.3%	-0.4%
Feb 16, 2023	0.7%	0.4%	-0.2%	0.3%
Jan 18, 2023	-0.5%	-0.1%	0.2%	-0.4%
Dec 09, 2022	0.3%	0.2%	0.3%	0.1%
Nov 15, 2022	0.2%	0.4%	0.2%	-0.2%
Oct 12, 2022	0.4%	0.2%	-0.2%	0.2%
Sep 14, 2022	-0.1%	-0.1%	-0.4%
Aug 11, 2022	-0.5%	0.2%	1%	-0.7%
Jul 14, 2022	1.1%	0.8%	0.9%	0.3%
Jun 14, 2022	0.8%	0.8%	0.4%
May 12, 2022	0.5%	0.5%	1.6%
Apr 13, 2022	1.4%	1.1%	0.9%	0.3%
Mar 15, 2022	0.8%	0.9%	1.2%	-0.1%
Feb 15, 2022	1%	0.5%	0.4%	0.5%
Jan 13, 2022	0.2%	0.4%	1%	-0.2%
Dec 14, 2021	0.8%	0.5%	0.6%	0.3%
Nov 09, 2021	0.6%	0.6%	0.5%
Oct 14, 2021	0.5%	0.6%	0.7%	-0.1%
Sep 10, 2021	0.7%	0.6%	1%	0.1%
Aug 12, 2021	1%	0.6%	1%	0.4%
Jul 14, 2021	1%	0.6%	0.8%	0.4%
Jun 15, 2021	0.8%	0.6%	0.6%	0.2%
May 13, 2021	0.6%	0.3%	1%	0.3%
Apr 09, 2021	1%	0.5%	0.5%	0.5%
Mar 12, 2021	0.5%	0.5%	1.3%
Feb 17, 2021	1.3%	0.4%	0.3%	0.9%
Jan 15, 2021	0.3%	0.4%	0.1%	-0.1%
Dec 11, 2020	0.1%	0.2%	0.3%	-0.1%
Nov 13, 2020	0.3%	0.2%	0.4%	0.1%
Oct 14, 2020	0.4%	0.2%	0.3%	0.2%
Sep 10, 2020	0.3%	0.2%	0.6%	0.1%
Aug 11, 2020	0.6%	0.3%	-0.2%	0.3%
Jul 10, 2020	-0.2%	0.4%	0.4%	-0.6%
Jun 11, 2020	0.4%	0.1%	-1.3%	0.3%
May 13, 2020	-1.3%	-0.5%	-0.2%	-0.8%
Apr 09, 2020	-0.2%	-0.4%	-0.6%	0.2%
Mar 12, 2020	-0.6%	-0.1%	0.5%	-0.5%
Feb 19, 2020	0.5%	0.1%	0.2%	0.4%
Jan 15, 2020	0.1%	0.2%	0%	-0.1%
Dec 12, 2019	0%	0.2%	0.4%	-0.2%
Nov 14, 2019	0.4%	0.3%	-0.3%	0.1%
Oct 08, 2019	-0.3%	0.1%	0.1%	-0.4%
Sep 11, 2019	0.1%	0%	0.2%	0.1%
Aug 09, 2019	0.2%	0.2%	0.1%
Jul 12, 2019	0.1%	0%	0.1%	0.1%
Jun 11, 2019	0.1%	0.1%	0.2%
May 09, 2019	0.2%	0.2%	0.6%
Apr 11, 2019	0.6%	0.3%	0.1%	0.3%
Mar 13, 2019	0.1%	0.2%	-0.1%	-0.1%
Feb 14, 2019	-0.1%	0.1%	-0.1%	-0.2%
Jan 15, 2019	-0.2%	-0.1%	0.1%	-0.1%
Dec 11, 2018	0.1%	0%	0.6%	0.1%
Nov 09, 2018	0.6%	0.2%	0.2%	0.4%
Oct 10, 2018	0.2%	0.2%	-0.1%
Sep 12, 2018	-0.1%	0.2%	0%	-0.3%
Aug 09, 2018	0%	0.2%	0.3%	-0.2%
Jul 11, 2018	0.3%	0.2%	0.5%	0.1%
Jun 13, 2018	0.5%	0.3%	0.1%	0.2%
May 09, 2018	0.1%	0.2%	0.3%	-0.1%
Apr 10, 2018	0.3%	0.1%	0.2%	0.2%
Mar 14, 2018	0.2%	0.1%	0.4%	0.1%
Feb 15, 2018	0.4%	-0.1%	0%	0.5%
Jan 11, 2018	-0.1%	0.2%	0.4%	-0.3%
Dec 12, 2017	0.4%	0.3%	0.4%	0.1%
Nov 14, 2017	0.4%	0.1%	0.4%	0.3%
Oct 12, 2017	0.4%	0.4%	0.2%
Sep 13, 2017	0.2%	0.3%	-0.1%	-0.1%
Aug 10, 2017	-0.1%	0.1%	0.1%	-0.2%
Jul 13, 2017	0.1%	-0.1%	0%	0.2%
Jun 13, 2017	0%	0%	0.5%
May 11, 2017	0.5%	0.2%	-0.1%	0.3%
Apr 13, 2017	-0.1%	0%	0.3%	-0.1%
Mar 14, 2017	0.3%	0.1%	0.6%	0.2%
Feb 14, 2017	0.6%	0.3%	0.3%	0.3%
Jan 13, 2017	0.3%	0.2%	0.4%	0.1%
Dec 14, 2016	0.4%	0.1%	0%	0.3%
Nov 16, 2016	0%	0.3%	0.3%	-0.3%
Oct 14, 2016	0.3%	0.2%	0%	0.1%
Sep 15, 2016	0%	0.1%	-0.4%	-0.1%
Aug 12, 2016	-0.4%	0.1%	0.5%	-0.5%
Jul 14, 2016	0.5%	0.3%	0.4%	0.2%
Jun 15, 2016	0.4%	0.3%	0.2%	0.1%
May 13, 2016	0.2%	0.3%	-0.1%	-0.1%
Apr 13, 2016	-0.1%	0.2%	-0.2%	-0.3%
Mar 15, 2016	-0.2%	-0.2%	0.1%
Feb 17, 2016	0.1%	-0.2%	-0.2%	0.3%
Jan 15, 2016	-0.2%	-0.2%	0.3%
Dec 11, 2015	0.3%	0%	-0.4%	0.3%
Nov 13, 2015	-0.4%	0.2%	-0.5%	-0.6%
Oct 14, 2015	-0.5%	-0.2%	0%	-0.3%
Sep 11, 2015	0%	-0.1%	0.2%	0.1%
Aug 14, 2015	0.2%	0.1%	0.4%	0.1%
Jul 15, 2015	0.4%	0.2%	0.5%	0.2%
Jun 12, 2015	0.5%	0.4%	-0.4%	0.1%
May 14, 2015	-0.4%	0.2%	0.2%	-0.6%