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Producer Price Indexes
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The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
Notices
- Relative Importance-Seasonal Factor Notice January 2026 Read More »
- PPI Updates Commodity Weight Allocations for the FD-ID System Read More »
- BLS to Discontinue Selected PPIs Read More »
Charts
PPI for final demand components, 1-month percent change, December 2025
Commodity
1-month percent change
Goods
0.0%
Foods
-0.3%
Fresh fruits and melons(1)
-0.3%
Fresh and dry vegetables(1)
-20.4%
Meats
-0.8%
Processed poultry
-1.8%
Dairy products(1)
-0.5%
Soft drinks(1)
1.6%
Energy
-1.4%
Residential electric power
-0.3%
Residential natural gas
2.1%
Gasoline
-1.0%
Jet fuel(1)
-7.3%
Home heating oil and distillates
-1.3%
No. 2 diesel fuel
-14.6%
Goods less foods and energy
0.4%
Industrial chemicals
0.7%
Pharmaceutical preparations
0.2%
Passenger cars
0.1%
Trucks, 14,000 lbs. and under
0.5%
Aircraft and aircraft equipment
0.3%
Cigarettes, including nontobacco(1)
0.0%
Services
0.7%
Trade services
1.7%
Machinery and equipment and parts and supplies wholesaling(1)
4.5%
Food and alcohol retailing
3.5%
Health and beauty retailing, including optical goods(1)
4.2%
Apparel, jewelry, footwear, and accessories retailing
2.7%
Automobiles and automobile parts retailing(1)
-1.4%
Fuels and lubricants retailing(1)
-4.4%
Transportation and warehousing services
0.5%
Rail transportation of freight and mail(1)
0.0%
Truck transportation of freight(1)
-0.7%
Water transportation of freight(1)
3.0%
Air transportation of freight(1)
-0.1%
Courier, messenger, and U.S. postal service
0.9%
Airline passenger services
2.9%
Less trade, transportation, and warehousing
0.3%
Loan services (partial)
0.6%
Securities brokerage, dealing, investment advice, and related services(1)
-0.1%
Portfolio management(1)
2.0%
Outpatient care (partial)
0.1%
Inpatient care
0.1%
Traveler accommodation services
7.3%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision up to 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
unchanged in Dec 2025
Foods
-0.3%(p) in Dec 2025
Energy
-1.4%(p) in Dec 2025
Core goods
+0.4%(p) in Dec 2025
FINAL DEMAND SERVICES:
Total
+0.7%(p) in Dec 2025
Transportation and warehousing
+0.5%(p) in Dec 2025
Trade
+1.7%(p) in Dec 2025
Other
+0.3%(p) in Dec 2025
FINAL DEMAND CONSTRUCTION:
Construction
+0.1%(p) in Dec 2025
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
-0.1%(p) in Dec 2025
Unprocessed goods
+2.3%(p) in Dec 2025
Services
+0.7%(p) in Dec 2025
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.6%(p) in Dec 2025
Stage 3 intermediate demand
+0.2%(p) in Dec 2025
Stage 2 intermediate demand
+1.4%(p) in Dec 2025
Stage 1 intermediate demand
+0.5%(p) in Dec 2025
GOODS:
Motor vehicles
+0.4%(p) in Dec 2025
Pharmaceutical preparations
+0.2%(p) in Dec 2025
Gasoline
-1.0%(p) in Dec 2025
Meats
-0.8%(p) in Dec 2025
Industrial chemicals
-0.2%(p) in Dec 2025
Lumber
-0.9%(p) in Dec 2025
Steel mill products
+6.8%(p) in Dec 2025
Diesel fuel
-14.6%(p) in Dec 2025
Prepared animal feeds
+0.6%(p) in Dec 2025
Crude petroleum
-2.7%(p) in Dec 2025
Grains
+2.2%(p) in Dec 2025
Carbon steel scrap
+5.2%(p) in Dec 2025
SERVICES:
Outpatient healthcare
+0.1%(p) in Dec 2025
Inpatient healthcare services
+0.1%(p) in Dec 2025
Food and alcohol retailing
+3.5%(p) in Dec 2025
Apparel and jewelry retailing
+2.7%(p) in Dec 2025
Airline passenger services
+2.9%(p) in Dec 2025
Securities brokerage, dealing, investment, and related services
-0.1%(p) in Dec 2025
Business loans (partial)
-2.8%(p) in Dec 2025
Legal services
-0.1%(p) in Dec 2025
Truck transportation of freight
-0.7%(p) in Dec 2025
Machinery and equipment wholesaling
+4.5%(p) in Dec 2025
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand advances 0.5% in December; services rise 0.7%, goods unchanged
01/30/2026
The Producer Price Index for final demand increased 0.5 percent in December. Prices for final
demand services advanced 0.7 percent, and the index for final demand goods was unchanged. On
an unadjusted basis, prices for final demand rose 3.0 percent in 2025.
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Charts
Next Release
January 2026 PPI data are scheduled to be released on February 27, 2026, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer prices increased 2.7 percent over the year ended September 2025
The Producer Price Index for final demand advanced 2.7 percent from September 2024 to September 2025. Prices for final demand goods increased 3.3 percent, while prices for final demand services rose 2.5 percent. read more »
Beyond the Numbers
The impact of COVID on the price of steel in three phases
This Beyond the Numbers article will examine the price movement of steel in three phases: March 2020–August 2020, when the pandemic shock set in and steel prices fell; September 2020–December 2021, when the economy began to rebuild and steel prices surged; and January 2022–May 2023, when economic activity expanded but steel prices generally moved lower. read more »
Spotlight on Statistics
A Look at a Thrilling Industry: Amusement and Theme Parks
This Spotlight on Statistics reviews historical establishment, employment, and wage trends for the amusement and theme parks industry. Additionally, productivity, consumer expenditures for entertainment fees and admissions, and producer prices for select amusement and theme parks products are reviewed. read more »
Monthly Labor Review
Introducing Producer Price Index research series based on a geometric-mean formula
This article introduces Producer Price Index (PPI) research series calculated with a geometric-mean (geomean) formula and explains the formula’s methodological advantages. The article also compares official and geomean PPIs to illustrate how formula choice affects index values. read more »