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Producer Price Indexes
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Producer Price Index Home
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
- PPI Modifies News Release Tables Read More »
- Relative Importance-Seasonal Factor Notice January 2026 Read More »
- PPI Updates Commodity Weight Allocations for the FD-ID System Read More »
Charts
PPI for final demand components, 1-month percent change, January 2026
Commodity
1-month percent change
Goods
-0.3%
Foods
-1.5%
Fresh fruits and melons
-10.5%
Fresh and dry vegetables
-5.7%
Meats
0.4%
Processed poultry
0.7%
Dairy products(1)
-1.9%
Soft drinks(1)
2.5%
Energy
-2.7%
Residential electric power
-1.0%
Residential natural gas
-1.6%
Gasoline
-5.5%
Jet fuel(1)
-4.6%
Home heating oil and distillates
-6.5%
No. 2 diesel fuel
-1.2%
Goods less foods and energy
0.7%
Industrial chemicals
-1.5%
Pharmaceutical preparations(1)
0.6%
Passenger cars
0.0%
Trucks, 14,000 lbs. and under
0.1%
Aircraft and aircraft equipment
0.1%
Cigarettes, including nontobacco(1)
0.1%
Services
0.8%
Trade services
2.5%
Machinery and equipment and parts and supplies wholesaling(1)
1.5%
Food and alcohol retailing
2.0%
Health and beauty retailing, including optical goods(1)
3.2%
Apparel, jewelry, footwear, and accessories retailing
8.8%
Automobiles and automobile parts retailing(1)
0.7%
Fuels and lubricants retailing(1)
0.5%
Transportation and warehousing services
1.0%
Rail transportation of freight and mail(1)
0.1%
Truck transportation of freight(1)
0.7%
Water transportation of freight(1)
1.2%
Air transportation of freight(1)
0.0%
Courier, messenger, and U.S. postal service
0.0%
Airline passenger services
2.6%
Less trade, transportation, and warehousing
0.0%
Loan services (partial)
-4.4%
Securities brokerage, dealing, investment advice, and related services(1)
-1.2%
Portfolio management(1)
1.5%
Outpatient care (partial)
0.2%
Inpatient care
0.2%
Traveler accommodation services
-4.1%
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
-0.3%(p) in Jan 2026
Foods
-1.5%(p) in Jan 2026
Energy
-2.7%(p) in Jan 2026
Core goods
+0.7%(p) in Jan 2026
FINAL DEMAND SERVICES:
Total
+0.8%(p) in Jan 2026
Transportation and warehousing
+1.0%(p) in Jan 2026
Trade
+2.5%(p) in Jan 2026
Other
unchanged in Jan 2026
FINAL DEMAND CONSTRUCTION:
Construction
+1.2%(p) in Jan 2026
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
unchanged in Jan 2026
Unprocessed goods
-0.5%(p) in Jan 2026
Services
+0.3%(p) in Jan 2026
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.4%(p) in Jan 2026
Stage 3 intermediate demand
unchanged in Jan 2026
Stage 2 intermediate demand
+0.1%(p) in Jan 2026
Stage 1 intermediate demand
+0.6%(p) in Jan 2026
GOODS:
Motor vehicles
+0.1%(p) in Jan 2026
Pharmaceutical preparations
+0.6%(p) in Jan 2026
Gasoline
-5.5%(p) in Jan 2026
Meats
+0.4%(p) in Jan 2026
Industrial chemicals
-1.5%(p) in Jan 2026
Lumber
+1.1%(p) in Jan 2026
Steel mill products
+1.1%(p) in Jan 2026
Diesel fuel
-1.2%(p) in Jan 2026
Prepared animal feeds
+0.5%(p) in Jan 2026
Crude petroleum
+1.8%(p) in Jan 2026
Grains
-5.6%(p) in Jan 2026
Carbon steel scrap
+3.4%(p) in Jan 2026
SERVICES:
Outpatient healthcare
+0.2%(p) in Jan 2026
Inpatient healthcare services
+0.2%(p) in Jan 2026
Food and alcohol retailing
+2.0%(p) in Jan 2026
Apparel and jewelry retailing
+8.8%(p) in Jan 2026
Airline passenger services
+2.6%(p) in Jan 2026
Securities brokerage, dealing, investment, and related services
-1.2%(p) in Jan 2026
Business loans (partial)
-7.5%(p) in Jan 2026
Legal services
+1.8%(p) in Jan 2026
Truck transportation of freight
+0.7%(p) in Jan 2026
Machinery and equipment wholesaling
+1.5%(p) in Jan 2026
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand advances 0.5% in January; services rise 0.8%, goods decrease 0.3%
02/27/2026
The Producer Price Index for final demand increased 0.5 percent in January. Prices for final
demand services advanced 0.8 percent, and the index for final demand goods declined 0.3
percent. On an unadjusted basis, the index for final demand rose 2.9 percent for the 12 months
ended in January.
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Charts
Next Release
February 2026 PPI data are scheduled to be released on March 18, 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 »