Producer Price Index - August 2026

Transmission of material in this release is embargoed until 8:30 am (ET) September 10, 2026

USDL-00-0000

Top Takeaways

1-month percent change, August 2026

+0.4%

PPI for final demand, seasonally adjusted

12-month percent change, August 2026

+5.4%

PPI for final demand, not seasonally adjusted

Abstract

The Producer Price Index for final demand moved up 0.4 percent in August. Prices for final demand goods advanced 1.1 percent, and the index for final demand services increased 0.1 percent. Prices for final demand rose 5.4 percent for the 12 months ended in August.

PPI FINAL DEMAND

1-month percent changes in selected final demand price indexes, seasonally adjusted
Month	Final demand	Final demand goods	Final demand services	Final demand construction	Final demand less foods, energy, and trade services
Aug 2023	0.7%	1.6%	0.2%	0.1%	0.3%
Sept 2023	0.2%	1.0%	-0.1%	0.1%	0.3%
Oct 2023	-0.3%	-1.2%	0.0%	-0.2%	0.0%
Nov 2023	0.1%	-0.4%	0.3%	-0.2%	0.1%
Dec 2023	-0.1%	-0.2%	-0.1%	0.0%	0.3%
Jan 2024	0.3%	0.0%	0.4%	0.3%	0.5%
Feb 2024	0.5%	1.0%	0.4%	0.0%	0.4%
Mar 2024	0.1%	0.1%	0.1%	0.1%	0.2%
Apr 2024	0.5%	0.3%	0.6%	0.1%	0.5%
May 2024	0.0%	-0.5%	0.3%	0.0%	0.2%
June 2024	0.4%	-0.2%	0.8%	0.3%	0.2%
July 2024	0.0%	0.4%	-0.1%	0.8%	0.4%
Aug 2024	0.3%	-0.1%	0.5%	0.0%	0.2%
Sept 2024	0.3%	-0.3%	0.5%	0.1%	0.2%
Oct 2024	0.3%	0.3%	0.4%	-0.2%	0.2%
Nov 2024	0.1%	0.5%	0.0%	0.0%	0.1%
Dec 2024	0.4%	0.5%	0.4%	0.2%	0.3%
Jan 2025	0.6%	0.6%	0.6%	0.7%	0.4%
Feb 2025	0.2%	0.3%	0.1%	-0.1%	0.4%
Mar 2025	-0.1%	-0.7%	0.1%	-0.1%	0.1%
Apr 2025	-0.3%	-0.1%	-0.3%	-0.4%	-0.2%
May 2025	0.3%	0.1%	0.4%	0.2%	0.1%
June 2025	0.2%	0.3%	0.1%	0.1%	0.1%
July 2025	0.8%	0.6%	0.9%	0.6%	0.7%
Aug 2025	-0.2%	0.2%	-0.3%	-0.1%	0.3%
Sept 2025	0.6%	0.6%	0.6%	0.0%	0.2%
Oct 2025	0.1%	-0.2%	0.2%	1.7%	0.6%
Nov 2025	0.4%	0.8%	0.3%	0.0%	0.3%
Dec 2025	0.4%	-0.1%	0.6%	-0.1%	0.1%
Jan 2026	0.6%	-0.1%	0.9%	1.2%	0.5%
Feb 2026	0.5%	1.0%	0.3%	0.1%	0.5%
Mar 2026	0.8%	2.0%	0.3%	0.1%	0.2%
Apr 2026	1.1%	1.9%	0.8%	-0.1%	0.5%
May 2026	0.5%	2.2%	-0.2%	0.1%	0.8%
June 2026	-0.1%	-1.4%	0.5%	0.1%	0.2%
July 2026	0.1%	-0.4%	0.2%	2.2%	0.4%
Aug 2026	0.4%	1.1%	0.1%	0.0%	0.3%

Overall

The Producer Price Index for final demand increased 0.4 percent in August after increasing 0.1 percent in July.
Prices for final demand goods increased 1.1 percent.
The index for final demand services increased 0.1 percent.
The index for final demand less foods, energy, and trade services increased 0.3 percent.

1-month percent changes in selected final demand goods price indexes, seasonally adjusted
Month	Final demand goods	Final demand foods	Final demand energy	Final demand goods less foods and energy
Aug 2023	1.6%	-0.1%	8.4%	0.1%
Sept 2023	1.0%	0.1%	4.0%	0.3%
Oct 2023	-1.2%	0.0%	-6.0%	0.1%
Nov 2023	-0.4%	0.2%	-2.3%	0.1%
Dec 2023	-0.2%	0.2%	-1.7%	0.1%
Jan 2024	0.0%	0.0%	-0.9%	0.3%
Feb 2024	1.0%	1.1%	3.0%	0.3%
Mar 2024	0.1%	0.2%	0.0%	0.1%
Apr 2024	0.3%	-0.3%	1.0%	0.3%
May 2024	-0.5%	-0.1%	-3.5%	0.3%
June 2024	-0.2%	0.3%	-1.8%	0.1%
July 2024	0.4%	0.2%	1.3%	0.2%
Aug 2024	-0.1%	0.6%	-1.5%	0.2%
Sept 2024	-0.3%	0.4%	-2.6%	0.1%
Oct 2024	0.3%	-0.3%	1.2%	0.2%
Nov 2024	0.5%	2.2%	-0.3%	0.2%
Dec 2024	0.5%	0.2%	2.2%	0.1%
Jan 2025	0.6%	0.8%	1.6%	0.2%
Feb 2025	0.3%	1.6%	-1.2%	0.3%
Mar 2025	-0.7%	-2.0%	-3.0%	0.3%
Apr 2025	-0.1%	-1.0%	-0.5%	0.3%
May 2025	0.1%	0.2%	-0.2%	0.3%
June 2025	0.3%	0.2%	0.9%	0.2%
July 2025	0.6%	1.2%	0.7%	0.4%
Aug 2025	0.2%	-0.1%	-0.2%	0.4%
Sept 2025	0.6%	0.8%	2.0%	0.2%
Oct 2025	-0.2%	-0.4%	-2.2%	0.5%
Nov 2025	0.8%	0.1%	3.4%	0.2%
Dec 2025	-0.1%	-0.2%	-1.5%	0.4%
Jan 2026	-0.1%	-1.3%	-1.7%	0.7%
Feb 2026	1.0%	2.3%	2.0%	0.4%
Mar 2026	2.0%	-0.6%	10.5%	0.4%
Apr 2026	1.9%	0.3%	7.1%	0.7%
May 2026	2.2%	0.6%	8.2%	0.7%
June 2026	-1.4%	-0.6%	-6.8%	0.2%
July 2026	-0.4%	-0.9%	-1.8%	0.2%
Aug 2026	1.1%	0.1%	4.2%	0.4%

Goods

The index for final demand goods increased 1.1 percent in August after decreasing 0.4 percent in July.
The index for final demand energy increased 4.2 percent.
Prices for final demand goods less foods and energy increased 0.4 percent.
Prices for final demand foods increased 0.1 percent.
Prices for no. 2 diesel fuel increased 24.1 percent.
Prices for gasoline increased 4.2 percent.
Prices for jet fuel increased 21.3 percent.
Prices for home heating oil and distillates increased 22.8 percent.
The index for candy and nuts increased 6.5 percent.
The index for tobacco products increased 2.2 percent.
Prices for residential electric power decreased 0.5 percent.
The index for fresh sausage decreased 4.2 percent.
The index for aluminum mill shapes decreased 4.4 percent.

1-month percent changes in selected final demand services price indexes, seasonally adjusted
Month	Final demand services	Final demand services less trade, transportation, and warehousing	Final demand transportation and warehousing services	Final demand trade services
Aug 2023	0.2%	0.4%	0.1%	-0.1%
Sept 2023	-0.1%	0.3%	0.2%	-1.1%
Oct 2023	0.0%	0.0%	0.4%	0.0%
Nov 2023	0.3%	0.2%	-0.1%	0.5%
Dec 2023	-0.1%	0.6%	-0.7%	-1.3%
Jan 2024	0.4%	0.6%	0.0%	0.1%
Feb 2024	0.4%	0.4%	1.1%	0.3%
Mar 2024	0.1%	0.3%	0.3%	-0.3%
Apr 2024	0.6%	0.7%	-0.5%	0.4%
May 2024	0.3%	0.3%	-0.7%	0.5%
June 2024	0.8%	0.3%	0.1%	2.0%
July 2024	-0.1%	0.4%	1.1%	-1.6%
Aug 2024	0.5%	0.4%	-0.8%	1.1%
Sept 2024	0.5%	0.3%	-0.2%	1.3%
Oct 2024	0.4%	0.3%	0.3%	0.7%
Nov 2024	0.0%	0.2%	-0.3%	-0.5%
Dec 2024	0.4%	0.2%	2.4%	0.3%
Jan 2025	0.6%	0.5%	0.6%	1.1%
Feb 2025	0.1%	0.5%	0.0%	-0.7%
Mar 2025	0.1%	0.3%	-1.7%	0.4%
Apr 2025	-0.3%	-0.4%	0.1%	-0.3%
May 2025	0.4%	0.1%	0.0%	1.3%
June 2025	0.1%	0.2%	-0.6%	0.0%
July 2025	0.9%	0.7%	1.4%	1.2%
Aug 2025	-0.3%	0.3%	0.6%	-2.1%
Sept 2025	0.6%	0.2%	0.7%	1.6%
Oct 2025	0.2%	0.7%	0.0%	-0.9%
Nov 2025	0.3%	0.2%	0.8%	0.2%
Dec 2025	0.6%	0.0%	0.2%	1.8%
Jan 2026	0.9%	0.3%	1.0%	2.0%
Feb 2026	0.3%	0.5%	0.8%	-0.3%
Mar 2026	0.3%	0.0%	2.2%	0.5%
Apr 2026	0.8%	0.1%	3.7%	1.5%
May 2026	-0.2%	0.7%	2.2%	-2.7%
June 2026	0.5%	0.2%	-0.3%	1.2%
July 2026	0.2%	0.5%	-1.1%	-0.1%
Aug 2026	0.1%	0.0%	2.3%	-0.2%

Services

The index for final demand services increased 0.1 percent in August after increasing 0.2 percent in July.
Prices for final demand transportation and warehousing services increased 2.3 percent.
Margins for final demand trade services decreased 0.2 percent.
The index for final demand services less trade, transportation, and warehousing was unchanged.
The index for truck transportation of freight increased 2.0 percent.
The index for airline passenger services increased 4.2 percent.
Prices for legal services increased 1.7 percent.
Prices for hospital inpatient care increased 0.5 percent.
Margins for automobiles retailing (partial) increased 4.2 percent.
Margins for fuels and lubricants retailing decreased 11.3 percent.
Margins for health, beauty, and optical goods retailing decreased 3.6 percent.
Margins for machinery and equipment wholesaling decreased 1.0 percent.
Prices for portfolio management decreased 1.6 percent.

12-month percent change, Producer Price Indexes, selected final demand categories, August 2026, not seasonally adjusted
Month	Final demand	Final demand goods	Final demand services	Final demand construction	Final demand less foods, energy, and trade services
Aug 2023	1.9%	0.4%	2.7%	3.8%	2.9%
Sept 2023	1.8%	0.8%	2.4%	3.7%	2.9%
Oct 2023	1.1%	-1.1%	2.2%	0.8%	2.8%
Nov 2023	0.8%	-1.6%	2.0%	0.5%	2.5%
Dec 2023	1.1%	-0.5%	1.8%	0.5%	2.7%
Jan 2024	1.0%	-1.5%	2.3%	-1.0%	2.7%
Feb 2024	1.6%	0.2%	2.4%	-1.1%	2.8%
Mar 2024	2.0%	0.8%	2.7%	-1.1%	2.9%
Apr 2024	2.3%	1.2%	2.9%	-0.8%	3.2%
May 2024	2.5%	1.6%	3.1%	-0.9%	3.4%
June 2024	2.9%	1.3%	3.8%	-0.6%	3.4%
July 2024	2.4%	1.7%	2.8%	1.3%	3.5%
Aug 2024	2.1%	-0.1%	3.1%	1.2%	3.5%
Sept 2024	2.1%	-1.2%	3.7%	1.3%	3.4%
Oct 2024	2.8%	0.2%	4.1%	1.3%	3.6%
Nov 2024	2.9%	1.1%	3.8%	1.5%	3.6%
Dec 2024	3.5%	1.9%	4.3%	1.6%	3.6%
Jan 2025	3.8%	2.4%	4.5%	2.1%	3.5%
Feb 2025	3.4%	1.7%	4.3%	2.0%	3.6%
Mar 2025	3.2%	0.8%	4.3%	1.8%	3.5%
Apr 2025	2.4%	0.4%	3.3%	1.3%	2.7%
May 2025	2.7%	1.1%	3.5%	1.5%	2.7%
June 2025	2.4%	1.7%	2.8%	1.2%	2.6%
July 2025	3.2%	1.9%	3.9%	1.1%	2.9%
Aug 2025	2.7%	2.1%	3.0%	1.0%	3.0%
Sept 2025	3.0%	3.2%	3.1%	0.8%	3.0%
Oct 2025	2.8%	2.7%	2.9%	2.7%	3.5%
Nov 2025	3.1%	3.0%	3.2%	2.7%	3.6%
Dec 2025	3.1%	2.6%	3.4%	2.5%	3.4%
Jan 2026	3.1%	1.9%	3.6%	2.9%	3.5%
Feb 2026	3.4%	2.5%	3.8%	3.1%	3.5%
Mar 2026	4.3%	5.3%	3.9%	3.3%	3.6%
Apr 2026	5.7%	7.5%	5.0%	3.6%	4.4%
May 2026	5.9%	9.8%	4.4%	3.5%	5.0%
June 2026	5.6%	7.7%	4.7%	3.5%	5.0%
July 2026	4.8%	6.8%	4.0%	5.2%	4.7%
Aug 2026	5.4%	7.7%	4.5%	5.3%	4.7%

12-month percent changes

The Producer Price Index for final demand increased 5.4 percent in August.
The index for final demand services increased 4.5 percent.
Prices for final demand goods increased 7.7 percent.
Prices for final demand construction increased 5.3 percent.
The index for final demand less foods, energy, and trade services increased 4.7 percent.

PPI INTERMEDIATE DEMAND

1-month percent changes in selected processed goods for intermediate demand price indexes, seasonally adjusted
Month	Processed goods for intermediate demand	Processed foods and feeds	Processed energy goods	Processed materials less foods and energy
Aug 2023	2.0%	0.7%	11.4%	-0.2%
Sept 2023	0.6%	0.5%	2.6%	0.0%
Oct 2023	-1.0%	-0.1%	-4.4%	-0.1%
Nov 2023	-0.7%	-0.6%	-2.1%	-0.3%
Dec 2023	-0.5%	0.0%	-3.0%	0.2%
Jan 2024	-0.1%	-1.4%	-1.1%	0.3%
Feb 2024	1.1%	0.4%	3.7%	0.4%
Mar 2024	-0.3%	0.2%	0.1%	-0.5%
Apr 2024	0.5%	-0.1%	1.1%	0.3%
May 2024	-1.1%	0.5%	-6.3%	0.1%
June 2024	-0.1%	0.6%	-0.8%	0.0%
July 2024	0.4%	0.9%	1.5%	0.0%
Aug 2024	-0.1%	0.0%	-0.6%	0.1%
Sept 2024	-0.8%	0.5%	-4.2%	-0.1%
Oct 2024	0.4%	0.1%	1.6%	0.2%
Nov 2024	0.1%	0.6%	-0.5%	0.2%
Dec 2024	0.2%	0.3%	1.3%	-0.1%
Jan 2025	0.8%	0.5%	2.5%	0.4%
Feb 2025	0.4%	2.1%	-0.2%	0.3%
Mar 2025	0.1%	-0.2%	-2.1%	0.7%
Apr 2025	0.3%	-0.9%	-0.1%	0.5%
May 2025	0.2%	0.7%	-1.5%	0.5%
June 2025	-0.1%	-0.3%	-0.1%	0.0%
July 2025	0.7%	-0.2%	2.2%	0.4%
Aug 2025	0.4%	0.6%	0.2%	0.4%
Sept 2025	0.2%	0.7%	0.1%	0.2%
Oct 2025	-0.1%	-1.6%	-0.6%	0.2%
Nov 2025	0.6%	-0.3%	3.0%	0.1%
Dec 2025	0.1%	-1.0%	-2.4%	0.8%
Jan 2026	0.1%	-0.3%	-1.2%	0.5%
Feb 2026	1.5%	0.2%	5.0%	0.8%
Mar 2026	3.0%	0.6%	12.8%	0.8%
Apr 2026	2.6%	0.4%	7.3%	1.6%
May 2026	2.7%	0.6%	7.5%	1.6%
June 2026	-1.0%	0.1%	-7.1%	0.7%
July 2026	-0.4%	-0.5%	-2.0%	0.1%
Aug 2026	1.8%	-0.1%	7.3%	0.5%

Processed goods

Prices for processed goods for intermediate demand increased 1.8 percent in August after decreasing 0.4 percent in July.
Prices for processed energy goods increased 7.3 percent.
The index for processed materials less foods and energy increased 0.5 percent.
The index for processed foods and feeds decreased 0.1 percent.
Prices for no. 2 diesel fuel increased 24.1 percent.
Prices for jet fuel increased 21.3 percent.
Prices for gasoline increased 4.2 percent.
The index for printed circuit assemblies, boards, modules, and modems increased 13.1 percent.
The index for basic organic chemicals increased 1.7 percent.
Prices for heating oil increased 22.8 percent.
The index for fluid milk products decreased 3.1 percent.
The index for aluminum mill shapes decreased 4.4 percent.
Prices for utility natural gas decreased 1.1 percent.

1-month percent changes in selected unprocessed goods for intermediate demand price indexes, seasonally adjusted
Month	Unprocessed goods for intermediate demand	Unprocessed foodstuffs and feedstuffs	Unprocessed energy materials	Unprocessed nonfood materials less energy
Aug 2023	2.2%	0.1%	6.0%	-0.3%
Sept 2023	2.2%	-0.4%	6.8%	-0.9%
Oct 2023	-1.5%	-1.7%	-2.1%	-0.2%
Nov 2023	-2.4%	-0.9%	-5.3%	-0.1%
Dec 2023	-3.8%	-2.8%	-7.6%	0.9%
Jan 2024	1.8%	-1.0%	6.4%	-1.0%
Feb 2024	-0.3%	1.6%	-1.1%	-1.9%
Mar 2024	-1.3%	1.9%	-5.4%	0.7%
Apr 2024	2.5%	0.4%	6.0%	0.8%
May 2024	-0.2%	2.0%	-3.9%	2.2%
June 2024	0.5%	-1.1%	3.1%	-1.0%
July 2024	1.9%	1.3%	3.2%	0.8%
Aug 2024	-3.3%	-1.0%	-6.7%	-1.1%
Sept 2024	-2.4%	2.0%	-9.6%	1.3%
Oct 2024	2.8%	-0.3%	7.6%	1.2%
Nov 2024	-0.1%	2.4%	-3.0%	-0.1%
Dec 2024	3.0%	1.2%	8.0%	-1.4%
Jan 2025	5.5%	1.7%	12.3%	1.5%
Feb 2025	0.3%	4.4%	-4.2%	1.3%
Mar 2025	-3.8%	-5.6%	-5.0%	1.0%
Apr 2025	-3.5%	-2.9%	-7.1%	1.1%
May 2025	-1.6%	1.2%	-5.0%	-0.9%
June 2025	2.2%	0.9%	5.1%	0.7%
July 2025	1.3%	0.7%	1.9%	1.5%
Aug 2025	-1.8%	-0.4%	-4.3%	-0.5%
Sept 2025	-0.5%	0.4%	-2.8%	1.2%
Oct 2025	-1.3%	-1.8%	-4.1%	3.3%
Nov 2025	2.4%	-0.3%	3.9%	4.5%
Dec 2025	2.1%	-2.2%	6.9%	2.2%
Jan 2026	4.3%	-3.0%	13.4%	3.8%
Feb 2026	5.9%	4.4%	11.5%	1.0%
Mar 2026	-0.2%	0.8%	-1.2%	0.8%
Apr 2026	1.9%	0.3%	5.4%	-0.4%
May 2026	3.0%	4.0%	2.5%	2.4%
June 2026	-6.5%	-3.7%	-12.9%	-1.7%
July 2026	0.7%	0.7%	0.0%	1.6%
Aug 2026	1.1%	-0.1%	1.5%	2.1%

Unprocessed goods

The index for unprocessed goods for intermediate demand increased 1.1 percent in August after increasing 0.7 percent in July.
Prices for unprocessed nonfood materials less energy increased 2.1 percent.
The index for unprocessed energy materials increased 1.5 percent.
Prices for unprocessed foodstuffs and feedstuffs decreased 0.1 percent.
Prices for nonferrous scrap increased 3.7 percent.
The index for crude petroleum increased 5.2 percent.
Prices for slaughter poultry increased 8.7 percent.
Prices for corn increased 5.1 percent.
Prices for nonferrous metal ores increased 2.7 percent.
Prices for hay, hayseeds, and oilseeds increased 3.4 percent.
Prices for slaughter cattle decreased 6.4 percent.
The index for natural gas decreased 11.6 percent.
Prices for iron and steel scrap decreased 0.7 percent.

1-month percent changes in selected services for intermediate demand price indexes, seasonally adjusted
Month	Services for intermediate demand	Services less trade, transportation, and warehousing for intermediate demand	Transportation and warehousing services for intermediate demand	Trade services for intermediate demand
Aug 2023	-0.1%	0.1%	-0.6%	-0.5%
Sept 2023	0.3%	0.3%	0.8%	-0.5%
Oct 2023	0.1%	-0.4%	0.4%	1.5%
Nov 2023	0.6%	0.5%	-0.2%	1.5%
Dec 2023	0.3%	0.4%	0.8%	-0.3%
Jan 2024	0.8%	0.9%	0.1%	1.0%
Feb 2024	0.2%	0.6%	1.0%	-1.8%
Mar 2024	0.3%	0.4%	0.0%	0.1%
Apr 2024	0.1%	0.1%	0.4%	-0.4%
May 2024	0.3%	0.1%	0.5%	0.6%
June 2024	0.4%	0.5%	-0.2%	0.8%
July 2024	0.3%	0.1%	0.6%	0.4%
Aug 2024	0.0%	0.0%	-0.2%	0.2%
Sept 2024	0.2%	0.2%	0.0%	0.2%
Oct 2024	0.2%	0.1%	0.3%	0.3%
Nov 2024	-0.1%	-0.4%	0.1%	0.7%
Dec 2024	0.4%	0.4%	1.1%	0.0%
Jan 2025	0.1%	-0.1%	0.5%	0.9%
Feb 2025	0.2%	0.2%	0.2%	0.4%
Mar 2025	0.4%	0.0%	-0.4%	2.6%
Apr 2025	-0.4%	-0.1%	0.4%	-2.1%
May 2025	0.1%	0.2%	-0.2%	-0.1%
June 2025	0.1%	-0.1%	0.4%	0.5%
July 2025	0.6%	0.3%	0.9%	1.3%
Aug 2025	0.0%	0.5%	0.3%	-1.9%
Sept 2025	0.3%	-0.1%	0.4%	1.5%
Oct 2025	0.4%	0.4%	0.3%	0.2%
Nov 2025	0.2%	-0.1%	0.6%	1.0%
Dec 2025	0.6%	0.3%	0.7%	1.6%
Jan 2026	0.6%	0.2%	0.5%	2.2%
Feb 2026	0.3%	0.4%	0.7%	-0.1%
Mar 2026	0.1%	-0.1%	0.6%	0.2%
Apr 2026	0.9%	0.4%	3.1%	0.9%
May 2026	0.4%	0.7%	1.0%	-1.1%
June 2026	0.8%	0.5%	-0.2%	2.4%
July 2026	0.1%	0.4%	-0.2%	-0.4%
Aug 2026	0.3%	-0.1%	1.3%	1.0%

Services

Prices for services for intermediate demand increased 0.3 percent in August after increasing 0.1 percent in July.
Prices for transportation and warehousing services for intermediate demand increased 1.3 percent.
The index for trade services for intermediate demand increased 1.0 percent.
The index for services less trade, transportation, and warehousing for intermediate demand decreased 0.1 percent.
The index for courier, messenger, and U.S. postal services increased 1.5 percent.
The index for legal services increased 1.7 percent.
The index for truck transportation of freight increased 2.0 percent.
The index for airline passenger services increased 4.2 percent.
The index for loan services (partial) increased 1.3 percent.
Margins for hardware, building materials, and supplies retailing increased 5.3 percent.
The index for management, scientific, and technical consulting services decreased 4.6 percent.
The index for temporary help services decreased 1.7 percent.
Margins for fuels and lubricants retailing decreased 11.3 percent.

12-month percent change, Producer Price Indexes, selected intermediate demand categories, August 2026, not seasonally adjusted
Month	Processed goods for intermediate demand	Unprocessed goods for intermediate demand	Services for intermediate demand
Aug 2023	-4.4%	-26.2%	4.2%
Sept 2023	-3.7%	-21.5%	4.0%
Oct 2023	-4.6%	-14.8%	3.5%
Nov 2023	-4.6%	-14.0%	3.2%
Dec 2023	-2.8%	-18.7%	3.7%
Jan 2024	-3.7%	-13.5%	3.6%
Feb 2024	-2.0%	-9.3%	3.3%
Mar 2024	-1.8%	-6.3%	3.8%
Apr 2024	-0.6%	-5.0%	3.4%
May 2024	-0.6%	-0.1%	3.5%
June 2024	-0.2%	1.7%	4.0%
July 2024	0.8%	1.4%	3.6%
Aug 2024	-1.3%	-3.9%	3.8%
Sept 2024	-2.7%	-8.2%	3.6%
Oct 2024	-1.4%	-4.2%	3.8%
Nov 2024	-0.6%	-2.2%	3.0%
Dec 2024	0.1%	4.5%	3.1%
Jan 2025	1.0%	8.3%	2.4%
Feb 2025	0.3%	9.3%	2.5%
Mar 2025	0.7%	6.5%	2.6%
Apr 2025	0.5%	0.3%	2.1%
May 2025	1.8%	-1.2%	1.9%
June 2025	1.8%	0.6%	1.6%
July 2025	2.1%	0.2%	1.9%
Aug 2025	2.6%	1.7%	1.9%
Sept 2025	3.7%	3.6%	2.0%
Oct 2025	3.1%	-0.6%	2.2%
Nov 2025	3.6%	2.0%	2.5%
Dec 2025	3.5%	1.0%	2.7%
Jan 2026	2.8%	-0.1%	3.2%
Feb 2026	4.0%	5.4%	3.3%
Mar 2026	6.9%	9.5%	3.0%
Apr 2026	9.5%	15.2%	4.3%
May 2026	12.4%	20.5%	4.6%
June 2026	11.2%	10.2%	5.4%
July 2026	10.1%	9.6%	4.9%
Aug 2026	11.5%	12.8%	5.1%

12-month percent changes

The index for processed goods for intermediate demand increased 11.5 percent.
The index for unprocessed goods for intermediate demand increased 12.8 percent.
The index for services for intermediate demand increased 5.1 percent.

Additional Measures

The index for stage 4 intermediate demand increased 0.4 percent.
The index for stage 3 intermediate demand increased 0.8 percent.
The index for stage 2 intermediate demand increased 0.8 percent.
The index for stage 1 intermediate demand increased 1.4 percent.

Additional Information

Contact Information

Technical information:
- (202) 691-7705; PPI-info@bls.gov; www.bls.gov/ppi
Media contact:
- (202) 691-5902; PressOffice@bls.gov

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Next Release

October 15, 2026 at 8:30 am (ET)

What is the Producer Price Index?

The Producer Price Index (PPI) measures the average change in prices domestic producers receive for the sale of their products. Indexes are available for the goods, services, and construction sectors of the economy.