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Producer prices increased 2.9 percent from January 2025 to January 2026

March 09, 2026

The Producer Price Index for final demand advanced 2.9 percent from January 2025 to January 2026. Prices for final demand goods increased 1.6 percent, while prices for final demand services rose 3.4 percent.

Chart Image
Chart Data

12-month percent changes in the Producer Price Indexes for selected final demand components, January 2026
Commodity	12-month percent change
Goods	1.6
Foods	-1.2
Fresh fruits and melons	-11.9
Fresh and dry vegetables	5.9
Meats	9.7
Processed poultry	2.3
Dairy products	-8.0
Soft drinks	5.3
Energy	-4.4
Residential electric power	5.5
Residential natural gas	7.3
Gasoline	-15.7
Jet fuel	-13.4
Home heating oil and distillates	-12.0
No. 2 diesel fuel	-12.3
Goods less foods and energy	4.2
Industrial chemicals	-5.5
Pharmaceutical preparations	0.9
Passenger cars	0.5
Trucks, 14,000 lbs. and under	1.8
Aircraft and aircraft equipment	2.1
Cigarettes, including nontobacco	11.6
Services	3.4
Trade services	4.2
Machinery and equipment and parts and supplies wholesaling	5.3
Food and alcohol retailing	3.6
Health and beauty retailing, including optical goods	0.5
Apparel, jewelry, footwear, and accessories retailing	16.6
Automobiles and automobile parts retailing	-6.0
Fuels and lubricants retailing	9.1
Transportation and warehousing services	2.8
Rail transportation of freight and mail	0.3
Truck transportation of freight	2.0
Water transportation of freight	1.0
Air transportation of freight	1.7
Courier, messenger, and U.S. postal service	7.5
Airline passenger services	3.8
Less trade, transportation, and warehousing	3.2
Loan services (partial)	-17.8
Securities brokerage, dealing, investment advice, and related services	2.1
Portfolio management	17.9
Outpatient care (partial)	1.8
Inpatient care	4.0
Traveler accommodation services	-1.9
Note: Data are not seasonally adjusted and are subject to revision up to 4 months after originally published.

Producer prices for final demand goods over the year ended January 2026 included a 1.2-percent decrease in prices for food and a 4.4-percent decrease in energy prices. Goods less food and energy increased 4.2 percent over the year. Within services, prices for trade rose 4.2 percent, while transportation and warehousing prices increased 2.8 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — January 2026." Producer price indexes measure prices U.S. producers receive for goods, services, and construction. All producer price data are subject to revision in each month after initial publication before becoming final 4 months after initial publication. We also have more charts of the latest Producer Price Indexes data.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices increased 2.9 percent from January 2025 to January 2026 at https://www.bls.gov/opub/ted/2026/producer-prices-increased-2-9-percent-from-january-2025-to-january-2026.htm (visited March 09, 2026).

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