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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.
PPI for final demand components, 1-month percent change, May 2026
Commodity
1-month percent change
Goods
2.8%
Foods
0.6%
Fresh fruits and melons
8.7%
Fresh and dry vegetables
3.7%
Meats
-1.3%
Processed poultry
-0.8%
Dairy products(1)
1.3%
Soft drinks(1)
1.2%
Energy
10.7%
Residential electric power
-0.2%
Residential natural gas
0.4%
Gasoline
23.4%
Jet fuel(1)
22.5%
Home heating oil and distillates
16.3%
No. 2 diesel fuel
15.7%
Goods less foods and energy
0.8%
Industrial chemicals
7.6%
Pharmaceutical preparations(1)
0.0%
Passenger cars
0.0%
Trucks, 14,000 lbs. and under
0.2%
Aircraft and aircraft equipment
0.2%
Cigarettes, including nontobacco(1)
1.0%
Services
0.3%
Trade services
-1.1%
Machinery and equipment and parts and supplies wholesaling(1)
-1.9%
Food and alcohol retailing
1.4%
Health and beauty retailing, including optical goods(1)
1.0%
Apparel, jewelry, footwear, and accessories retailing
1.5%
Automobiles and automobile parts retailing
-1.2%
Fuels and lubricants retailing
-11.9%
Transportation and warehousing services
2.6%
Rail transportation of freight and mail(1)
0.0%
Truck transportation of freight(1)
3.4%
Water transportation of freight(1)
2.9%
Air transportation of freight(1)
0.5%
Courier, messenger, and U.S. postal service
1.1%
Airline passenger services
2.5%
Less trade, transportation, and warehousing
0.7%
Loan services (partial)
-2.6%
Securities brokerage, dealing, investment advice, and related services(1)
5.4%
Portfolio management(1)
4.8%
Outpatient care (partial)
0.1%
Inpatient care
0.4%
Traveler accommodation services
2.3%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision up to 4 months after originally published.
Processed goods
+3.5%(p) in May 2026
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Stage 4 intermediate demand
+1.1%(p) in May 2026
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Stage 3 intermediate demand
+1.9%(p) in May 2026
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Motor vehicles
+0.2%(p) in May 2026
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Pharmaceutical preparations
unchanged in May 2026
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Gasoline
+23.4%(p) in May 2026
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Industrial chemicals
+7.6%(p) in May 2026
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Steel mill products
+2.1%(p) in May 2026
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Diesel fuel
+15.7%(p) in May 2026
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Prepared animal feeds
+1.2%(p) in May 2026
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Outpatient healthcare
+0.1%(p) in May 2026
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Inpatient healthcare services
+0.4%(p) in May 2026
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Food and alcohol retailing
+1.4%(p) in May 2026
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Apparel and jewelry retailing
+1.5%(p) in May 2026
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Airline passenger services
+2.5%(p) in May 2026
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Securities brokerage, dealing, investment, and related services
+5.4%(p) in May 2026
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Business loans (partial)
-2.9%(p) in May 2026
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Legal services
+1.1%(p) in May 2026
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06/11/2026
The Producer Price Index for final demand rose 1.1 percent in May. Prices for final demand
goods increased 2.8 percent, and the index for final demand services moved up 0.3 percent.
Prices for final demand advanced 6.5 percent for the 12 months ended in May.
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