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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
- PPI Updates Commodity Weight Allocations for the Final Demand–Intermediate Demand Aggregation Structure Read More »
- PPI Modifies News Release Tables Read More »
- Relative Importance-Seasonal Factor Notice January 2026 Read More »
Charts
PPI for final demand components, 1-month percent change, February 2026
Commodity
1-month percent change
Goods
1.1%
Foods
2.4%
Fresh fruits and melons
10.3%
Fresh and dry vegetables
48.9%
Meats
1.4%
Processed poultry
1.5%
Dairy products(1)
0.6%
Soft drinks(1)
-0.4%
Energy
2.3%
Residential electric power
0.3%
Residential natural gas
1.7%
Gasoline
1.8%
Jet fuel(1)
13.2%
Home heating oil and distillates
-5.8%
No. 2 diesel fuel
13.9%
Goods less foods and energy
0.3%
Industrial chemicals
1.3%
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)
2.9%
Services
0.5%
Trade services
0.4%
Machinery and equipment and parts and supplies wholesaling(1)
0.2%
Food and alcohol retailing
-0.5%
Health and beauty retailing, including optical goods(1)
0.3%
Apparel, jewelry, footwear, and accessories retailing
-3.2%
Automobiles and automobile parts retailing
-2.3%
Fuels and lubricants retailing
11.4%
Transportation and warehousing services
0.5%
Rail transportation of freight and mail(1)
0.0%
Truck transportation of freight(1)
1.2%
Water transportation of freight(1)
0.5%
Air transportation of freight(1)
-0.8%
Courier, messenger, and U.S. postal service
-0.1%
Airline passenger services
-0.6%
Less trade, transportation, and warehousing
0.6%
Loan services (partial)
-0.3%
Securities brokerage, dealing, investment advice, and related services(1)
4.2%
Portfolio management(1)
1.0%
Outpatient care (partial)
0.2%
Inpatient care
0.5%
Traveler accommodation services
5.7%
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
+1.1%(p) in Feb 2026
Foods
+2.4%(p) in Feb 2026
Energy
+2.3%(p) in Feb 2026
Core goods
+0.3%(p) in Feb 2026
FINAL DEMAND SERVICES:
Total
+0.5%(p) in Feb 2026
Transportation and warehousing
+0.5%(p) in Feb 2026
Trade
+0.4%(p) in Feb 2026
Other
+0.6%(p) in Feb 2026
FINAL DEMAND CONSTRUCTION:
Construction
+0.1%(p) in Feb 2026
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
+1.6%(p) in Feb 2026
Unprocessed goods
+3.1%(p) in Feb 2026
Services
+0.8%(p) in Feb 2026
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+1.0%(p) in Feb 2026
Stage 3 intermediate demand
+0.7%(p) in Feb 2026
Stage 2 intermediate demand
+1.8%(p) in Feb 2026
Stage 1 intermediate demand
+1.4%(p) in Feb 2026
GOODS:
Motor vehicles
+0.1%(p) in Feb 2026
Pharmaceutical preparations
unchanged in Feb 2026
Gasoline
+1.8%(p) in Feb 2026
Meats
+1.4%(p) in Feb 2026
Industrial chemicals
+1.3%(p) in Feb 2026
Lumber
+0.1%(p) in Feb 2026
Steel mill products
+3.0%(p) in Feb 2026
Diesel fuel
+13.9%(p) in Feb 2026
Prepared animal feeds
-0.1%(p) in Feb 2026
Crude petroleum
+4.7%(p) in Feb 2026
Grains
+0.1%(p) in Feb 2026
Carbon steel scrap
+5.6%(p) in Feb 2026
SERVICES:
Outpatient healthcare
+0.2%(p) in Feb 2026
Inpatient healthcare services
+0.5%(p) in Feb 2026
Food and alcohol retailing
-0.5%(p) in Feb 2026
Apparel and jewelry retailing
-3.2%(p) in Feb 2026
Airline passenger services
-0.6%(p) in Feb 2026
Securities brokerage, dealing, investment, and related services
+4.2%(p) in Feb 2026
Business loans (partial)
-0.4%(p) in Feb 2026
Legal services
+1.0%(p) in Feb 2026
Truck transportation of freight
+1.2%(p) in Feb 2026
Machinery and equipment wholesaling
+0.2%(p) in Feb 2026
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand advances 0.7% in February; services rise 0.5%, goods increase 1.1%
03/18/2026
The Producer Price Index for final demand increased 0.7 percent in February. Prices for final
demand services moved up 0.5 percent, and the index for final demand goods advanced 1.1
percent. The index for final demand rose 3.4 percent for the 12 months ended in February.
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Charts
Next Release
The Producer Price Index for
March 2026
is scheduled to be released on
April 14, 2026,
at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer Price Index up 3.0 percent over year ending December 2025
The Producer Price Index for final demand increased 3.0 percent in 2025 after rising 3.5 percent in 2024. Producer prices for goods rose 2.5 percent in 2025, while prices for services increased 3.2 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 »