United States Producer Price Inflation
Jul 2026 · Monthly
US producer prices rose to 9.85% year-on-year in August, from 8.70% in July. The reading marks an acceleration after a decline in the prior month and remains well above the 2.60% recorded a year earlier. Producer prices increased 0.96% month-on-month in August, while core inflation stood at 2.45%. The August print follows a volatile period, with the index peaking at 12.19% in May, according to the Federal Reserve Bank of St. Louis.
source: Federal Reserve Bank of St. Louis
United States producer prices rose 8.27% year-on-year in July 2026, easing from a 9.90% increase in the prior month. The reading remains well below the all-time high of 47.22% recorded in July 1917, while the series dates back to January 1914.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 8.3% | 9.9% | 47.2%Jul 1917 | -43.9%Jun 1921 | 1914 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Inflation Rate | 3.4% | 3.5% | 14.8% | -2.1% | Jul 2026 | Monthly |
News
About this series
Producer Price Inflation in United States averaged 2.6% from 1990 until 2026, reaching an all-time high of 47.2% in Jul 1917 and a record low of -43.9% in Jun 1921. The series is reported monthly with history from 1914.
The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output. It is reported as a year-on-year percentage change, on a monthly frequency, with data available from January 1914.
Source & methodology
Federal Reserve Bank of St. Louis · Federal Reserve Bank of St. Louis (FRED)
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