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US PPI: upstream price pressure and the inflation path

PPI helps frame producer-side price pressure and the wider inflation path. It is best read alongside CPI, consumption, energy and rate expectations.

Live calendar and latest releasesOpen the live macro radar →

What to watch

The gap between core and headline PPI

Whether services and goods components are changing

Whether the data changes expectations for CPI or the policy path

Before the release

Review recent energy, transport and commodity moves to frame producer-price conditions.

After the release

PPI significance depends on its components and existing expectations; one release should not be treated as a direct forecast of CPI.

Economic event reference

US PPI: upstream price pressure and the inflation path

PPI helps frame producer-side price pressure and the wider inflation path. It is best read alongside CPI, consumption, energy and rate expectations.

Frequently asked questions

Live calendar and latest releases

Open the live macro radar Review recent energy, transport and commodity moves to frame producer-price conditions.

After the release

PPI significance depends on its components and existing expectations; one release should not be treated as a direct forecast of CPI.