US producer price index, 1913 to 2026
US producer price index stood at 287 in 2026, down 1.3% on the previous period.
The latest reading is an index level of 292.5, for May 2026, against an index level of 282.7 in April 2026. The series is monthly (FRED series PPIACO) and runs from January 1913.
How it is measured
The Producer Price Index for all commodities: selling prices received by domestic producers, indexed to 1982 = 100. It measures inflation one step upstream of the consumer, at the factory and farm gate, before retail margins and services are layered on. The data reaches us through FRED, the Federal Reserve Bank of St. Louis's data service, and originates with the Bureau of Labor Statistics.
What the curve shows
Producer prices lead consumer prices imperfectly but usefully: input costs surge before shelf prices do. The index ran from 10.3 (February 1933) to 292.5 (May 2026) over this window, and its sharp swings show how much more volatile raw goods are than the consumer basket.
What does the index level mean?
Why show the level instead of the change?
Make this chart yours.
Open it in the editor with the data already loaded. Brand it, animate it, embed it.