Inflationmonthly

PPI Final Demand

Producer Price Index for final demand — leading indicator of consumer inflation.

153.23

1W +0.00%1M +0.00%3M +0.68%

Updated 35m ago

Updated just now

AI Analysis

Apr 2, 2026

The critical insight the market may be underpricing is the inflation pipeline lag — PPI at +0.7% 3M is building pressure that will not appear in CPI until April/May releases, meaning financial conditions will face a second tightening shock from inflation data just as markets might be tempted to price in de-escalation. At $111 WTI, this represents ~$4.0-5.2pp annualized energy CPI contribution — a massive inflationary impulse on top of a PPI pipeline already building at +0.7% 3M. PPI pipeline BUILDING: 3M momentum PPI +0.7% (accelerating) → CPI +0.3% → PCE +0.0% (lagging).

Recent Data

Date	Value	Change
Feb 1, 2026	153.23	+0.68%
Jan 1, 2026	152.19	+0.53%
Dec 1, 2025	151.39	+0.38%
Nov 1, 2025	150.82	+0.25%
Oct 1, 2025	150.44	—

Related in Inflation

CPI (All Urban)

Consumer Price Index for all urban consumers — the headline inflation gauge.

Core CPI (ex Food/Energy)

CPI excluding food and energy — less volatile measure of underlying inflation.

PCE Price Index

Personal Consumption Expenditures price index — the Fed's preferred inflation measure.

Core PCE (ex Food/Energy)

Core PCE excluding food and energy — the single most important inflation metric for the Fed.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.