US Producer Price Inflation Largest Increase in Service Costs Since 2009

US Producer price inflation continues elevated, all be it off low Covid lockdown bases. Annual PPI rose to 7.8% in July. Biggest price increases were nearly 3/4 due to a 1.1% in services costs, the largest increase since data were first calculated in December 2009.

US Producer price inflation continues elevated, all be it off low Covid lockdown bases. Annual PPI rose to 7.8% in July. Biggest price increases were nearly 3/4 due to a 1.1% in services costs, the largest increase since data were first calculated in December 2009.

Inflation

Highlights

US PPI July 2021

  • US PPI Final Demand (Y/Y) Jul: 7.8% (est 7.2%; prev 7.3%)
  • US PPI Final Demand (M/M) Jul: 1.0% (est 0.6%; prev 1.0%)

United States Producer Prices

 United States Producer Prices Change

US Core PPI July 2021

  • US PPI Ex Food, Energy (Y/Y) Jul: 6.2% (est 5.6%; prev 5.6%)
  • US PPI Ex Food, Energy, Trade (Y/Y) Jul: 6.1% (est 5.7%; prev 5.5%)
  • US PPI Ex Food, Energy (M/M) Jul: 1.0% (est 0.5%; prev 1.0%)
  • US PPI Ex Food, Energy, Trade (M/M) Jul: 0.9% (est 0.5%; prev 0.5%)

 United States Producer Prices Final Demand Less Foods and Energy

 

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