Producer prices for final demand in the US rose 4.2 percent from a year earlier in March 2021, following a 2.8 percent increase in the previous month and beating market consensus of 3.8 percent. It was the largest advance in producer prices since September 2011. source: U.S. Bureau of Labor Statistics
Producer Prices Change in the United States averaged 2.95 percent from 1950 until 2021, reaching an all time high of 19.57 percent in November of 1974 and a record low of -6.86 percent in July of 2009. This page provides - United States Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Producer Prices Change in the United States is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in the United States to stand at 1.60 in 12 months time. In the long-term, the United States Producer Prices Change is projected to trend around 1.80 percent in 2022 and 2.10 percent in 2023, according to our econometric models.