Producer prices for final demand in the US increased 6.2 percent from a year earlier in December 2022, following a revised 7.3 percent gain in November and compared with market expectations of a 6.8 percent advance. It was the lowest producer price inflation rate since March 2021. source: U.S. Bureau of Labor Statistics
Producer Prices Change in the United States averaged 3.10 percent from 1950 until 2022, 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 February of 2023.
Producer Prices Change in the United States is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Producer Prices Change is projected to trend around 3.10 percent in 2024 and 4.10 percent in 2025, according to our econometric models.