CONVEX
Past Release · PPI

August 2025 PPI Report

Friday, August 1, 2025

PPI printed at 149.33, a -0.18% move from the prior reading of 149.60.

Headline Reading
PPI Final Demand
149.33
Aug 1
Prior
149.60
Absolute
0.27
Percent
-0.18%

What to Watch For

  • Headline PPI year-over-year
  • Core PPI (ex food and energy)
  • Services vs goods split
  • PCE-relevant components: healthcare, airfares, portfolio management
  • Raw materials prices
  • Prior-month revisions

Expected Market Reaction

Similar to CPI but with smaller magnitude on headline; outsized reaction when PCE-linkage components surprise. Hot PCE components: rates up, equities down. Cold PCE components: rates down, equities up.

Related Assets Around the Release

Related Scenarios

ShareXRedditLinkedInHN

Get release-day analysis and market reaction framing before consensus forms.