CONVEX
Past Release · PPI

February 2026 PPI Report

Sunday, February 1, 2026

PPI printed at 153.30, a +0.57% move from the prior reading of 152.44.

Headline Reading
PPI Final Demand
153.30
Feb 1
Prior
152.44
Absolute
+0.87
Percent
+0.57%

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.