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PPI Final Demand

Producer Price Index for final demand, leading indicator of consumer inflation.

The PPI Final Demand is currently 154.01, last updated .

154.01
1W +0.51%1M +0.51%3M +1.01%
Updated 10m ago
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Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.

Updated just now

AI Analysis

Apr 15, 2026

Pipeline signals point to STABLE inflation, not acceleration or deceleration in core measures: PPI 3M +1.0% → CPI 3M +1.1% → PCE 3M +0.4%.

Recent Data

DateValueChange
Mar 1, 2026154.01+0.51%
Feb 1, 2026153.22+0.50%
Jan 1, 2026152.46+0.55%
Dec 1, 2025151.63+0.38%
Nov 1, 2025151.05+0.41%
Oct 1, 2025150.44+0.13%
Sep 1, 2025150.25+0.61%
Aug 1, 2025149.33-0.18%
Jul 1, 2025149.6+0.81%
Jun 1, 2025148.39—

Related in Inflation

CPI (All Urban)
Consumer Price Index for all urban consumers, the headline inflation gauge.
Core CPI (ex Food/Energy)
CPI excluding food and energy, less volatile measure of underlying inflation.
PCE Price Index
Personal Consumption Expenditures price index, the Fed's preferred inflation measure.
Core PCE (ex Food/Energy)
Core PCE excluding food and energy, the single most important inflation metric for the Fed.

Explore Further

Forecast 2026
PPI Final Demand Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
CPI vs PPI
PPI measures what producers pay, while CPI measures what consumers pay. PPI often leads CPI because rising input costs e...
Comparison
Average Hourly Earnings vs PPI Final Demand Services
Services PPI is dominated by labor costs. When wage growth rises faster than services PPI, firms absorb labor costs in m...
Comparison
PPI Final Demand Services vs Core CPI
PPI services captures what businesses pay for services while core CPI includes what consumers pay. The gap between them ...
Comparison
PPI Services vs WTI Oil
Services PPI is relatively insulated from oil prices because labor, not oil, is the primary input. When services PPI ris...
Comparison
PPI Final Demand vs 10Y Treasury Yield
PPI leads CPI pipeline inflation by 2-6 months. 10Y yields incorporate inflation expectations. When PPI spikes while 10Y...
Scenario
What Happens When PPI Turns Negative?
What happens when Producer Price Index turns negative? Deflation risk, margin implications, and the leading signal for C...
Category
All Inflation Data
CPI, PCE, breakevens, and inflation expectations data updated live. Track the indicators the Fed watches most closely to...

Frequently Asked Questions

▶What is PPI Final Demand?
Producer Price Index for final demand, leading indicator of consumer inflation.
▶How does PPI Final Demand relate to inflation?
PPI Final Demand is part of the Inflation category. Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.
▶How often is PPI Final Demand updated?
PPI Final Demand is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source PPI Final Demand data?
Convex sources PPI Final Demand data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the PPI Final Demand chart page?
The PPI Final Demand page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.