PPI m/m - ForexCracked
Join Telegram
New: Gold Prop Firm Robot FREE Download… Get Free →
0.04 pip average spreads, measured over a full month of live data. Unrestricted EAs and a free MT5 virtual server.Open an accountOpen
United States

PPI m/m USD

High impact Updated after every release
Next release Thu, Sep 10 12:30 UTC · consensus 0.4% · previous 0.0%  

What this release is

The Producer Price Index, or PPI, measures the average change over time in the selling prices received by domestic producers for their output. The month-over-month reading, often abbreviated as m/m, indicates the percentage change from the previous month. This key inflation indicator for the United States is published monthly by the Bureau of Labor Statistics, an agency of the U.S. Department of Labor, found at bls.gov.

Forex traders monitor the PPI m/m as a significant gauge of inflationary pressures within the economy. Higher producer prices can eventually translate into higher consumer prices, influencing the Federal Reserve’s decisions on monetary policy. In past instances, a stronger-than-expected PPI reading has sometimes led market participants to anticipate a more hawkish stance from the central bank, potentially impacting the U.S. Dollar.

The market typically focuses on the headline month-over-month percentage change upon release. Revisions to prior months’ data are also closely watched, as they can alter the perceived trend in producer inflation. Given its monthly cadence and its role in the broader inflation picture, the PPI m/m is considered a high-impact release for the USD.

How hard it hits, measured

121 releases · own feed
Typical EURUSD move
11pips / 1h
Median absolute move in the hour after the release
Big-release move
21pips / 1h
Top-quarter releases move at least this much
Largest measured
69pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
EURUSD5.3p6.9p11p21p
AUDUSD4.2p5.5p7.1p13p
GBPUSD5.6p8.5p16p23p
NZDUSD4.3p6.0p7.9p12p
USDCAD5.4p6.6p9.4p18p
USDCHF4.5p5.6p8.4p16p
USDJPY7.2p9.4p9.4p19p
XAUUSD15p21p33p54p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus EURUSD closed the hour lower in 31 of 61 cases · median -0.4p n=61 live
Miss below consensus EURUSD closed the hour higher in 23 of 38 cases · median +8.5p n=38 live
In line within the surprise band EURUSD closed the hour higher in 6 of 11 cases · median +0.3p n=11 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toEURUSD 1h
Aug 13, 20260%0.5%-0.3%-0.1%+3.7p—
Jul 15, 2026-0.3%1.6%1.1%0.6%+11p—
Jun 11, 20261.1%1%1.4%1.1%+3.7p—
May 13, 20261.4%0.4%0.5%0.7%0.0p—
Apr 14, 20260.5%0.9%0.7%0.5%-3.8p—
Mar 18, 20260.7%0.5%0.5%—-18p—
Feb 27, 20260.5%0.5%0.5%0.4%-0.4p—
Jan 30, 20260.5%0.5%0.2%—-11p—
Jan 14, 20260.2%0%0.3%0.1%+7.4p—
Nov 25, 20250.3%—-0.1%-0.1%+21p—
Sep 10, 2025-0.1%0.7%0.9%0.9%+23p—
Aug 14, 20250.9%0.2%0%—-28p—
Jul 16, 20250%0.2%0.1%0.3%-13p—
Jun 12, 20250.1%-0.2%-0.5%-0.2%-6.0p—
May 15, 2025-0.5%-0.3%-0.4%0%+11p—
Apr 11, 2025-0.4%0%0%0.1%+53p—
Mar 13, 20250%0.1%0.4%0.6%-27p—
Feb 13, 20250.4%0.2%0.2%0.5%-0.4p—
Jan 14, 20250.2%0.2%0.4%—+23p—
Dec 12, 20240.4%0.8%0.2%0.3%+0.1p—
Nov 14, 20240.2%-0.1%0%0.1%+13p—
Oct 11, 20240%0.3%0.2%—-7.6p—
Sep 12, 20240.2%-0.2%0.1%0%+19p—
Aug 13, 20240.1%0.1%0.2%—+26p—

Showing the latest 24 of 121 tracked releases.

Reaction = EURUSD move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
← Back to the economic calendar