PPI m/m preview: Market eyes inflation gauge
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The US Producer Price Index (PPI) month over month report is scheduled for release on September 10, 2026, at 12:30 UTC. Market consensus anticipates a 0.4% increase, following the previous reading of 0.0%. This high-impact economic indicator provides insight into inflationary pressures at the producer level, making it a key data point for market participants and central bank watchers.
Historically, this release has prompted notable market reactions. Our data shows that after past PPI releases, EURUSD has seen a median 1-hour move of 11 pips, with top-quarter releases moving 21+ pips. GBPUSD typically observes a median 1-hour move of 16 pips, with top-quarter events moving 23+ pips. USDCAD has recorded a median 1-hour move of 9 pips, and top-quarter releases moved 18+ pips. Gold, XAUUSD, has shown a median 1-hour move of 33 pips, with top-quarter releases moving 54+ pips. Directional reliability statistics are not yet available for this series.
Recent PPI prints have shown varied outcomes. The August 2026 release came in at 0% against a forecast of 0.5%, resulting in a +3.7 pips EURUSD 1-hour move. In July 2026, the actual was –0.3% compared to a 1.6% forecast, with EURUSD moving +11 pips. The June 2026 print was 1.1% against a 1% forecast, leading to a +3.7 pips EURUSD 1-hour move.