The US annual core producer inflation stood at 3.4% in November, the highest since February 2023, matching a revised figure in October and exceeding market estimates of a 3.2% rise. Core Producer Prices YoY in the United States averaged 2.60 percent from 2011 until 2024, reaching an all time high of 9.70 percent in March of 2022 and a record low of 0.20 percent in October of 2015. source: U.S. Department of Labor
Core Producer Prices YoY in the United States is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Producer Prices Final Demand Less Foods and Energy YoY is projected to trend around 2.80 percent in 2026 and 2.90 percent in 2027, according to our econometric models.