US PPI registers largest monthly increase since March 2022

13th May 2026 12:45

(Sharecast News) - US producer prices rose sharply in April, with last month's headline producer price index for final demand increasing 1.4% month‑on‑month, according to the Bureau of Labor Statistics, up from gains of 0.7% in March and 0.6% in February.

April's increase also marked the largest monthly rise since March 2022.

On an unadjusted basis, final demand prices were up 6% in the 12 months ended 30 April, the strongest annual increase since December 2022, with the BLS reporting that nearly 60% of April's overall rise came from a 1.2% increase in final demand services, while prices for final demand goods climbed 2%.

Stripping out volatile food, energy and trade services, so-called core PPI measure rose 0.6% in April, matching the strongest monthly increase since October 2025. Over the past year, core PPI was up 4.4% - the largest annual rise since February 2023.

Traders expected to see a headline increase of 0.5% month-on-month, while core PPI was pegged to rise 0.4% on the month.

Reporting by Iain Gilbert at Sharecast.com