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Monthly producer price index (PPI) for all commodities in major economies from January 2020 to February 2026

Characteristic	United States	China	Japan	Euro area
Feb '26	-	104.3	128.3	-
Jan '26	152.17	103.9	128.4	125.6
Dec '25	151.45	103.6	128.1	124.7
Nov '25	150.8	103.4	128	125.1
Oct '25	150.42	103.3	127.6	124.1
Sep '25	150.25	103.2	127	124
Aug '25	149.33	103.3	126.5	124.1
Jul '25	149.6	103.2	126.7	124.6
Jun '25	148.39	103.5	126.6	124
May '25	148.15	103.9	126.4	122.9
Apr '25	147.66	104.4	126.5	123.7
Mar '25	148.06	104.8	126.1	126.5
Feb '25	148.23	-	-	128.7
Jan '25	-	-	-	-
Dec '24	-	105.6	-	-
Nov '24	146.5	105.7	124.3	126.7
Oct '24	145.9	105.6	123.9	124.7
Sep '24	145.6	105.6	123.5	124.2
Aug '24	145.3	106.3	123.1	124.9
Jul '24	144.8	107.1	123.3	124.2
Jun '24	144.7	107.3	122.7	123.3
May '24	144.3	107.5	122.4	122.6
Apr '24	144.3	107.3	121.2	122.9
Mar '24	143.5	107.5	120.8	124
Feb '24	143.5	107.6	120.4	124.7
Jan '24	142.7	107.9	120.2	126
Dec '23	142.2	108.1	120.2	127.6
Nov '23	142.3	108.4	119.8	128.6
Oct '23	142.2	108.7	119.5	129.1
Sep '23	142.7	108.6	119.6	128.9
Aug '23	142.4	108.2	119.8	128.1
Jul '23	141.5	107.9	119.5	127.3
Jun '23	140.7	108.2	119.2	127.8
May '23	140.7	109.1	119.3	128.4
Apr '23	141	110.1	120	130.7
Mar '23	140.7	110.6	119.6	135
Feb '23	141.3	110.6	119.5	136.6
Jan '23	141.3	110.6	119.9	137.5
Dec '22	140.8	111.1	119.9	141.2
Nov '22	141.1	111.7	119.1	139.8
Oct' 22	140.56	111.6	117.5	140.8
Sep '22	140.08	111.4	116.8	143.9
Aug '22	139.73	111.5	115.7	141.6
Jul' 22	139.81	112.8	115.2	136
Jun '22	140.43	114.3	114.3	131.4
May '22	138.89	114.3	113.3	129.6
Apr '22	137.71	108.5	113.2	128.8
Mar '22	136.7	113.4	112	127.3
Feb '22	134.8	112.2	111.1	121.1
Jan '22	133.5	111.6	110.7	119.8
Dec '21	131.8	111.8	108.9	112.9
Nov '21	131.6	113.1	108.9	110.2
Oct '21	130	113.1	108.1	108.3
Sep '21	129.2	110.3	106.6	102.9
Aug '21	128.6	109.1	106.2	100.4
Jul '21	127	108	106	99.5
Jun '21	126	108	105	97.1
May '21	125	107	104	95.7
Apr '21	124	106	103	94.6
Mar' 21	123	105	102	93.7
Feb '21	122	103	101	92.6
Jan '21	121	102	101	92.1
Dec '20	120	108	100	90.2
Nov '20	119	107	100	89.5
Oct '20	119	106	100	89.2
Sep '20	119	106	100	88.8
Aug '20	118	106	100	88.6
Jul '20	118	106	100	88.5
Jun '20	117	105	99.6	87.8
May '20	117.5	104.8	99.1	87.2
Apr '20	117	105.2	99.6	87.7
Mar '20	118.5	106.6	101	89.5
Feb '20	118.7	107.7	102	90.9
Jan '20	119.4	108.2	102.5	91.5

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Source

Release date

March 2026

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Region

Worldwide, China, Japan, United States, EU

Survey time period

January 2020 to February 2026

Supplementary notes

The reference value of the PPI indexes are as follows:
China: 100 = 2015
Euro area: 100 = 2015
Japan: 100 = 2010
United States: 100 = 2009

Citation formats

In January 2026, the producer price index (PPI) in the United States was the highest in the four countries/areas under consideration. That month, its index score stood at above 152, compared to roughly 128 in Japan, which was the second highest in the four areas. Contrarily, China is struggling with a decreasing PPI.

The producer price index (PPI) measures the average change over time in the selling prices received by domestic producers for their output.