PPI vs. CPI: Year-Over-Year Change

PPI is running ahead of CPI, an indicator that rising consumer inflation could be ahead

Monthly, September 2021–September 2026. PPI = Producer Price Index, final demand. CPI = Consumer Price Index for All Urban Consumers. CPI data for October 2025 is not available.

Source: U.S. Bureau of Labor Statistics via FRED, Federal Reserve Bank of St. Louis