FX.co ★ US Producer Prices Seen Up 0.2%, Annual PPI Set to Slow

In December 2025, US producer prices are anticipated to increase by 0.2% compared to the previous month, maintaining the same growth rate observed in November. The Core Producer Price Index (PPI), which excludes the volatile categories of food and energy, is also predicted to rise by 0.2% following a stagnation in the prior month. Annually, headline producer inflation is expected to decline to 2.7%—its lowest point in four months—from 3% in November. Similarly, core producer inflation is projected to decrease to 2.9% from 3%. Investors will be keenly observing the data release for any evidence of price pressures related to tariffs, although it is likely the data will continue to indicate that such impacts remain minimal at this time.