The U.S. Producer Price Index excluding food, energy, and transport jumped in April 2026, pointing to a renewed buildup of underlying producer price pressures. According to data updated on 13 May 2026, the core PPI ex. food, energy, and transport rose 0.6% month-over-month, sharply higher than the 0.2% increase recorded in March 2026.
On a month-over-month basis, the latest figure shows a notable acceleration in price growth at the producer level. The previous reading reflected a modest 0.2% gain in March compared with February, whereas April’s 0.6% advance suggests that input costs for businesses are rising more rapidly as the second quarter begins.
The comparison framework highlights this shift in momentum: the “actual” figure measures April’s change versus March, while the “previous” figure captures March’s change versus February. The step-up from 0.2% to 0.6% could attract attention from market participants and policymakers monitoring whether producer-side inflationary pressures are beginning to firm after a softer pace earlier in the year.
