FX.co ★ US Producer Inflation Forecast to Moderate

In August 2025, it is anticipated that US producer prices will increase by 0.3% on a month-to-month basis. This marks a notable deceleration from the 0.9% rise observed in July, which was the most significant increase since June 2022. The Core Producer Price Index (PPI), which excludes the volatile sectors of food and energy, is similarly expected to climb by 0.3%, following a 0.9% leap in the preceding month. Annually, the headline producer inflation is predicted to remain stable at 3.3%, maintaining levels close to the peak since February. Meanwhile, core producer inflation is projected to slightly reduce to 3.5% from the previous 3.7%. Investors are keenly observing for any indications of price pressures resulting from tariffs; however, the current data are likely to indicate that such influences remain minimal at this juncture.