The U.S. Core Producer Price Index (PPI) eased in May 2026, with the year-over-year rate slowing to 4.9%, down from 5.2% recorded in April 2026. The data, updated on 11 June 2026, indicate a modest but notable cooling in underlying producer price pressures.
Measured on a year-over-year basis, the current reading compares price changes in May 2026 with those in May 2025, while the previous figure reflected the change in April 2026 versus April 2025. The step down from April’s 5.2% to May’s 4.9% suggests some relief in core input costs at the producer level, a development closely watched by markets and policymakers for its implications on broader inflation trends.