Core Producer Price Index (PPI) inflation in the United States edged higher in December 2025, underscoring ongoing cost pressures at the producer level. On a year-over-year basis, core PPI rose to 3.3% in December, up from 3.1% in October 2025. The data, updated on 30 January 2026, reflect changes in prices received by domestic producers excluding volatile components, compared with the same month a year earlier.
The December reading means that producer prices, stripped of the most volatile items, were 3.3% higher than in December of the previous year. By comparison, the earlier 3.1% figure showed how October prices compared with October a year earlier. The uptick suggests that underlying producer-level inflation remains resilient, potentially feeding into consumer prices in the months ahead.
The year-over-year framework used here compares each reported month with its counterpart a year earlier: the latest “actual” figure measures December 2025 versus December 2024, while the “previous” figure measured October 2025 versus October 2024. The modest acceleration in core PPI will likely be closely monitored by markets and policymakers for clues about the trajectory of broader inflation and future monetary policy decisions.
