Loading page content
Data from U.S. Bureau of Labor Statistics. Forecasts by Sigmanomics Forecast Engine.
United StatesUS PPI Final Demand Ex Food Energy Trade climbed to 154.75 in July 2026
U.S. Bureau of Labor StatisticsMonthlyReleased August 2026
US PPI Final Demand Ex Food Energy Trade climbed to 154.75 in July 2026, released August 2026, up 0.16 from June's 154.59 reading.
Latest Release
154.749000
Actual
—
Consensus
154.593000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| MSFT | ▼ Inverse | −0.57 | STOCKS | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.54 | CRYPTO | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.53 | INDEX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.41 | COMMODITIES | Moves with | → View |
| GBP/USD | ▼ Inverse | −0.32 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
PPI Final Demand Ex Food Energy Trade (United States) was reported at 154.75 Index Nov 2009=100 in July 2026. The reading rose from the previous value of 154.59 Index Nov 2009=100. Over the past 12 months, the indicator has averaged 152.64 Index Nov 2009=100, ranging from 149.01 Index Nov 2009=100 to 154.75 Index Nov 2009=100 across 10 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 154.57 Index Nov 2009=100, up from the prior three at 153.43 Index Nov 2009=100. Volatility over the past year (σ 1.93 Index Nov 2009=100) is higher than the prior year (σ 1.34 Index Nov 2009=100). In August readings over the past 3 years, PPI Final Demand Ex Food Energy Trade has averaged 148.80 Index Nov 2009=100.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with MSFT (Bearish MSFT). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Fed Waller Speech (Oct 13) and OPEC Monthly Report (Oct 13).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
PPI Final Demand Ex Food Energy Trade - US
Loading chart data...
About PPI Final Demand Ex Food Energy Trade — United States
DEFINITION
US PPI Final Demand Ex Food Energy Trade rose to 154.749 in August, slightly above July’s 154.593. The index showed continued modest growth after June’s 154.379, indicating steady underlying producer price pressures. Market focus remains on upcoming inflation data and Federal Reserve policy signals. Updated 10/4/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 154.7 Index Nov 2009=100. Prior reading (Jul 2026): 154.6 Index Nov 2009=100. Before that (Jun 2026): 154.4 Index Nov 2009=100.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with MSFT (Bearish MSFT, r=-0.57) — a useful reference for stocks-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - US Events
| Tuesday, October 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | US | NFIB Business Optimism Index | 98.7 | 98 | 98.80 | Low | |
| 14:00 | US | Existing Home Sales MoM | -2 | -0.3 | -0.30 | High | |
| 14:00 | US | Existing Home Sales | 3.98 | 3.96 | 3.96 | High | |
| 15:30 | US | 3-Month Bill Auction | 4.05 | 4.009 | 4.01 | Low | |
| 18:00 | US | Budget Balance | -167 | -28 | -28.00 | Medium | |
| Wednesday, October 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Inflation Rate YoY | 3.4 | 3.7 | 3.55 | High | |
| 12:30 | US | Core Inflation Rate YoY | 2.4 | 2.5 | 2.40 | High | |
| 12:30 | US | CPI s.a | 334.131 | 335.8 | 335.08 | High | |
| 12:30 | US | Core Inflation Rate MoM | 0.3 | 0.2 | 0.10 | High | |
| 12:30 | US | Inflation Rate MoM | 0.4 | 0.6 | 0.45 | High | |
| 12:30 | US | CPI | 334.98 | 336.8 | 336.43 | High | |
| 12:30 | US | Inflation Rate | 334.98 | 336.67 | 336.67 | High | |
| Thursday, October 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Producer Price Index YoY | 5.4 | 5.4 | 5.40 | Low | |
| 12:30 | US | Philadelphia Fed Manufacturing Index | 37.8 | 27.8 | 42.00 | Medium | |
| 12:30 | US | NY Empire State Manufacturing Index | 7.6 | 12 | 12.00 | High | |
| 12:30 | US | Core PPI YoY | 4.6 | 4.4 | 4.40 | Low | |
| 12:30 | US | Continuing Jobless Claims | 1716 | 1710 | 1702.50 | High | |
| 12:30 | US | PPI Ex Food, Energy and Trade YoY | 4.7 | 4.7 | 4.70 | Low | |
| 12:30 | US | Producer Price Index MoM | 0.4 | 0.5 | 0.50 | High | |
| 12:30 | US | PPI Ex Food, Energy and Trade MoM | 0.3 | 0.3 | 0.30 | Low | |
| 12:30 | US | Initial Jobless Claims | 197 | 200 | 195.50 | High | |
| 12:30 | US | Producer Price Index | 157.411 | 159.1 | 159.10 | Low | |
| 12:30 | US | Jobless Claims 4-Week Average | 198 | 199 | 198.13 | High | |
| 12:30 | US | Core PPI MoM | 0.2 | 0.3 | 0.30 | Medium | |
| 12:30 | US | Retail Sales MoM | 1.2 | 0.3 | 0.30 | High | |
| 12:30 | US | Retail Sales Ex Autos MoM | 1.4 | 0.5 | 0.45 | High | |
| 12:30 | US | Retail Sales Ex Gas/Autos MoM | 1.2 | 0.2 | 0.25 | High | |
| 12:30 | US | Retail Sales YoY | 6 | 5.2 | 5.20 | High | |
| 13:30 | US | Retail Sales YoY | 6 | 5.2 | 5.20 | High | |
| 13:30 | US | Retail Sales Ex Autos MoM | 1.4 | 0.5 | 0.45 | High | |
| 13:30 | US | Retail Sales MoM | 1.2 | 0.1 | 0.10 | High | |
| 13:30 | US | Retail Sales Ex Gas/Autos MoM | 1.2 | 0.2 | 0.25 | High | |
| 14:00 | US | Business Inventories MoM | 0.8 | 0.4 | 0.40 | Medium | |