In November 2024, the producer price index (PPI) in the United States was the highest in the four countries/areas under consideration. That month, its index score stood at above 146, compared to roughly 127 in the Euro Area, which was the second highest in the four areas. Contrarily, China is struggling with a decreasing PPI.
The producer price index (PPI) measures the average change over time in the selling prices received by domestic producers for their output.
Monthly producer price index (PPI) for all commodities in major economies from January 2020 to November 2024
Characteristic
United States
China
Japan
Euro area
Dec '24
-
105.6
-
-
Nov '24
146.5
105.7
124.3
126.7
Oct '24
145.9
105.6
123.9
124.7
Sep '24
145.6
105.6
123.5
124.2
Aug '24
145.3
106.3
123.1
124.9
Jul '24
144.8
107.1
123.3
124.2
Jun '24
144.7
107.3
122.7
123.3
May '24
144.3
107.5
122.4
122.6
Apr '24
144.3
107.3
121.2
122.9
Mar '24
143.5
107.5
120.8
124
Feb '24
143.5
107.6
120.4
124.7
Jan '24
142.7
107.9
120.2
126
Dec '23
142.2
108.1
120.2
127.6
Nov '23
142.3
108.4
119.8
128.6
Oct '23
142.2
108.7
119.5
129.1
Sep '23
142.7
108.6
119.6
128.9
Aug '23
142.4
108.2
119.8
128.1
Jul '23
141.5
107.9
119.5
127.3
Jun '23
140.7
108.2
119.2
127.8
May '23
140.7
109.1
119.3
128.4
Apr '23
141
110.1
120
130.7
Mar '23
140.7
110.6
119.6
135
Feb '23
141.3
110.6
119.5
136.6
Jan '23
141.3
110.6
119.9
137.5
Dec '22
140.8
111.1
119.9
141.2
Nov '22
141.1
111.7
119.1
139.8
Oct' 22
140.56
111.6
117.5
140.8
Sep '22
140.08
111.4
116.8
143.9
Aug '22
139.73
111.5
115.7
141.6
Jul' 22
139.81
112.8
115.2
136
Jun '22
140.43
114.3
114.3
131.4
May '22
138.89
114.3
113.3
129.6
Apr '22
137.71
108.5
113.2
128.8
Mar '22
136.7
113.4
112
127.3
Feb '22
134.8
112.2
111.1
121.1
Jan '22
133.5
111.6
110.7
119.8
Dec '21
131.8
111.8
108.9
112.9
Nov '21
131.6
113.1
108.9
110.2
Oct '21
130
113.1
108.1
108.3
Sep '21
129.2
110.3
106.6
102.9
Aug '21
128.6
109.1
106.2
100.4
Jul '21
127
108
106
99.5
Jun '21
126
108
105
97.1
May '21
125
107
104
95.7
Apr '21
124
106
103
94.6
Mar' 21
123
105
102
93.7
Feb '21
122
103
101
92.6
Jan '21
121
102
101
92.1
Dec '20
120
108
100
90.2
Nov '20
119
107
100
89.5
Oct '20
119
106
100
89.2
Sep '20
119
106
100
88.8
Aug '20
118
106
100
88.6
Jul '20
118
106
100
88.5
Jun '20
117
105
99.6
87.8
May '20
117.5
104.8
99.1
87.2
Apr '20
117
105.2
99.6
87.7
Mar '20
118.5
106.6
101
89.5
Feb '20
118.7
107.7
102
90.9
Jan '20
119.4
108.2
102.5
91.5
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Trading Economics. (January 10, 2025). Monthly producer price index (PPI) for all commodities in major economies from January 2020 to November 2024 [Graph]. In Statista. Retrieved April 20, 2025, from https://www.statista.com/statistics/1034504/monthly-producer-price-index-major-economies/
Trading Economics. "Monthly producer price index (PPI) for all commodities in major economies from January 2020 to November 2024." Chart. January 10, 2025. Statista. Accessed April 20, 2025. https://www.statista.com/statistics/1034504/monthly-producer-price-index-major-economies/
Trading Economics. (2025). Monthly producer price index (PPI) for all commodities in major economies from January 2020 to November 2024. Statista. Statista Inc.. Accessed: April 20, 2025. https://www.statista.com/statistics/1034504/monthly-producer-price-index-major-economies/
Trading Economics. "Monthly Producer Price Index (Ppi) for All Commodities in Major Economies from January 2020 to November 2024." Statista, Statista Inc., 10 Jan 2025, https://www.statista.com/statistics/1034504/monthly-producer-price-index-major-economies/
Trading Economics, Monthly producer price index (PPI) for all commodities in major economies from January 2020 to November 2024 Statista, https://www.statista.com/statistics/1034504/monthly-producer-price-index-major-economies/ (last visited April 20, 2025)
Monthly producer price index (PPI) for all commodities in major economies from January 2020 to November 2024 [Graph], Trading Economics, January 10, 2025. [Online]. Available: https://www.statista.com/statistics/1034504/monthly-producer-price-index-major-economies/