Economy · Inflation

PPI November 13: What Producer Prices Could Signal After October CPI

October PPI is scheduled for Friday, Nov. 13 at 8:30 a.m. ET. September final-demand producer prices rose 1.3%, making energy, services and core measures key market tests.

November 8, 2026 — The next U.S. producer-price report will arrive Friday, November 13 at 8:30 a.m. Eastern. It covers October and will follow Tuesday’s consumer-price report by three days, giving bond and equity investors a second test of whether September’s price acceleration is easing or spreading.

The Bureau of Labor Statistics release schedule confirms the date and time. October PPI has not been published yet; the figures below are September baselines, not a forecast of Friday’s result.

What was the last PPI reading?

September 2026 measureOfficial readingWhy it matters
Final-demand PPI+1.3% month-on-monthLargest monthly advance since March 2022, according to BLS
Final-demand PPI, 12 months+6.3%Year-on-year producer price pressure
Final-demand goods+2.6% monthlyHeavily affected by energy
Energy goods+10.8% monthlyPrimary force behind September goods increase
Final-demand services+0.8% monthlyBroader measure of services-side prices and margins
Final demand less food, energy and trade+0.5% monthlyAlternative underlying producer-inflation measure

Source: BLS September producer-price release, published October 15. All September readings may be revised.

Why is the November 13 report more important than usual?

September producer prices surged partly because energy goods rose sharply: BLS reported a 20.3% monthly gasoline price increase within final-demand goods. A fall in October's energy component could reverse part of that movement without proving that other inflation pressures have disappeared.

The challenge for investors is to distinguish an energy-price rebound from persistent price pressure in services, transportation, trade margins and categories that feed into measures of consumer inflation. PPI does not mechanically forecast CPI, and a single PPI surprise does not determine the Federal Reserve’s next action.

How does PPI relate to CPI and Treasury yields?

The October CPI report due November 10 is the first major inflation test of the week. Friday's PPI will then provide a different view of prices received by domestic producers. Certain PPI components also contribute to the Bureau of Economic Analysis's personal-consumption-expenditures price measures, though the relationship varies by category and cannot be reduced to one headline number.

A broad-based easing in CPI and PPI would be consistent with cooling price pressures; unexpectedly firm underlying readings could instead raise the market's assessment of how long restrictive policy persists. Treasury yields can also react to growth, risk appetite and issuance, so any same-day bond move needs attribution rather than an automatic inflation explanation.

Scenario map: what could move markets?

Friday outcomePossible first reactionKey caveat
Energy reverses; underlying categories also coolLower inflation-risk pricing and support for Treasury durationMarkets may already have anticipated a reversal
Headline falls but services stay firmMixed reaction; attention shifts to underlying inflationHeadline disinflation can overstate the improvement
Producer prices reaccelerate broadlyPotentially higher front-end yield and renewed Fed concernOne volatile month may not establish a new trend

These scenarios are conditional analysis, not released data or a prediction. Investors should compare the actual numbers against contemporaneous consensus forecasts and the post-CPI market pricing when the report arrives.

What time does PPI come out in San Francisco and New York?

5:30 a.m. Pacific / 8:30 a.m. Eastern on Friday, November 13. The release occurs before the New York stock-market opening. Check the official BLS release directly and record the data timestamp before drawing conclusions from price moves.

Official links and related coverage

BLS November 2026 release calendar · BLS previous PPI release · Markets & News CPI preparation · October employment results.