Producer prices for final demand in the US increased 2.2 percent year-on-year in April of 2019, the same as in the previous month and below market expectations of 2.3 percent. On a monthly basis, producer prices went up 0.2 percent, easing from a 0.6 percent jump in March. The core index, which excludes food and energy, edged up 0.1 percent from the previous month, after a 0.3 percent gain in March and below consensus of 0.2 percent. Producer Prices Change in the United States averaged 3.01 percent from 1950 until 2019, reaching an all time high of 19.57 percent in November of 1974 and a record low of -6.86 percent in July of 2009.
Producer Prices Change in the United States is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in the United States to stand at 1.70 in 12 months time. In the long-term, the United States Producer Prices Change is projected to trend around 2.10 percent in 2020, according to our econometric models.