---
title: "U.S. December PPI First Take"
description: "In December, the U.S. PPI increased by 3% year-on-year, higher than the expected 2.8% and the previous value of 3%; the core PPI rose by 3.3%, also exceeding the expected 2.9%. The significant rise in"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274320376.md"
published_at: "2026-01-30T13:51:18.000Z"
---

# U.S. December PPI First Take

> In December, the U.S. PPI increased by 3% year-on-year, higher than the expected 2.8% and the previous value of 3%; the core PPI rose by 3.3%, also exceeding the expected 2.9%. The significant rise in service costs is the main factor driving the PPI above expectations. Data shows that the trade profit margin indicator had its largest increase since mid-2024, with a significant contribution from the rise in wholesale profit margins for machinery and equipment. In contrast, commodity prices remained unchanged in December, indicating that current wholesale inflation pressures are mainly concentrated in the service sector

In December, the U.S. PPI increased by 3% year-on-year, exceeding the expected value of 2.8%, with the previous value at 3%; the U.S. core PPI in December rose by 3.3% year-on-year, higher than the expected value of 2.9%, with the previous value revised from 3% to 3.1%. The significant rise in service costs was the main factor driving the December PPI above expectations. Data shows that the trade profit margin indicator experienced its largest increase since mid-2024, with the rise in wholesale profit margins for machinery and equipment contributing most of the increase in this category. In contrast, commodity prices remained unchanged in December, ending the upward trend of the previous month. This divergence indicates that current wholesale inflation pressures are primarily concentrated in the service sector rather than in physical goods

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.