US Producer Prices Rebound in August

US producer prices rose 0.96% in August 2026, rebounding from a 0.29% decline in July, according to the Federal Reserve Bank of St. Louis. The monthly gain followed two consecutive monthly declines, with the index having fallen 1.44% in June and 0.29% in July. On a year-over-year basis, producer prices were up 9.85% in August, while the core inflation rate stood at 2.45% and the monthly core rate at 0.29%. The August reading remains well below the all-time high of 10.82% set in July 1946, and the series has ranged from a low of -9.57% in December 1920 to that peak, according to the Federal Reserve Bank of St. Louis.