This indicator measures the change in prices paid by manufacturers for raw materials and inputs.
Releases at
16:00
Thursday, October 29, 2026 at 16:00
The ISM Manufacturing Prices Paid index is a key gauge of inflationary pressures within the manufacturing sector, reflecting changes in input costs.
Central banks and investors watch this indicator closely as rising prices paid can signal increasing inflation, potentially influencing monetary policy decisions such as interest rate hikes.
Movements in this index can affect market expectations for inflation and economic growth, impacting bond yields, currency values, and stock prices.
Suggests rising inflation pressures, which may lead to expectations of tighter monetary policy and can strengthen the currency while pressuring bonds.
Indicates easing inflation pressures, potentially reducing the likelihood of interest rate hikes and supporting risk assets and bonds.
Markets may show little reaction as inflation signals meet forecasts, maintaining current monetary policy expectations.