HVAC wholesale prices little changed in January

An HVAC-specific ‘producer price index’ (PPI) increased just 0.36 percent during the month, compared to December 2025

PPI Chart

U.S. wholesale prices of HVAC equipment were effectively unmoved in January. 

What’s happening: An HVAC-specific ‘producer price index’ (PPI) — which measures the average change over time in the selling prices domestic manufacturers receive for their products — increased just 0.36 percent during the month, compared to December 2025, according to Bureau of Labor Statistics data released Friday. 

Between the lines: Compared to January 2025, the reading is up five percent, though most of that rise occurred between March and June 2025 — the index has remained roughly flat since then. 

Zoom out: The figure has climbed 48 percent since January 2021.

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