How Producer Price Reports Have Lined Up With Bitcoin

The Bureau of Labor Statistics describes the PPI as a family of indexes that measures “the average change over time in prices received (price changes) by producers for domestically produced goods, services, and construction.” It measures price change “from the perspective of the seller,” which the BLS contrasts with the Consumer Price Index (CPI), which measures it from the purchaser’s perspective.³ Bitcoin’s reaction to the CPI is on its own page: bitcoin on CPI release days.

The number most often quoted is the monthly change in the index for final demand, seasonally adjusted. In the September 2026 release it rose 1.3% on the month and 6.3% over the 12 months to September. The BLS said the monthly rise was the largest since 1.7% in March 2022, and that final demand goods prices rose 2.6%, the largest increase since data were first calculated in December 2009, with energy up 10.8%; services rose 0.8%.³

Each release is embargoed until 8:30 a.m. Eastern Time. The September 2026 report came out on Thursday, October 15, and the BLS scheduled the October report for Friday, November 13, 2026, also at 8:30 a.m.³ That time falls inside a single UTC calendar day, so this post compares the PPI figure with bitcoin’s move over the same UTC day.

The BLS notes that figures in a release “may differ from those previously reported because data for” earlier months “have been revised to reflect the availability of late reports and corrections by respondents.”³ The table therefore uses the monthly change as first published in each release, not later revised values. For example, the September 2026 release calls its 1.3% the largest rise since 1.7% in March 2022, while the March 2022 release itself reported 1.4%.¹

The BLS archive lists 144 releases from October 2014, when bitcoin’s daily data begins, to October 15, 2026.¹ The table keeps the 12 whose headline monthly change was largest in either direction, using the figure printed in each release. Bitcoin’s move is its UTC daily close on the release date divided by the close the day before.² Each of those moves is within 0.3 percentage points of Blockchain.com’s daily average price.⁴

Bitcoin fell on 4 of the 12 release days and rose on 8.² Across all 144 releases it fell on 75 (52%).²¹ On the most recent of the 12, October 15, 2026, the BLS reported +1.3% and bitcoin’s UTC close was $82,141, up 0.71% from $81,562.³²

Release days also hold other news, including Treasury auctions, Fed speakers and earnings reports, and bitcoin trades through the weekend and overnight when the report is not out. The table lines up one number with one day’s move. It does not show that either caused the other, and it says nothing about what the next report will show.