FX.co ★ U.S. ISM Manufacturing Prices Edge Higher in January, Signaling Mild Pickup in Cost Pressures

The U.S. ISM Manufacturing Prices Index inched up in January 2026, suggesting a modest increase in input cost pressures for manufacturers at the start of the year. The indicator rose to 59.0 in January from 58.5 in December 2025.

The latest reading, updated on 2 February 2026, indicates that prices paid by manufacturers remain in expansionary territory and are continuing a gradual upward trend. While the move from 58.5 to 59.0 is incremental, it points to ongoing cost pressures within the manufacturing sector that could influence pricing decisions further along the supply chain. Investors and analysts will be watching subsequent releases to gauge whether this firming in manufacturing prices persists and begins to feed more visibly into broader inflation dynamics.