PPI for final demand up 1.5 percent, October 2013–October 2014

November 19, 2014

The Producer Price Index for final demand increased 1.5 percent for the 12 months ended in October 2014 (not seasonally adjusted). This was the smallest 12-month increase since a 1.2-percent rise in February 2014. The index for final demand services moved up 1.8 percent over the year (October 2013 to October 2014), and the index for final demand goods moved up 1.1 percent.

12-month percent change in selected final demand price indexes, not seasonally adjusted, October 2012–October 2014
Month Final demand Final demand, goods Final demand, services

Oct 2012

1.9 2.1 1.8

Nov 2012

1.7 1.1 2.0

Dec 2012

1.9 1.4 2.2

Jan 2013

1.6 1.3 1.8

Feb 2013

1.6 1.5 1.6

Mar 2013

1.3 0.7 1.6

Apr 2013

0.9 0.1 1.4

May 2013

0.9 1.1 0.9

Jun 2013

1.7 1.9 1.4

Jul 2013

2.0 1.8 2.0

Aug 2013

1.7 0.7 2.2

Sep 2013

1.1 -0.2 1.8

Oct 2013

1.3 -0.2 2.0

Nov 2013

1.1 0.4 1.5

Dec 2013

1.2 0.8 1.3

Jan 2014

1.3 1.1 1.3

Feb 2014

1.2 0.6 1.6

Mar 2014

1.6 1.2 1.8

Apr 2014

1.8 2.5 1.6

May 2014

2.1 2.0 2.2

Jun 2014

1.8 2.2 1.7

Jul 2014(p)

1.7 2.0 1.6

Aug 2014(p)

1.8 1.7 1.9

Sep 2014(p)

1.6 1.5 1.6

Oct 2014(p)

1.5 1.1 1.8
Footnotes:

(p): Preliminary. All indexes are subject to revision four months after original publication.

The 12-month change in the final demand services index has ranged from 1.6 percent to 1.9 percent over the past five months.

The 12-month change in the index for final demand goods decreased 0.4 percentage point from September 2014 (1.5 percent) to October 2014 (1.1 percent), the fourth consecutive decrease. The October decline in the final demand goods index was led by decreasing final demand energy prices.

These data are from the BLS Producer Price Indexes program. To learn more, see "Producer Price Indexes — October 2014" (HTML) (PDF), news release USDL‑14‑2104. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, PPI for final demand up 1.5 percent, October 2013–October 2014 on the Internet at https://www.bls.gov/opub/ted/2014/ted_20141119.htm (visited September 21, 2019).

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