PPI decreased 1.1 percent from November 2014 to November 2015

December 15, 2015

The Producer Price Index for final demand fell 1.1 percent from November 2014 to November 2015. This was the tenth consecutive 12-month decline. The index for final demand goods decreased 4.3 percent, with prices for final demand energy falling 19.0 percent. The price index for final demand food decreased 3.9 percent over the 12-month period.

12-month percent change in selected final demand price indexes, not seasonally adjusted, November 2014–November 2015
Item Nov 2014 Dec 2014 Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 Jul 2015 Aug 2015(p) Sep 2015(p) Oct 2015(p) Nov 2015(p)

Total

1.3 0.9 0.0 -0.5 -0.9 -1.1 -0.8 -0.5 -0.7 -0.8 -1.1 -1.6 -1.1

Goods

0.4 -1.2 -3.6 -4.1 -4.5 -5.5 -4.0 -3.7 -3.8 -4.1 -5.1 -4.8 -4.3

Foods

4.4 4.4 2.6 0.6 -1.6 -4.5 -3.0 -2.7 -3.3 -2.2 -2.9 -4.2 -3.9

Energy

-5.9 -13.2 -22.3 -22.4 -22.0 -24.0 -19.0 -18.2 -17.9 -19.6 -23.7 -21.5 -19.0

Less foods and energy

1.7 2.0 1.7 1.0 0.8 1.0 0.7 1.1 0.8 0.9 0.8 0.1 0.5

Services

1.8 2.1 2.0 1.2 0.9 1.2 0.8 1.1 0.8 1.0 1.0 0.1 0.5

Trade

2.3 4.0 4.2 1.9 1.4 1.8 0.8 1.7 0.8 1.6 2.1 -0.7 1.0

Transportation and warehousing

2.3 0.8 0.6 0.0 -0.9 -1.9 -2.0 -2.1 -2.2 -3.0 -3.3 -2.9 -2.8

Less trade, transportation, and warehousing

1.3 1.4 1.0 1.0 0.8 1.2 1.2 1.3 1.3 1.2 1.0 0.8 0.8
Footnotes:
(p) = preliminary.

For the year ended November 2015, the index for final demand services increased 0.5 percent. The index for trade services, which measures changes in the margins wholesalers and retailers receive, increased 1.0 percent. Prices for transportation and warehousing services decreased 2.8 percent, the ninth straight 12-month decrease.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see “Producer Price Indexes — November 2015” (HTML) (PDF). Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer prices are subject to revision once, 4 months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, PPI decreased 1.1 percent from November 2014 to November 2015 on the Internet at https://www.bls.gov/opub/ted/2015/ppi-decreased-1-point-1-percent-from-november-2014-to-november-2015.htm (visited September 18, 2019).

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