PPI final demand index down 1.6 percent for the 12 months ended in October

November 17, 2015

The Producer Price Index for final demand fell 1.6 percent for the 12 months ended in October 2015 (not seasonally adjusted), a record 12-month decline for this index, which starts with data for November 2009.

12-month percent change in the Producer Price Index for final demand, October 2015
Index 12-month percent change

Final demand

-1.6

Goods

-4.8

Foods

-4.2

Energy

-21.5

Goods less food and energy

-0.1

Services

0.1

Transportation and warehousing

-2.9

Trade

-0.7

Services less trade, transportation, and warehousing

0.8

Construction

2.3

Note: Data are preliminary. All producer price indexes are subject to revision 4 months after original publication.

From October 2014 to October 2015, the index for final demand goods moved down 4.8 percent. Within final demand goods, the foods index decreased 4.2 percent over the year, while the energy index decreased 21.5 percent. Prices for final demand goods less foods and energy decreased 0.1 percent.

The index for final demand services increased 0.1 percent and the construction index was up 2.3 percent over the same 12-month period.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see “Producer Price Indexes — October 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 final demand index down 1.6 percent for the 12 months ended in October on the Internet at https://www.bls.gov/opub/ted/2015/ppi-final-demand-index-down-1-point-6-percent-for-the-12-months-ended-in-october.htm (visited September 18, 2019).

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