Producer Price Index for final demand goods and services in June 2015

July 17, 2015

The Producer Price Index for final demand decreased 0.7 percent for the 12 months ended June 2015. This was the fifth straight 12-month decrease. The index for final demand goods decreased 3.7 percent, led by a 17.9-percent decline in prices for final demand energy.

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

Total

1.8 1.9 1.9 1.6 1.5 1.3 0.9 0.0 -0.5 -0.8 -1.3 -1.1 -0.7

Goods

2.2 2.0 1.7 1.5 1.0 0.4 -1.2 -3.6 -4.1 -4.4 -5.5 -4.3 -3.7

Foods

3.8 3.6 3.8 3.9 4.3 4.4 4.4 2.6 0.6 -1.4 -4.2 -3.3 -3.0

Energy

3.1 2.4 0.5 -0.5 -3.8 -5.9 -13.2 -22.3 -22.4 -21.7 -24.0 -19.5 -17.9

Less foods and energy

1.6 1.9 1.9 1.6 1.9 1.7 2.0 1.7 1.0 0.9 0.8 0.6 0.8

Services

1.7 2.0 2.0 1.6 1.9 1.8 2.1 2.0 1.2 1.0 0.9 0.6 0.8

Trade

1.4 2.3 2.0 1.1 2.8 2.3 4.0 4.2 1.9 1.3 1.0 0.5 1.3

Transportation and warehousing

2.9 2.6 2.7 2.6 1.8 2.3 0.8 0.6 0.0 -1.4 -1.9 -2.3 -2.2

Less trade, transportation, and warehousing

1.6 1.6 1.8 1.6 1.4 1.3 1.4 1.0 1.0 1.1 1.2 1.0 1.0

The index for final demand services increased 0.8 percent from June 2014 to June 2015. The index for trade services, which measures changes in the margins wholesalers and retailers receive, increased 1.3 percent. Prices for transportation and warehousing services decreased 2.2 percent, the fourth straight 12-month decrease.

These data are from the Producer Price Indexes program. To learn more, see "Producer Price Indexes — June 2015" (HTML) (PDF). All producer price indexes are subject to revision once, 4 months after original publication; these revisions reflect late reports and corrections by respondents. Producer price indexes measure prices U.S. producers receive for goods, services, and construction.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index for final demand goods and services in June 2015 on the Internet at https://www.bls.gov/opub/ted/2015/producer-price-index-for-final-demand-goods-and-services-in-june-2015.htm (visited September 16, 2019).

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