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Producer prices down slightly over the year ending July 2015

August 18, 2015

The Producer Price Index for final demand decreased 0.8 percent for the 12 months ended in July 2015, the sixth straight 12-month decline. Prices for final demand less foods, energy, and trade services increased 0.9 percent over the past year.

Percent change in selected Producer Price Indexes, July 2014–July 2015
Index 12-month percent change

Producer Price Index for final demand

-0.8

Final demand, less foods, energy, and trade services

0.9

Processed goods for intermediate demand

-6.6

Unprocessed goods for intermediate demand

-22.7

Services for intermediate demand

1.1

For the 12 months ended in July 2015, prices for processed goods for intermediate demand decreased 6.6 percent, the ninth consecutive 12-month decline. The index for unprocessed goods for intermediate demand dropped 22.7 percent over the year.

Prices for services for intermediate demand increased 1.1 percent over the year ending July 2015, the smallest 12-month increase since a 1.0-percent rise in April 2014.

These data are from the Producer Price Indexes program. To learn more, see “Producer Price Indexes — July 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 prices down slightly over the year ending July 2015 on the Internet at https://www.bls.gov/opub/ted/2015/producer-prices-down-slightly-over-the-year-ending-july-2015.htm (visited February 16, 2020).

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