Producer Price Index for final demand increases 0.3 percent for the year ended June 2016

July 18, 2016

The Producer Price Index for final demand increased 0.3 percent over the year ended June 2016. Prices for final demand services (+1.5 percent) and final demand construction (+2.0 percent) both increased, while the index for final demand goods was down 2.2 percent. Services make up 64.3 percent of the final demand index, goods account for 33.6 percent, and construction is less heavily weighted at 2.1 percent.

12-month percent change in producer price indexes for final demand items, not seasonally adjusted, November 2010—June 2016
Month Final demand Final demand goods Final demand services Final demand construction

Nov 2010

2.6% 4.3% 1.7% 0.5%

Dec 2010

2.8 4.7 1.7 0.6

Jan 2011

2.4 4.6 1.2 0.8

Feb 2011

3.3 6.6 1.4 0.8

Mar 2011

4.0 6.7 2.3 1.0

Apr 2011

4.2 7.6 2.2 1.5

May 2011

4.2 8.0 2.0 1.5

Jun 2011

4.3 8.2 2.3 1.6

Jul 2011

4.5 8.3 2.3 2.6

Aug 2011

4.4 7.6 2.7 2.8

Sep 2011

4.5 7.9 2.6 2.7

Oct 2011

3.7 6.4 2.2 3.7

Nov 2011

3.7 5.8 2.4 3.9

Dec 2011

3.2 4.7 2.3 3.8

Jan 2012

3.1 4.0 2.4 4.0

Feb 2012

2.8 3.3 2.4 4.0

Mar 2012

2.4 2.8 2.0 4.2

Apr 2012

2.0 1.6 2.1 3.7

May 2012

1.6 0.5 2.2 3.7

Jun 2012

1.3 0.1 1.9 3.7

Jul 2012

1.0 -0.1 1.6 2.6

Aug 2012

1.2 1.4 1.0 2.6

Sep 2012

1.5 1.7 1.3 2.6

Oct 2012

1.9 2.1 1.8 1.4

Nov 2012

1.7 1.1 2.0 1.3

Dec 2012

1.9 1.4 2.2 1.4

Jan 2013

1.6 1.3 1.8 1.3

Feb 2013

1.6 1.5 1.6 1.3

Mar 2013

1.3 0.7 1.6 1.1

Apr 2013

0.9 0.1 1.4 1.1

May 2013

0.9 1.1 0.9 1.2

Jun 2013

1.7 1.9 1.4 1.2

Jul 2013

2.0 1.8 2.0 1.7

Aug 2013

1.7 0.7 2.2 1.7

Sep 2013

1.1 -0.2 1.8 2.0

Oct 2013

1.3 -0.2 2.0 3.0

Nov 2013

1.1 0.4 1.5 3.1

Dec 2013

1.2 0.8 1.3 3.2

Jan 2014

1.3 1.1 1.3 3.2

Feb 2014

1.2 0.6 1.6 3.3

Mar 2014

1.6 1.2 1.8 3.4

Apr 2014

1.8 2.5 1.6 3.3

May 2014

2.1 2.0 2.2 3.2

Jun 2014

1.8 2.2 1.7 3.3

Jul 2014

1.9 2.0 2.0 3.2

Aug 2014

1.9 1.7 2.0 3.2

Sep 2014

1.6 1.5 1.6 3.0

Oct 2014

1.5 1.0 1.9 2.2

Nov 2014

1.3 0.4 1.8 2.1

Dec 2014

0.9 -1.2 2.1 2.2

Jan 2015

0.0 -3.6 2.0 2.0

Feb 2015

-0.5 -4.1 1.2 2.0

Mar 2015

-0.9 -4.5 0.9 1.9

Apr 2015

-1.1 -5.5 1.2 1.6

May 2015

-0.8 -4.0 0.8 1.7

Jun 2015

-0.5 -3.7 1.1 1.6

Jul 2015

-0.7 -3.8 0.8 1.8

Aug 2015

-1.0 -4.3 0.7 1.8

Sep 2015

-1.1 -5.1 0.9 1.8

Oct 2015

-1.4 -4.8 0.3 2.2

Nov 2015

-1.3 -4.4 0.4 2.2

Dec 2015

-1.1 -3.8 0.2 2.1

Jan 2016

0.0 -2.4 1.2 1.3

Feb 2016

0.1 -2.8 1.6 1.2

Mar 2016 (p)

-0.1 -2.6 1.2 1.1

Apr 2016 (p)

0.0 -1.9 1.0 1.9

May 2016 (p)

-0.1 -2.6 1.4 1.9

June 2016 (p)

0.3 -2.2 1.5 2.0
Footnotes:

(p) Preliminary.

Within final demand services, prices for trade services rose 2.8 percent from June 2015 to June 2016. Prices for services less trade, transportation, and warehousing rose 1.5 percent over the same period. These increases more than offset a decrease in prices for transportation and warehousing services (-2.5 percent).

Within final demand goods, the price index for energy was down 11.4 percent over the year. Prices for foods declined 2.3 percent. Prices for final demand goods less foods and energy increased 0.5 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — June 2016" (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. For more charts, see Charts related to the latest “U.S. Producer Price Indexes” news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index for final demand increases 0.3 percent for the year ended June 2016 on the Internet at https://www.bls.gov/opub/ted/2016/producer-price-index-for-final-demand-increases-0-point-3-percent-for-the-year-ended-june-2016.htm (visited September 22, 2019).

OF INTEREST
spotlight

Recent editions of Spotlight on Statistics