Producer prices down over the year for final demand goods, up for services and construction

February 19, 2016

The Producer Price Index for final demand fell 0.2 percent from January 2015 to January 2016. Prices for final demand services rose 0.9 percent over the year, while prices for final demand goods fell 2.5 percent. Prices for final demand construction rose 1.2 percent for the 12 months ending in January 2016.

 

 

Over-the-year percent changes in Producer Price Indexes for final demand, January 2012 to January 2016, not seasonally adjusted
       Month        Final demand Final demand goods Final demand foods Final demand energy Final demand less foods and energy Final demand services Final demand transportation and warehousing services Final demand trade services Final demand services less trade, transportation, and warehousing Final demand construction

Jan 2012

3.1 4.0 5.1 7.3 2.5 2.4 5.8 3.1 1.7 4.0

Feb 2012

2.8 3.3 1.2 7.2 2.6 2.4 5.6 3.4 1.7 4.0

Mar 2012

2.4 2.8 2.6 3.7 2.3 2.0 4.6 2.5 1.5 4.2

Apr 2012

2.0 1.6 1.9 -0.2 2.1 2.1 4.4 2.7 1.6 3.7

May 2012

1.6 0.5 2.7 -5.7 2.2 2.2 3.5 3.0 1.6 3.7

Jun 2012

1.3 0.1 2.2 -5.8 1.9 1.9 3.7 2.8 1.4 3.7

Jul 2012

1.0 -0.1 3.0 -6.6 1.7 1.6 3.2 2.6 1.1 2.6

Aug 2012

1.2 1.4 3.1 0.5 1.2 1.0 3.1 0.4 1.1 2.6

Sep 2012

1.5 1.7 2.9 2.6 1.4 1.3 2.9 0.9 1.4 2.6

Oct 2012

1.9 2.1 3.8 3.6 1.6 1.8 3.3 2.6 1.3 1.4

Nov 2012

1.7 1.1 3.6 -1.8 1.8 2.0 2.9 3.4 1.2 1.3

Dec 2012

1.9 1.4 4.1 -1.3 2.0 2.2 2.7 3.8 1.4 1.4

Jan 2013

1.6 1.3 4.1 -1.1 1.7 1.8 2.3 2.8 1.3 1.3

Feb 2013

1.6 1.5 3.3 1.1 1.4 1.6 1.6 1.5 1.5 1.3

Mar 2013

1.3 0.7 3.7 -2.9 1.5 1.6 1.3 1.4 1.8 1.1

Apr 2013

0.9 0.1 2.2 -4.4 1.3 1.4 0.0 1.6 1.5 1.1

May 2013

0.9 1.1 3.5 -0.7 0.9 0.9 -0.3 -0.6 1.7 1.2

Jun 2013

1.7 1.9 3.2 3.1 1.3 1.4 0.7 0.7 1.9 1.2

Jul 2013

2.0 1.8 2.2 3.6 1.7 2.0 1.6 2.1 2.0 1.7

Aug 2013

1.7 0.7 0.5 0.0 1.8 2.2 1.4 2.8 2.0 1.7

Sep 2013

1.1 -0.2 -0.3 -3.6 1.6 1.8 0.8 2.2 1.8 2.0

Oct 2013

1.3 -0.2 -0.2 -3.9 1.7 2.0 0.6 2.0 2.1 3.0

Nov 2013

1.1 0.4 -0.9 -1.1 1.4 1.5 0.3 0.8 2.1 3.1

Dec 2013

1.2 0.8 -0.8 0.9 1.2 1.3 2.0 -0.4 2.0 3.2

Jan 2014

1.3 1.1 -0.7 1.1 1.4 1.3 1.0 0.2 2.0 3.2

Feb 2014

1.2 0.6 0.7 -2.0 1.6 1.6 0.7 1.2 1.9 3.3

Mar 2014

1.6 1.2 1.2 1.3 1.6 1.8 1.2 1.5 2.0 3.4

Apr 2014

1.8 2.5 5.1 3.8 1.5 1.6 2.7 0.7 1.8 3.3

May 2014

2.1 2.0 3.6 2.5 2.1 2.2 3.2 3.0 1.7 3.2

Jun 2014

1.8 2.2 3.8 3.1 1.6 1.7 2.9 1.4 1.6 3.3

Jul 2014

1.9 2.0 3.6 2.4 1.9 2.0 2.6 2.3 1.6 3.2

Aug 2014

1.9 1.7 3.8 0.5 1.9 2.0 2.7 2.0 1.8 3.2

Sep 2014

1.6 1.5 3.9 -0.5 1.6 1.6 2.6 1.1 1.6 3.0

Oct 2014

1.5 1.0 4.3 -3.8 1.9 1.9 1.8 2.8 1.4 2.2

Nov 2014

1.3 0.4 4.4 -5.9 1.7 1.8 2.3 2.3 1.3 2.1

Dec 2014

0.9 -1.2 4.4 -13.2 2.0 2.1 0.8 4.0 1.4 2.2

Jan 2015

0.0 -3.6 2.6 -22.3 1.7 2.0 0.6 4.2 1.0 2.0

Feb 2015

-0.5 -4.1 0.6 -22.4 1.0 1.2 0.0 1.9 1.0 2.0

Mar 2015

-0.9 -4.5 -1.6 -22.0 0.8 0.9 -0.9 1.4 0.8 1.9

Apr 2015

-1.1 -5.5 -4.5 -24.0 1.0 1.2 -1.9 1.8 1.2 1.6

May 2015

-0.8 -4.0 -3.0 -19.0 0.7 0.8 -2.0 0.8 1.2 1.7

Jun 2015

-0.5 -3.7 -2.7 -18.2 1.1 1.1 -2.1 1.7 1.3 1.6

Jul 2015

-0.7 -3.8 -3.3 -17.9 0.8 0.8 -2.2 0.8 1.3 1.8

Aug 2015

-1.0 -4.3 -2.6 -19.9 0.6 0.7 -3.4 1.0 1.1 1.8

Sep 2015

-1.1 -5.1 -3.0 -23.6 0.7 0.9 -3.2 2.0 1.0 1.8

Oct 2015 (p)

-1.6 -4.8 -4.2 -21.5 0.1 0.1 -2.9 -0.7 0.8 2.3

Nov 2015 (p)

-1.1 -4.3 -3.9 -19.0 0.5 0.5 -2.8 1.0 0.8 2.1

Dec 2015 (p)

-1.0 -3.7 -5.2 -16.2 0.3 0.4 -3.4 0.2 1.0 1.8

Jan 2016 (p)

-0.2 -2.5 -3.5 -11.5 0.6 0.9 -2.2 0.4 1.6 1.2
Footnotes:

 

(p) = preliminary.

Margins for final demand trade services moved up 0.4 percent over the year. (Margins for trade services are the difference between wholesalers’ and retailers’ selling price and purchase price of items.) Prices for final demand transportation and warehousing services fell 2.2 percent for the 12 months ending in January 2016. Prices for final demand services less trade, transportation, and warehousing rose 1.6 percent over the year.

The decrease over the year in final demand goods prices resulted from an 11.5-percent decline in prices for final demand energy goods and a 3.5-percent decline in final demand foods. Prices for final demand goods less foods and energy rose 0.6 percent over the year.

These data are from the Producer Price Indexes program. To learn more, see "Producer Price Indexes — January 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.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices down over the year for final demand goods, up for services and construction on the Internet at https://www.bls.gov/opub/ted/2016/producer-prices-down-over-the-year-for-final-demand-goods-up-for-services-and-construction.htm (visited September 16, 2019).

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