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PPI for final demand foods increased 3.5 percent over the year ending November 2017

December 15, 2017

The Producer Price Index (PPI) for final demand foods increased 3.5 percent from November 2016 to November 2017. Within that index grouping, the index for eggs for fresh use increased 115.9 percent and the index for fresh and dry vegetables rose 39.8 percent.

12-month percent change in selected Producer Price Indexes for final demand foods, November 2016–November 2017
Good Percent change

Final demand foods

3.5%

Eggs for fresh use

115.9

Fresh and dry vegetables

39.8

Beef and veal

14.5

Milled rice

6.6

Pork

5.2

Shortening and cooking oils

4.9

Finfish and shellfish

3.2

Grains

2.6

Dairy products

2.3

Processed fruits and vegetables

1.7

Bakery products

1.6

Roasted coffee

1.1

Confectionery end products

0.9

Soft drinks

0.4

Frozen specialty food

-0.2

Fresh fruits and melons

-0.4

Pasta products

-0.4

Oilseeds

-1.9

Processed turkeys

-9.9

Processed young chickens

-10.5

In November 2017, among the indexes for final demand foods that had the largest over-the-year percentage decrease were processed young chickens (−10.5 percent), and processed turkeys (−9.9 percent).

These data are from the Producer Price Index program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — November 2017" (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. Also 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, PPI for final demand foods increased 3.5 percent over the year ending November 2017 on the Internet at https://www.bls.gov/opub/ted/2017/ppi-for-final-demand-foods-increased-3-point-5-percent-over-the-year-ending-november-2017.htm (visited February 16, 2020).

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