PPI for final demand up 1.9 percent over the year ended July 2017

August 15, 2017

The Producer Price Index for final demand increased 1.9 percent (not seasonally adjusted) for the 12 months ended in July 2017. The final demand goods index increased 2.3 percent over the past year. The final demand services index increased 1.8 percent. The final demand construction index increased 3.2 percent over the same period.

Producer Price Index for final demand 12-month percentage change, July 2017
Grouping 12-month change, July 2016 to July 2017

Final demand

1.9%

Final demand goods

2.3

Final demand foods

1.9

Final demand energy

4.1

Final demand goods less foods and energy

1.9

Final demand services

1.8

Final demand trade services

1.4

Final demand transportation and warehousing services

1.1

Final demand services less trade, transportation, and warehousing

2.1

Final demand construction

3.2

Construction for private capital investment

3.1

Construction for government

3.3

Within the final demand goods grouping, the index for foods increased 1.9 percent over the 12 months ended July 2017, while the energy index increased 4.1 percent. Producer prices for all other final demand goods, measured in the index for final demand goods less foods and energy increased 1.9 percent for the year ended July 2017.

Within the final demand services grouping, the index for trade services increased 1.4 percent over the year. The transportation and warehousing services index increased 1.1 percent. The index for all other final demand services, final demand services less trade, transportation, and warehousing increased 2.1 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — July 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 up 1.9 percent over the year ended July 2017 on the Internet at https://www.bls.gov/opub/ted/2017/ppi-for-final-demand-up-1-point-9-percent-over-the-year-ended-july-2017.htm (visited September 19, 2019).

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