Producer Price Index for final demand goods increased 4.0 percent over the year ending March 2017

April 17, 2017

The Producer Price Index for final demand goods increased 4.0 percent over the year ending March 2017, outpacing the Producer Price Index for final demand, which increased 2.3 percent over this period. This increase in the final demand goods index was largely driven by an increase in the final demand energy index, which increased 15.2 percent from March 2016 to March 2017.

12-month percent change in producer price indexes for final demand, March 2012–March 2017, not seasonally adjusted
Month Final demand Final demand less energy Final demand goods Final demand services Final demand energy Final demand transportation and warehousing services Final demand foods Final demand trade services Final demand construction

Mar 2012

2.4% 2.2% 2.8% 2.0% 3.7% 4.6% 2.6% 2.5% 4.2%

Apr 2012

2.0 2.2 1.6 2.1 -0.2 4.4 1.9 2.7 3.7

May 2012

1.6 2.2 0.5 2.2 -5.7 3.5 2.7 3.0 3.7

Jun 2012

1.3 1.9 0.1 1.9 -5.8 3.7 2.2 2.8 3.7

Jul 2012

1.0 1.7 -0.1 1.6 -6.6 3.2 3.0 2.6 2.6

Aug 2012

1.2 1.3 1.4 1.0 0.5 3.1 3.1 0.4 2.6

Sep 2012

1.5 1.3 1.7 1.3 2.6 2.9 2.9 0.9 2.6

Oct 2012

1.9 1.8 2.1 1.8 3.6 3.3 3.8 2.6 1.4

Nov 2012

1.7 1.9 1.1 2.0 -1.8 2.9 3.6 3.4 1.3

Dec 2012

1.9 2.1 1.4 2.2 -1.3 2.7 4.1 3.8 1.4

Jan 2013

1.6 1.8 1.3 1.8 -1.1 2.3 4.1 2.8 1.3

Feb 2013

1.6 1.6 1.5 1.6 1.1 1.6 3.3 1.5 1.3

Mar 2013

1.3 1.6 0.7 1.6 -2.9 1.3 3.7 1.4 1.1

Apr 2013

0.9 1.3 0.1 1.4 -4.4 0.0 2.2 1.6 1.1

May 2013

0.9 1.0 1.1 0.9 -0.7 -0.3 3.5 -0.6 1.2

Jun 2013

1.7 1.5 1.9 1.4 3.1 0.7 3.2 0.7 1.2

Jul 2013

2.0 1.8 1.8 2.0 3.6 1.6 2.2 2.1 1.7

Aug 2013

1.7 1.7 0.7 2.2 0.0 1.4 0.5 2.8 1.7

Sep 2013

1.1 1.5 -0.2 1.8 -3.6 0.8 -0.3 2.2 2.0

Oct 2013

1.3 1.6 -0.2 2.0 -3.9 0.6 -0.2 2.0 3.0

Nov 2013

1.1 1.3 0.4 1.5 -1.1 0.3 -0.9 0.8 3.1

Dec 2013

1.2 1.2 0.8 1.3 0.9 2.0 -0.8 -0.4 3.2

Jan 2014

1.3 1.2 1.1 1.3 1.1 1.0 -0.7 0.2 3.2

Feb 2014

1.2 1.5 0.6 1.6 -2.0 0.7 0.7 1.2 3.3

Mar 2014

1.6 1.7 1.2 1.8 1.3 1.2 1.2 1.5 3.4

Apr 2014

1.8 1.8 2.5 1.6 3.8 2.7 5.1 0.7 3.3

May 2014

2.1 2.2 2.0 2.2 2.5 3.2 3.6 3.0 3.2

Jun 2014

1.8 1.8 2.2 1.7 3.1 2.9 3.8 1.4 3.3

Jul 2014

1.9 2.0 2.0 2.0 2.4 2.6 3.6 2.3 3.2

Aug 2014

1.9 2.1 1.7 2.0 0.5 2.7 3.8 2.0 3.2

Sep 2014

1.6 1.8 1.5 1.6 -0.5 2.6 3.9 1.1 3.0

Oct 2014

1.5 2.0 1.0 1.9 -3.8 1.8 4.3 2.8 2.2

Nov 2014

1.3 1.9 0.4 1.8 -5.9 2.3 4.4 2.3 2.1

Dec 2014

0.9 2.1 -1.2 2.1 -13.2 0.8 4.4 4.0 2.2

Jan 2015

0.0 1.8 -3.6 2.0 -22.3 0.6 2.6 4.2 2.0

Feb 2015

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

Mar 2015

-0.9 0.6 -4.5 0.9 -22.0 -0.9 -1.6 1.4 1.9

Apr 2015

-1.1 0.6 -5.5 1.2 -24.0 -1.9 -4.5 1.8 1.6

May 2015

-0.8 0.5 -4.0 0.8 -19.0 -2.0 -3.0 0.8 1.7

Jun 2015

-0.5 0.8 -3.7 1.1 -18.2 -2.1 -2.7 1.7 1.6

Jul 2015

-0.7 0.6 -3.8 0.8 -17.9 -2.2 -3.3 0.8 1.8

Aug 2015

-1.0 0.5 -4.3 0.7 -19.9 -3.4 -2.6 1.0 1.8

Sep 2015

-1.1 0.6 -5.1 0.9 -23.6 -3.2 -3.0 2.0 1.8

Oct 2015

-1.4 0.0 -4.8 0.3 -21.4 -2.9 -4.2 -0.2 2.2

Nov 2015

-1.3 -0.1 -4.4 0.4 -19.2 -2.7 -4.3 0.4 2.2

Dec 2015

-1.1 -0.1 -3.8 0.2 -16.4 -3.5 -5.2 0.0 2.1

Jan 2016

0.0 0.6 -2.4 1.2 -11.1 -2.3 -3.5 1.1 1.3

Feb 2016

0.1 1.0 -2.8 1.6 -15.4 -2.0 -2.0 2.3 1.2

Mar 2016

-0.1 0.9 -2.8 1.3 -15.4 -1.9 -2.5 1.4 1.1

Apr 2016

0.2 0.9 -2.0 1.2 -12.3 -1.9 -2.1 1.6 2.1

May 2016

0.0 1.0 -2.5 1.4 -13.9 -2.5 -2.5 1.9 2.0

Jun 2016

0.2 1.0 -2.2 1.5 -11.6 -2.5 -2.4 2.2 2.0

Jul 2016

0.0 0.7 -2.2 1.1 -11.4 -1.9 -2.6 0.6 0.7

Aug 2016

0.0 0.6 -1.9 1.0 -10.0 -1.4 -4.1 0.3 0.7

Sep 2016

0.6 0.9 -0.4 1.4 -2.9 -1.8 -3.1 0.8 0.7

Oct 2016

1.1 1.2 0.4 1.6 0.5 -0.9 -3.2 1.3 0.6

Nov 2016

1.3 1.4 0.5 1.7 0.2 -0.4 -3.5 1.4 0.7

Dec 2016(p)

1.6 1.4 1.9 1.5 5.9 0.0 -1.1 1.0 0.6

Jan 2017(p)

1.6 1.0 3.1 0.8 14.0 1.1 -2.2 0.1 1.3

Feb 2017(p)

2.2 1.4 3.9 1.4 19.2 1.6 -1.8 0.9 1.2

Mar 2017(p)

2.3 1.5 4.0 1.5 15.2 1.3 0.3 1.5 1.5
Footnotes:

(p)Preliminary.

Over the year ending March 2017, prices for final demand services increased 1.5 percent. The index for trade services, which measures changes in the margins wholesalers and retailers receive, increased 1.5 percent as well. Prices for transportation and warehousing services increased 1.3 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — March 2017" (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. 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, Producer Price Index for final demand goods increased 4.0 percent over the year ending March 2017 on the Internet at http://www.bls.gov/opub/ted/2017/producer-price-index-for-final-demand-goods-increased-4-point-0-percent-over-the-year-ending-march-2017.htm (visited April 28, 2017).

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