Producer prices for final demand up 2.6 percent for year ended September 2018

October 16, 2018

The Producer Price Index for final demand increased 2.6 percent for the 12 months ended in September 2018. Producer prices for final demand goods rose 3.2 percent over the year, while prices for final demand services increased 2.4 percent.

Percent change in Producer Price Indexes for final demand, September 2017 to September 2018, not seasonally adjusted
Commodity 12-month percent change

Goods

3.2%

Foods

-1.4

Fresh fruits and melons

-4.1

Fresh and dry vegetables

-12.7

Meats

-3.7

Processed poultry

-10.4

Dairy products

-3.0

Soft drinks

2.1

Energy

9.7

Residential electric power

0.9

Residential natural gas

-1.1

Gasoline

14.9

Jet fuel

30.0

Home heating oil and distillates

42.5

No. 2 diesel fuel

29.3

Goods less foods and energy

2.7

Industrial chemicals

9.7

Pharmaceutical preparations

5.5

Passenger cars

2.0

Trucks, 14,000 lbs. and under

1.5

Aircraft and aircraft equipment

1.4

Cigarettes, including nontobacco

6.4

Services

2.4

Trade services

0.9

Machinery and equipment and parts and supplies wholesaling

0.8

Food and alcohol retailing

0.7

Health and beauty retailing, including optical goods

0.1

Apparel, jewelry, footwear, and accessories retailing

-1.8

Automobiles and automobile parts retailing

-0.8

Fuels and lubricants retailing

4.0

Transportation and warehousing services

5.9

Rail transportation of freight and mail

7.6

Truck transportation of freight

6.7

Water transportation of freight

8.1

Air transportation of freight

1.4

Courier, messenger, and U.S. postal service

4.2

Airline passenger services

4.9

Less trade, transportation, and warehousing

2.7

Loan services (partial)

9.0

Securities brokerage, dealing, investment advice, and related services

11.0

Portfolio management

6.5

Outpatient care (partial)

1.8

Inpatient care

2.6

Traveler accommodation services

2.3

Construction

3.4

Construction for private capital investment

3.7

Construction for government

3.0

Producer prices for final demand construction rose 3.4 percent from September 2017 to September 2018.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see Producer Price Indexes — September 2018. 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. We also have more charts on Producer Price Indexes.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices for final demand up 2.6 percent for year ended September 2018 on the Internet at https://www.bls.gov/opub/ted/2018/producer-prices-for-final-demand-up-2-point-6-percent-for-year-ended-september-2018.htm (visited September 19, 2019).

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