Producer Price Index for final demand up 1.7 percent for the 12 months ended June 2019

July 17, 2019

The Produce Price Index for final demand rose 1.7 percent for the 12 months ended in June 2019. Prices for final demand foods increased 2.2 percent, while prices for final demand energy decreased 7.1 percent over this 12-month period.

12-month percent changes in Producer Price Indexes, selected final demand groupings, June 2019
Grouping 12-month percent change

Final demand, total

1.7%

Final demand foods

2.2

Final demand energy

-7.1

Final demand goods less foods and energy

1.4

Final demand trade services

2.8

Final demand transportation and warehousing services

3.3

Final demand services less trade, transportation, and warehousing

2.2

Prices for final demand goods less foods and energy were up 1.4 percent for the 12 months ended in June.

Final demand trade services prices were up 2.8 percent over the year ended June 2019. Prices for final demand transportation and warehousing services rose 3.3 percent, while the index for final demand services less trade, transportation, and warehousing increased 2.2 percent over these 12 months.

These data are from the Producer Price Index program and are not seasonally adjusted. To learn more, see “Producer Price Indexes — June 2019.” Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. Final demand goods and services are sold for personal consumption, capital investment, government, and export. 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, Producer Price Index for final demand up 1.7 percent for the 12 months ended June 2019 on the Internet at https://www.bls.gov/opub/ted/2019/ppi-final-demand-prices-up-1-point-7-percent-for-the-12-months-ended-june-2019.htm (visited September 16, 2019).

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