Producer Price Index for final demand increased 2.5 percent in 2018

January 17, 2019

The Producer Price Index for final demand increased 2.5 percent for the 12 months ending December 2018, the same as in the previous 12 months.

12-month percent change in selected Producer Price Indexes, not seasonally adjusted, December 2016–December 2018
Month Final demand Final demand less foods,
energy, and trade services
Final demand, goods Final demand, services

Dec 2016

1.7% 1.8% 1.9% 1.6%

Jan 2017

1.7 1.7 3.1 1.1

Feb 2017

2.0 1.8 4.0 1.0

Mar 2017

2.2 1.8 4.1 1.3

Apr 2017

2.5 2.0 4.1 1.7

May 2017

2.3 2.1 2.9 2.0

Jun 2017

1.9 2.1 2.2 1.7

Jul 2017

2.0 2.0 2.3 1.9

Aug 2017

2.4 1.9 3.1 2.2

Sep 2017

2.6 2.1 3.4 2.1

Oct 2017

2.8 2.4 3.2 2.4

Nov 2017

3.0 2.4 4.2 2.3

Dec 2017

2.5 2.3 3.5 2.1

Jan 2018

2.6 2.5 3.2 2.2

Feb 2018

2.8 2.7 3.1 2.7

Mar 2018

2.9 2.9 3.3 2.8

Apr 2018

2.7 2.6 3.0 2.5

May 2018

3.1 2.7 4.3 2.4

Jun 2018

3.3 2.7 4.4 2.7

Jul 2018

3.4 3.0 4.4 2.7

Aug 2018

3.0 3.0 3.9 2.5

Sep 2018

2.6 2.9 3.2 2.4

Oct 2018

2.9 2.8 3.6 2.4

Nov 2018

2.5 2.8 2.2 2.6

Dec 2018

2.5 2.8 1.7 2.8

Note: All data are subject to revision 4 months after originally published.

The Producer Price Index for final demand less foods, energy, and trade services increased 2.8 percent for the year ending December 2018, following a 2.3-percent increase for the previous 12 months. The index for final demand goods increased 1.7 percent in 2018, after increasing 3.5 percent in 2017. Prices for final demand services increased 2.8 percent, following a 2.1-percent increase in 2017.

These data are from the Producer Price Index program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — December 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. 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 increased 2.5 percent in 2018 on the Internet at https://www.bls.gov/opub/ted/2019/producer-price-index-for-final-demand-increased-2-point-5-percent-in-2018.htm (visited September 19, 2019).

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