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Producer Price Indexes
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Producer Price Index Home
The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
Notices
- Rebasing of Selected Producer Price Indexes Read More »
- Addition of Historical Data to Coal Industry Producer Price Indexes Read More »
- PPI Publishes Research Geometric Mean Indexes Read More »
Charts
PPI for final demand components, 1-month percent change, August 2023
Commodity
1-month percent change
Goods
2.0%
Foods
-0.5%
Fresh fruits and melons(1)
4.7%
Fresh and dry vegetables(1)
-11.5%
Meats
-2.4%
Processed poultry
1.0%
Dairy products
1.9%
Soft drinks(1)
1.1%
Energy
10.5%
Residential electric power
-0.5%
Residential natural gas
-1.1%
Gasoline
20.0%
Jet fuel(1)
23.6%
Home heating oil and distillates
18.1%
No. 2 diesel fuel
41.1%
Goods less foods and energy
0.1%
Industrial chemicals
-1.2%
Pharmaceutical preparations
0.4%
Passenger cars
0.3%
Trucks, 14,000 lbs. and under
0.1%
Aircraft and aircraft equipment
0.0%
Cigarettes, including nontobacco(1)
1.4%
Services
0.2%
Trade services
-0.3%
Machinery and equipment and parts and supplies wholesaling(1)
0.9%
Food and alcohol retailing
0.5%
Health and beauty retailing, including optical goods(1)
-0.4%
Apparel, jewelry, footwear, and accessories retailing
0.8%
Automobiles and automobile parts retailing(1)
-0.8%
Fuels and lubricants retailing(1)
4.1%
Transportation and warehousing services
1.4%
Rail transportation of freight and mail(1)
0.4%
Truck transportation of freight(1)
1.6%
Water transportation of freight(1)
1.7%
Air transportation of freight(1)
0.9%
Courier, messenger, and U.S. postal service
1.2%
Airline passenger services
1.3%
Less trade, transportation, and warehousing
0.3%
Loan services (partial)
-0.3%
Securities brokerage, dealing, investment advice, and related services(1)
1.6%
Portfolio management(1)
0.5%
Outpatient care (partial)
0.1%
Inpatient care
-0.2%
Traveler accommodation services
0.5%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
+2.0%(p) in Aug 2023
Foods
-0.5%(p) in Aug 2023
Energy
+10.5%(p) in Aug 2023
Core goods
+0.1%(p) in Aug 2023
FINAL DEMAND SERVICES:
Total
+0.2%(p) in Aug 2023
Transportation and warehousing
+1.4%(p) in Aug 2023
Trade
-0.3%(p) in Aug 2023
Other
+0.3%(p) in Aug 2023
FINAL DEMAND CONSTRUCTION:
Construction
+0.2%(p) in Aug 2023
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
+2.1%(p) in Aug 2023
Unprocessed goods
+1.3%(p) in Aug 2023
Services
+0.1%(p) in Aug 2023
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.6%(p) in Aug 2023
Stage 3 intermediate demand
+0.9%(p) in Aug 2023
Stage 2 intermediate demand
+0.7%(p) in Aug 2023
Stage 1 intermediate demand
+1.6%(p) in Aug 2023
GOODS:
Motor vehicles
+0.2%(p) in Aug 2023
Pharmaceutical preparations
+0.4%(p) in Aug 2023
Gasoline
+20.0%(p) in Aug 2023
Meats
-2.4%(p) in Aug 2023
Industrial chemicals
-1.9%(p) in Aug 2023
Lumber
-4.2%(p) in Aug 2023
Steel mill products
-0.5%(p) in Aug 2023
Diesel fuel
+41.1%(p) in Aug 2023
Prepared animal feeds
-0.1%(p) in Aug 2023
Crude petroleum
+8.9%(p) in Aug 2023
Grains
-6.9%(p) in Aug 2023
Carbon steel scrap
+4.3%(p) in Aug 2023
SERVICES:
Outpatient healthcare
+0.1%(p) in Aug 2023
Inpatient healthcare services
-0.2%(p) in Aug 2023
Food and alcohol retailing
+0.5%(p) in Aug 2023
Apparel and jewelry retailing
+0.8%(p) in Aug 2023
Airline passenger services
+1.3%(p) in Aug 2023
Securities brokerage, dealing, investment, and related services
+1.6%(p) in Aug 2023
Business loans (partial)
+3.7%(p) in Aug 2023
Legal services
+0.2%(p) in Aug 2023
Truck transportation of freight
+1.6%(p) in Aug 2023
Machinery and equipment wholesaling
+0.9%(p) in Aug 2023
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand advances 0.7% in August; goods rise 2.0%, services increase 0.2%
09/14/2023
The Producer Price Index for final demand increased 0.7 percent in August. Prices for final
demand goods rose 2.0 percent, and the index for final demand services advanced 0.2 percent.
Prices for final demand moved up 1.6 percent for the 12 months ended in August.
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Charts
Next Release
September 2023 PPI data are scheduled to be released on October 11, 2023, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer prices for services rose 2.3 percent for the year ended June 2023
Producer prices for final demand advanced 0.1 percent for the year ended June 2023. Producer prices for services rose 2.3 percent from June 2022 to June 2023. Producer prices for services less trade, transportation, and warehousing rose 3.9 percent over the year. read more »
Beyond the Numbers
High grain prices rippled throughout the economy
This Beyond the Numbers article discusses trends in grain prices and their ripple effects on food inflation from December 2019 to August 2022. It examines changes in food prices in the PPI, the CPI, and in the FD-ID system. read more »
Monthly Labor Review
Exploring quality adjustment in PPI cloud computing
A new method in accounting for price changes over time in cloud computing services. read more »