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A new method in accounting for price changes over time in cloud computing services. read more »
The Producer Price Index for final demand increased 6.0 percent from January 2022 to January 2023, the smallest 12-month advance since March 2021. Producer prices for goods rose 7.5 percent for the year ended January 2023, while prices for services rose 5.0 percent. Prices for transportation and warehousing increased 11.3 percent. read more »
Measures of price change in the U.S. recently experienced the largest period of inflation since 2008. Ongoing complications of the coronavirus pandemic contributed to this. In 2021, a semiconductor shortage caused decreased production in a variety of industries. Port congestion resulted in product delivery delays and to substantial supply shortfalls, causing upward price pressure. To gain perspective on recent trends, this article turns to past periods of high inflation. read more »
Read more about the Producer Price Index in the Handbook of Methods. read more »