An official website of the United States government
United States Department of Labor
United States Department of Labor
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure.
The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
Producer Price Indexes
SHARE ON:
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
- Recalculated Seasonal Adjustment Factors and Relative Importance Figures Read More »
- Rebasing of Selected Producer Price Indexes Read More »
- Addition of Historical Data to Coal Industry Producer Price Indexes Read More »
Charts
PPI for final demand components, 1-month percent change, October 2023
Commodity
1-month percent change
Goods
-1.4%
Foods
-0.2%
Fresh fruits and melons(1)
-6.2%
Fresh and dry vegetables(1)
-1.7%
Meats
1.0%
Processed poultry
0.3%
Dairy products
1.1%
Soft drinks(1)
0.3%
Energy
-6.5%
Residential electric power
0.1%
Residential natural gas
-0.6%
Gasoline
-15.3%
Jet fuel(1)
-1.9%
Home heating oil and distillates
-11.1%
No. 2 diesel fuel
-12.0%
Goods less foods and energy
0.1%
Industrial chemicals
2.9%
Pharmaceutical preparations
0.2%
Passenger cars
0.5%
Trucks, 14,000 lbs. and under
-0.4%
Aircraft and aircraft equipment
0.1%
Cigarettes, including nontobacco(1)
2.8%
Services
0.0%
Trade services
-0.7%
Machinery and equipment and parts and supplies wholesaling(1)
-1.4%
Food and alcohol retailing
-0.7%
Health and beauty retailing, including optical goods(1)
-2.3%
Apparel, jewelry, footwear, and accessories retailing
-5.5%
Automobiles and automobile parts retailing(1)
-2.6%
Fuels and lubricants retailing(1)
5.0%
Transportation and warehousing services
1.5%
Rail transportation of freight and mail(1)
1.3%
Truck transportation of freight(1)
1.1%
Water transportation of freight(1)
-4.0%
Air transportation of freight(1)
2.2%
Courier, messenger, and U.S. postal service
0.6%
Airline passenger services
3.1%
Less trade, transportation, and warehousing
0.1%
Loan services (partial)
0.3%
Securities brokerage, dealing, investment advice, and related services(1)
-2.0%
Portfolio management(1)
-2.9%
Outpatient care (partial)
0.3%
Inpatient care
0.9%
Traveler accommodation services
-3.3%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
-1.4%(p) in Oct 2023
Foods
-0.2%(p) in Oct 2023
Energy
-6.5%(p) in Oct 2023
Core goods
+0.1%(p) in Oct 2023
FINAL DEMAND SERVICES:
Total
unchanged in Oct 2023
Transportation and warehousing
+1.5%(p) in Oct 2023
Trade
-0.7%(p) in Oct 2023
Other
+0.1%(p) in Oct 2023
FINAL DEMAND CONSTRUCTION:
Construction
-0.4%(p) in Oct 2023
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
-0.9%(p) in Oct 2023
Unprocessed goods
-1.4%(p) in Oct 2023
Services
unchanged in Oct 2023
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
-0.3%(p) in Oct 2023
Stage 3 intermediate demand
-0.5%(p) in Oct 2023
Stage 2 intermediate demand
-0.1%(p) in Oct 2023
Stage 1 intermediate demand
-0.4%(p) in Oct 2023
GOODS:
Motor vehicles
-0.2%(p) in Oct 2023
Pharmaceutical preparations
+0.2%(p) in Oct 2023
Gasoline
-15.3%(p) in Oct 2023
Meats
+1.0%(p) in Oct 2023
Industrial chemicals
+2.9%(p) in Oct 2023
Lumber
-1.3%(p) in Oct 2023
Steel mill products
-2.5%(p) in Oct 2023
Diesel fuel
-12.0%(p) in Oct 2023
Prepared animal feeds
-2.1%(p) in Oct 2023
Crude petroleum
-2.9%(p) in Oct 2023
Grains
-2.4%(p) in Oct 2023
Carbon steel scrap
-3.2%(p) in Oct 2023
SERVICES:
Outpatient healthcare
+0.3%(p) in Oct 2023
Inpatient healthcare services
+0.9%(p) in Oct 2023
Food and alcohol retailing
-0.7%(p) in Oct 2023
Apparel and jewelry retailing
-5.5%(p) in Oct 2023
Airline passenger services
+3.1%(p) in Oct 2023
Securities brokerage, dealing, investment, and related services
-2.0%(p) in Oct 2023
Business loans (partial)
-3.1%(p) in Oct 2023
Legal services
+0.9%(p) in Oct 2023
Truck transportation of freight
+1.1%(p) in Oct 2023
Machinery and equipment wholesaling
-1.4%(p) in Oct 2023
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand declines 0.5% in October; goods fall 1.4%, services unchanged
11/15/2023
The Producer Price Index for final demand fell 0.5 percent in October. Prices for final demand
goods decreased 1.4 percent, and the index for final demand services was unchanged. Prices for
final demand rose 1.3 percent for the 12 months ended in October.
HTML
|
PDF
|
RSS
|
Charts
Next Release
November 2023 PPI data are scheduled to be released on December 13, 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 »