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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
- PPI Program invites you to participate in our user survey Read More »
- PPI Industry Net Output Ratios Updated with 2017 Input-Output Data Read More »
- Rebasing of Selected Producer Price Indexes Read More »
Charts
PPI for final demand components, 1-month percent change, June 2024
Commodity
1-month percent change
Goods
-0.5%
Foods
-0.3%
Fresh fruits and melons(1)
-6.3%
Fresh and dry vegetables(1)
-4.4%
Meats
0.0%
Processed poultry
-6.8%
Dairy products(1)
1.3%
Soft drinks(1)
-0.4%
Energy
-2.6%
Residential electric power
-1.1%
Residential natural gas
1.7%
Gasoline
-5.8%
Jet fuel(1)
-4.6%
Home heating oil and distillates
-3.5%
No. 2 diesel fuel
-3.3%
Goods less foods and energy
0.0%
Industrial chemicals
-0.7%
Pharmaceutical preparations
0.0%
Passenger cars
0.6%
Trucks, 14,000 lbs. and under
0.0%
Aircraft and aircraft equipment
0.2%
Cigarettes, including nontobacco(1)
0.0%
Services
0.6%
Trade services
1.9%
Machinery and equipment and parts and supplies wholesaling(1)
1.9%
Food and alcohol retailing
0.7%
Health and beauty retailing, including optical goods(1)
1.1%
Apparel, jewelry, footwear, and accessories retailing
0.9%
Automobiles and automobile parts retailing(1)
6.3%
Fuels and lubricants retailing(1)
5.4%
Transportation and warehousing services
-0.4%
Rail transportation of freight and mail(1)
0.0%
Truck transportation of freight(1)
-1.2%
Water transportation of freight(1)
0.6%
Air transportation of freight(1)
0.1%
Courier, messenger, and U.S. postal service
0.1%
Airline passenger services
1.1%
Less trade, transportation, and warehousing
0.1%
Loan services (partial)
-2.0%
Securities brokerage, dealing, investment advice, and related services(1)
0.9%
Portfolio management(1)
1.0%
Outpatient care (partial)
0.2%
Inpatient care
0.4%
Traveler accommodation services
-0.2%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
-0.5%(p) in Jun 2024
Foods
-0.3%(p) in Jun 2024
Energy
-2.6%(p) in Jun 2024
Core goods
unchanged in Jun 2024
FINAL DEMAND SERVICES:
Total
+0.6%(p) in Jun 2024
Transportation and warehousing
-0.4%(p) in Jun 2024
Trade
+1.9%(p) in Jun 2024
Other
+0.1%(p) in Jun 2024
FINAL DEMAND CONSTRUCTION:
Construction
+0.4%(p) in Jun 2024
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
-0.2%(p) in Jun 2024
Unprocessed goods
+1.4%(p) in Jun 2024
Services
+0.2%(p) in Jun 2024
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.1%(p) in Jun 2024
Stage 3 intermediate demand
unchanged in Jun 2024
Stage 2 intermediate demand
+0.8%(p) in Jun 2024
Stage 1 intermediate demand
+0.1%(p) in Jun 2024
GOODS:
Motor vehicles
+0.1%(p) in Jun 2024
Pharmaceutical preparations
unchanged in Jun 2024
Gasoline
-5.8%(p) in Jun 2024
Meats
unchanged in Jun 2024
Industrial chemicals
-0.3%(p) in Jun 2024
Lumber
+2.1%(p) in Jun 2024
Steel mill products
-1.8%(p) in Jun 2024
Diesel fuel
-3.3%(p) in Jun 2024
Prepared animal feeds
+0.3%(p) in Jun 2024
Crude petroleum
-0.2%(p) in Jun 2024
Grains
-3.4%(p) in Jun 2024
Carbon steel scrap
-4.0%(p) in Jun 2024
SERVICES:
Outpatient healthcare
+0.2%(p) in Jun 2024
Inpatient healthcare services
+0.4%(p) in Jun 2024
Food and alcohol retailing
+0.7%(p) in Jun 2024
Apparel and jewelry retailing
+0.9%(p) in Jun 2024
Airline passenger services
+1.1%(p) in Jun 2024
Securities brokerage, dealing, investment, and related services
+0.9%(p) in Jun 2024
Business loans (partial)
+2.1%(p) in Jun 2024
Legal services
+0.1%(p) in Jun 2024
Truck transportation of freight
-1.2%(p) in Jun 2024
Machinery and equipment wholesaling
+1.9%(p) in Jun 2024
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand rises 0.2% in June; services increase 0.6%, goods decline 0.5%
07/12/2024
The Producer Price Index for final demand advanced 0.2 percent in June. Prices for final demand
services increased 0.6 percent, and the index for final demand goods decreased 0.5 percent.
Prices for final demand rose 2.6 percent for the 12 months ended in June.
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Charts
Next Release
July 2024 PPI data are scheduled to be released on August 13, 2024, at 8:30 A.M. Eastern Time.
read more »
Publications
Beyond the Numbers
Debunking 8 common misconceptions about the Producer Price Index
This Beyond the Numbers article addresses common misconceptions about the PPI. It will cover the scope of PPI coverage, the types of price information used to construct PPIs, differences between the PPI and the Consumer Price Index (CPI), how changes in product quality affect PPIs, and how transportation costs are integrated into the PPI. read more »
The Economics Daily
Producer prices up 2.2 percent over the year ended May 2024
The Producer Price Index for final demand increased 2.2 percent (not seasonally adjusted) for the 12 months ended in May 2024. The final demand goods index increased 1.6 percent over the past 12 months, while the final demand services index increased 2.6 percent. read more »
Monthly Labor Review
Introducing Producer Price Index research series based on a geometric-mean formula
This article introduces Producer Price Index (PPI) research series calculated with a geometric-mean (geomean) formula and explains the formula’s methodological advantages. The article also compares official and geomean PPIs to illustrate how formula choice affects index values. read more »