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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 to be 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, May 2024
Commodity
1-month percent change
Goods
-0.8%
Foods
-0.1%
Fresh fruits and melons(1)
-2.1%
Fresh and dry vegetables(1)
2.8%
Meats
-0.7%
Processed poultry
2.1%
Dairy products(1)
1.7%
Soft drinks(1)
0.3%
Energy
-4.8%
Residential electric power
-0.1%
Residential natural gas
0.4%
Gasoline
-7.1%
Jet fuel(1)
-5.6%
Home heating oil and distillates
-7.3%
No. 2 diesel fuel
-24.5%
Goods less foods and energy
0.3%
Industrial chemicals
-1.1%
Pharmaceutical preparations
0.2%
Passenger cars
-0.3%
Trucks, 14,000 lbs. and under
-0.1%
Aircraft and aircraft equipment
0.1%
Cigarettes, including nontobacco(1)
3.3%
Services
0.0%
Trade services
0.2%
Machinery and equipment and parts and supplies wholesaling(1)
-2.6%
Food and alcohol retailing
2.5%
Health and beauty retailing, including optical goods(1)
-0.9%
Apparel, jewelry, footwear, and accessories retailing
1.0%
Automobiles and automobile parts retailing(1)
0.4%
Fuels and lubricants retailing(1)
12.2%
Transportation and warehousing services
-1.4%
Rail transportation of freight and mail(1)
0.2%
Truck transportation of freight(1)
-0.6%
Water transportation of freight(1)
0.8%
Air transportation of freight(1)
-0.3%
Courier, messenger, and U.S. postal service
0.4%
Airline passenger services
-4.3%
Less trade, transportation, and warehousing
0.1%
Loan services (partial)
-0.7%
Securities brokerage, dealing, investment advice, and related services(1)
-0.3%
Portfolio management(1)
-1.8%
Outpatient care (partial)
0.3%
Inpatient care
0.3%
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
-0.8%(p) in May 2024
Foods
-0.1%(p) in May 2024
Energy
-4.8%(p) in May 2024
Core goods
+0.3%(p) in May 2024
FINAL DEMAND SERVICES:
Total
unchanged in May 2024
Transportation and warehousing
-1.4%(p) in May 2024
Trade
+0.2%(p) in May 2024
Other
+0.1%(p) in May 2024
FINAL DEMAND CONSTRUCTION:
Construction
unchanged in May 2024
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
-1.5%(p) in May 2024
Unprocessed goods
-1.8%(p) in May 2024
Services
+0.1%(p) in May 2024
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
-0.2%(p) in May 2024
Stage 3 intermediate demand
-0.7%(p) in May 2024
Stage 2 intermediate demand
-0.8%(p) in May 2024
Stage 1 intermediate demand
-0.8%(p) in May 2024
GOODS:
Motor vehicles
-0.1%(p) in May 2024
Pharmaceutical preparations
+0.2%(p) in May 2024
Gasoline
-7.1%(p) in May 2024
Meats
-0.7%(p) in May 2024
Industrial chemicals
-0.7%(p) in May 2024
Lumber
-2.6%(p) in May 2024
Steel mill products
+0.5%(p) in May 2024
Diesel fuel
-24.5%(p) in May 2024
Prepared animal feeds
+0.1%(p) in May 2024
Crude petroleum
-8.7%(p) in May 2024
Grains
+8.4%(p) in May 2024
Carbon steel scrap
-2.6%(p) in May 2024
SERVICES:
Outpatient healthcare
+0.3%(p) in May 2024
Inpatient healthcare services
+0.3%(p) in May 2024
Food and alcohol retailing
+2.5%(p) in May 2024
Apparel and jewelry retailing
+1.0%(p) in May 2024
Airline passenger services
-4.3%(p) in May 2024
Securities brokerage, dealing, investment, and related services
-0.3%(p) in May 2024
Business loans (partial)
-3.5%(p) in May 2024
Legal services
+0.3%(p) in May 2024
Truck transportation of freight
-0.6%(p) in May 2024
Machinery and equipment wholesaling
-2.6%(p) in May 2024
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand falls 0.2% in May; goods decrease 0.8%, services unchanged
06/13/2024
The Producer Price Index for final demand declined 0.2 percent in May. Prices for final demand
goods declined 0.8 percent, and the index for final demand services was unchanged. The index
for final demand advanced 2.2 percent for the 12 months ended in May.
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Charts
Next Release
June 2024 PPI data are scheduled to be released on July 12, 2024, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer prices up 2.2 percent from April 2023 to April 2024
The Producer Price Index for final demand moved up 2.2 percent from April 2023 to April 2024, the largest increase since rising 2.3 percent for the 12 months ended April 2023. read more »
Beyond the Numbers
How have the pandemic and online spending affected Black Friday shopping? Analyzing retail trade margins 2009–22
This Beyond the Numbers article will explore how Black Friday has changed over the years by using CPI and PPI commodity indexes to analyze prices. We’ll look at how the COVID-19 pandemic has impacted Black Friday, and how the continuing growth of online shopping has affected the holiday shopping season. read more »
Monthly Labor Review
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A new method in accounting for price changes over time in cloud computing services. read more »