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Producer Price Indexes
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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
- BLS to Discontinue Selected PPIs Read More »
- Recalculated Relative Importance Figures and Seasonal Adjustment Factors Read More »
- PPI Industry Net Output Ratios Updated with 2017 Input-Output Data Read More »
Charts
PPI for final demand components, 1-month percent change, November 2025
Commodity
1-month percent change
Goods
0.9%
Foods
0.0%
Fresh fruits and melons(1)
9.5%
Fresh and dry vegetables(1)
14.5%
Meats
-0.4%
Processed poultry
0.9%
Dairy products(1)
-0.9%
Soft drinks(1)
-0.5%
Energy
4.6%
Residential electric power
2.1%
Residential natural gas
0.8%
Gasoline
10.5%
Jet fuel(1)
4.5%
Home heating oil and distillates
12.6%
No. 2 diesel fuel
12.4%
Goods less foods and energy
0.2%
Industrial chemicals
-0.8%
Pharmaceutical preparations
0.1%
Passenger cars
0.0%
Trucks, 14,000 lbs. and under
0.3%
Aircraft and aircraft equipment
0.2%
Cigarettes, including nontobacco(1)
0.9%
Services
0.0%
Trade services
-0.8%
Machinery and equipment and parts and supplies wholesaling(1)
2.4%
Food and alcohol retailing
-1.6%
Health and beauty retailing, including optical goods(1)
-4.3%
Apparel, jewelry, footwear, and accessories retailing
-2.2%
Automobiles and automobile parts retailing(1)
-5.2%
Fuels and lubricants retailing(1)
3.0%
Transportation and warehousing services
0.3%
Rail transportation of freight and mail(1)
0.1%
Truck transportation of freight(1)
0.5%
Water transportation of freight(1)
-3.2%
Air transportation of freight(1)
-0.3%
Courier, messenger, and U.S. postal service
1.3%
Airline passenger services
-0.2%
Less trade, transportation, and warehousing
0.3%
Loan services (partial)
-3.4%
Securities brokerage, dealing, investment advice, and related services(1)
-0.9%
Portfolio management(1)
1.4%
Outpatient care (partial)
0.3%
Inpatient care
0.2%
Traveler accommodation services
-2.6%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision up to 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
+0.9%(p) in Nov 2025
Foods
unchanged in Nov 2025
Energy
+4.6%(p) in Nov 2025
Core goods
+0.2%(p) in Nov 2025
FINAL DEMAND SERVICES:
Total
unchanged in Nov 2025
Transportation and warehousing
+0.3%(p) in Nov 2025
Trade
-0.8%(p) in Nov 2025
Other
+0.3%(p) in Nov 2025
FINAL DEMAND CONSTRUCTION:
Construction
unchanged in Nov 2025
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
+0.6%(p) in Nov 2025
Unprocessed goods
+0.4%(p) in Nov 2025
Services
+0.2%(p) in Nov 2025
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.4%(p) in Nov 2025
Stage 3 intermediate demand
unchanged in Nov 2025
Stage 2 intermediate demand
+0.1%(p) in Nov 2025
Stage 1 intermediate demand
+0.2%(p) in Nov 2025
GOODS:
Motor vehicles
+0.3%(p) in Nov 2025
Pharmaceutical preparations
+0.1%(p) in Nov 2025
Gasoline
+10.5%(p) in Nov 2025
Meats
-0.4%(p) in Nov 2025
Industrial chemicals
-0.8%(p) in Nov 2025
Lumber
unchanged in Nov 2025
Steel mill products
-3.2%(p) in Nov 2025
Diesel fuel
+12.4%(p) in Nov 2025
Prepared animal feeds
+0.3%(p) in Nov 2025
Crude petroleum
-1.1%(p) in Nov 2025
Grains
+6.4%(p) in Nov 2025
Carbon steel scrap
-0.3%(p) in Nov 2025
SERVICES:
Outpatient healthcare
+0.3%(p) in Nov 2025
Inpatient healthcare services
+0.2%(p) in Nov 2025
Food and alcohol retailing
-1.6%(p) in Nov 2025
Apparel and jewelry retailing
-2.2%(p) in Nov 2025
Airline passenger services
-0.2%(p) in Nov 2025
Securities brokerage, dealing, investment, and related services
-0.9%(p) in Nov 2025
Business loans (partial)
-1.1%(p) in Nov 2025
Legal services
+0.4%(p) in Nov 2025
Truck transportation of freight
+0.5%(p) in Nov 2025
Machinery and equipment wholesaling
+2.4%(p) in Nov 2025
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand advances 0.2% in November; goods rise 0.9%, services unchanged
01/14/2026
The Producer Price Index for final demand increased 0.2 percent in November. Prices for final
demand goods advanced 0.9 percent, and the index for final demand services was unchanged. On
an unadjusted basis, prices for final demand rose 3.0 percent for the 12 months ended in
November.
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Charts
Next Release
December 2025 PPI data are scheduled to be released on Janaury 30, 2026, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Final demand producer prices up 2.6 percent over the year ended August 2025
Final demand producer prices rose 2.6 percent from August 2024 to August 2025. The index for final demand less foods, energy, and trade services moved up 2.8 percent, the largest 12-month advance since climbing 3.5 percent in March 2025. read more »
Beyond the Numbers
The impact of COVID on the price of steel in three phases
This Beyond the Numbers article will examine the price movement of steel in three phases: March 2020–August 2020, when the pandemic shock set in and steel prices fell; September 2020–December 2021, when the economy began to rebuild and steel prices surged; and January 2022–May 2023, when economic activity expanded but steel prices generally moved lower. read more »
Spotlight on Statistics
A Look at a Thrilling Industry: Amusement and Theme Parks
This Spotlight on Statistics reviews historical establishment, employment, and wage trends for the amusement and theme parks industry. Additionally, productivity, consumer expenditures for entertainment fees and admissions, and producer prices for select amusement and theme parks products are reviewed. 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 »