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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.
PPI for final demand components, 1-month percent change, July 2022
Commodity
1-month percent change
Goods
-1.8%
Foods
1.0%
Fresh fruits and melons(1)
2.0%
Fresh and dry vegetables(1)
12.7%
Meats
3.8%
Processed poultry
-1.8%
Dairy products
-0.4%
Soft drinks(1)
0.3%
Energy
-9.0%
Residential electric power
0.4%
Residential natural gas
-2.3%
Gasoline
-16.7%
Jet fuel(1)
-3.8%
Home heating oil and distillates
-11.6%
No. 2 diesel fuel
-16.6%
Goods less foods and energy
0.2%
Industrial chemicals
1.9%
Pharmaceutical preparations
0.5%
Passenger cars
0.2%
Trucks, 14,000 lbs. and under
0.7%
Aircraft and aircraft equipment
0.2%
Cigarettes, including nontobacco(1)
1.0%
Services
0.1%
Trade services
0.3%
Machinery and equipment and parts and supplies wholesaling(1)
-0.4%
Food and alcohol retailing
-1.2%
Health and beauty retailing, including optical goods(1)
0.3%
Apparel, jewelry, footwear, and accessories retailing
-1.3%
Automobiles and automobile parts retailing(1)
1.4%
Fuels and lubricants retailing(1)
11.8%
Transportation and warehousing services
0.4%
Rail transportation of freight and mail(1)
1.2%
Truck transportation of freight(1)
-0.3%
Water transportation of freight(1)
1.7%
Air transportation of freight(1)
-0.7%
Courier, messenger, and U.S. postal service
2.2%
Airline passenger services
1.1%
Less trade, transportation, and warehousing
-0.1%
Loan services (partial)
4.6%
Securities brokerage, dealing, investment advice, and related services(1)
0.2%
Portfolio management(1)
-7.9%
Outpatient care (partial)
0.3%
Inpatient care
0.2%
Traveler accommodation services
-0.4%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Processed goods
-2.3%(p) in Jul 2022
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Stage 4 intermediate demand
-0.6%(p) in Jul 2022
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Stage 3 intermediate demand
-1.2%(p) in Jul 2022
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Motor vehicles
+0.5%(p) in Jul 2022
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Pharmaceutical preparations
+0.5%(p) in Jul 2022
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Gasoline
-16.7%(p) in Jul 2022
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Industrial chemicals
+1.6%(p) in Jul 2022
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Steel mill products
-3.7%(p) in Jul 2022
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Diesel fuel
-16.6%(p) in Jul 2022
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Prepared animal feeds
+0.2%(p) in Jul 2022
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Outpatient healthcare
+0.3%(p) in Jul 2022
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Inpatient healthcare services
+0.2%(p) in Jul 2022
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Food and alcohol retailing
-1.2%(p) in Jul 2022
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Apparel and jewelry retailing
-1.3%(p) in Jul 2022
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Airline passenger services
+1.1%(p) in Jul 2022
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Securities brokerage, dealing, investment, and related services
+0.2%(p) in Jul 2022
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Business loans (partial)
+6.6%(p) in Jul 2022
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Legal services
+0.4%(p) in Jul 2022
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08/11/2022
The Producer Price Index for final demand fell 0.5 percent in July. Prices for final demand goods
declined 1.8 percent, and the index for final demand services advanced 0.1 percent. Final
demand prices moved up 9.8 percent for the 12 months ended in July.
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