Table A-3. Changes in the Producer Price Index for unprocessed goods for intermediate demand, as measured by Laspeyres, Paasche, Fisher, and Tornqvist formulas, 2002–16
Index Price change from: Price change to:
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Laspeyres

2002 100.00 125.92 146.73 168.31 168.04 185.99 226.44 156.28 188.62 220.45 212.09 218.79 223.59 168.86 154.47
2003 100.00 116.32 133.54 133.43 147.93 180.10 124.89 150.33 175.86 169.68 174.90 178.14 134.52 123.42
2004 100.00 115.02 114.49 126.89 153.92 107.71 128.38 150.34 145.51 150.26 153.05 116.86 107.07
2005 100.00 99.50 110.84 134.62 95.07 112.94 132.69 128.78 132.62 134.64 103.43 94.90
2006 100.00 111.39 135.07 95.54 113.05 132.40 128.60 132.75 135.18 104.01 95.43
2007 100.00 122.06 85.63 103.32 121.53 117.66 120.52 122.13 92.73 85.08
2008 100.00 69.89 84.23 98.83 95.56 98.19 99.71 75.62 69.31
2009 100.00 121.92 144.12 138.89 141.99 143.17 107.69 98.49
2010 100.00 118.18 114.42 117.38 118.39 89.17 81.39
2011 100.00 96.35 99.55 101.31 75.74 69.16
2012 100.00 103.90 106.12 77.39 70.60
2013 100.00 101.94 73.54 67.01
2014 100.00 71.31 64.95
2015 100.00 91.24
2016 100.00

Paasche

2002 100.00 125.17 143.85 163.17 161.66 184.48 224.30 157.63 188.91 220.22 207.59 219.34 224.81 160.36 146.45
2003 100.00 115.16 131.09 129.57 149.12 180.94 126.94 151.44 174.92 159.75 168.75 172.66 122.76 111.97
2004 100.00 113.81 112.52 127.61 155.17 107.96 130.10 150.17 136.20 143.35 146.74 103.25 94.26
2005 100.00 98.77 112.54 135.75 95.46 114.02 129.89 116.14 121.73 124.03 87.49 80.31
2006 100.00 111.16 134.70 93.95 113.26 130.09 118.21 123.42 125.33 88.14 80.89
2007 100.00 121.41 84.16 101.81 117.85 107.67 112.48 114.08 80.23 73.33
2008 100.00 68.82 83.06 96.45 87.53 91.08 91.69 64.34 58.83
2009 100.00 120.30 140.82 133.23 139.27 141.34 100.02 91.52
2010 100.00 116.95 109.62 114.10 115.73 80.99 74.18
2011 100.00 94.58 98.35 99.11 69.45 63.42
2012 100.00 103.90 104.61 73.61 67.15
2013 100.00 100.89 71.03 64.92
2014 100.00 70.31 64.32
2015 100.00 90.80
2016 100.00

Fisher

2002 100.00 125.54 145.28 165.72 164.82 185.23 225.37 156.95 188.76 220.33 209.83 219.07 224.20 164.56 150.41
2003 100.00 115.74 132.31 131.49 148.53 180.52 125.91 150.89 175.39 164.64 171.80 175.38 128.51 117.55
2004 100.00 114.41 113.50 127.25 154.55 107.83 129.24 150.25 140.78 146.76 149.86 109.85 100.46
2005 100.00 99.14 111.68 135.18 95.26 113.48 131.28 122.30 127.06 129.23 95.13 87.30
2006 100.00 111.27 134.89 94.74 113.15 131.24 123.30 128.00 130.16 95.75 87.86
2007 100.00 121.73 84.89 102.56 119.67 112.55 116.43 118.04 86.26 78.99
2008 100.00 69.35 83.64 97.64 91.46 94.57 95.62 69.76 63.85
2009 100.00 121.11 142.46 136.03 140.62 142.25 103.78 94.94
2010 100.00 117.56 111.99 115.73 117.05 84.98 77.70
2011 100.00 95.46 98.95 100.20 72.53 66.23
2012 100.00 103.90 105.36 75.48 68.85
2013 100.00 101.42 72.27 65.96
2014 100.00 70.81 64.63
2015 100.00 91.02
2016 100.00

Tornqvist

2002 100.00 125.59 145.23 166.05 164.96 185.63 225.67 157.29 189.46 221.28 211.31 220.85 225.63 164.96 150.77
2003 100.00 115.70 132.46 131.59 148.94 180.99 125.90 151.22 175.68 165.52 173.25 176.84 128.54 117.55
2004 100.00 114.45 113.53 127.41 154.75 107.68 129.24 150.15 141.09 147.50 150.62 109.43 99.98
2005 100.00 99.14 111.68 135.24 94.81 113.13 130.50 122.11 127.09 129.43 94.57 86.77
2006 100.00 111.27 134.87 94.55 112.93 130.62 122.98 127.83 130.06 95.27 87.38
2007 100.00 121.72 84.89 102.53 119.66 113.14 116.90 118.39 86.39 78.98
2008 100.00 69.27 83.55 97.46 91.60 94.69 95.68 69.68 63.63
2009 100.00 121.04 142.39 136.42 140.87 142.25 104.02 95.13
2010 100.00 117.54 112.19 115.84 117.08 85.07 77.72
2011 100.00 95.52 98.98 100.18 72.47 66.07
2012 100.00 103.89 105.36 75.50 68.80
2013 100.00 101.44 72.23 65.83
2014 100.00 70.77 64.55
2015 100.00 91.05
2016 100.00

Source: Author’s calculations based on Producer Price Index data from the U.S. Bureau of Labor Statistics.