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PPI for final demand up 1.5 percent, October 2013–October 2014
November 19, 2014
The Producer Price Index for final demand increased 1.5 percent for the 12 months ended in October 2014 (not seasonally adjusted). This was the smallest 12-month increase since a 1.2-percent rise in February 2014. The index for final demand services moved up 1.8 percent over the year (October 2013 to October 2014), and the index for final demand goods moved up 1.1 percent.
(p): Preliminary. All indexes are subject to revision four months after original publication.
The 12-month change in the final demand services index has ranged from 1.6 percent to 1.9 percent over the past five months.
The 12-month change in the index for final demand goods decreased 0.4 percentage point from September 2014 (1.5 percent) to October 2014 (1.1 percent), the fourth consecutive decrease. The October decline in the final demand goods index was led by decreasing final demand energy prices.
These data are from the BLS Producer Price Indexes program. To learn more, see "Producer Price Indexes — October 2014" (HTML) (PDF), news release USDL‑14‑2104. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, PPI for final demand up 1.5 percent, October 2013–October 2014 at https://www.bls.gov/opub/ted/2014/ted_20141119.htm (visited April 19, 2024).
United States Department of Labor
