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PPI up 1.4 percent from November 2013 to November 2014

December 16, 2014

The Producer Price Index for final demand advanced 1.4 percent for the 12 months ended in November 2014. That was the smallest 12-month increase since a 1.2-percent rise from February 2013 to February 2014.

12-month percent change in selected final demand price indexes, not seasonally adjusted, November 2013–November 2014
Month Final demand Final demand goods Final demand services Final demand construction

Nov 2013

1.1 0.4 1.5 3.1

Dec 2013

1.2 0.8 1.3 3.2

Jan 2014

1.3 1.1 1.3 3.2

Feb 2014

1.2 0.6 1.6 3.3

Mar 2014

1.6 1.2 1.8 3.4

Apr 2014

1.8 2.5 1.6 3.3

May 2014

2.1 2.0 2.2 3.2

Jun 2014

1.8 2.2 1.7 3.3

Jul 2014

1.9 2.0 2.0 3.2

Aug 2014

1.8 1.7 1.9 3.2

Sep 2014

1.6 1.5 1.6 3.0

Oct 2014

1.5 1.1 1.8 2.2

Nov 2014

1.4 0.4 1.9 2.2

The index for final demand for goods rose 0.4 percent over the past 12 months. Gasoline prices fell 14.2 percent over that period. 

The index for final demand for services rose 1.9 percent over the past 12 months. The index for trade services rose 2.5 percent. 

The index for final demand for construction rose 2.2 percent over the past 12 months. 

These data are from the BLS Producer Price Indexes program. To learn more, see “Producer Price Indexes—November 2014” (HTML) (PDF). These estimates are not seasonally adjusted. All producer price indexes are subject to revision once, 4 months after original publication, to reflect late reports and corrections by respondents. The Producer Price Index measures the change in prices that sellers receive for goods, services, and construction sold to final demand. The trade services index measures the difference between the selling price wholesalers and retailers received for an item and the price they paid for the item.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, PPI up 1.4 percent from November 2013 to November 2014 at https://www.bls.gov/opub/ted/2014/ted_20141216.htm (visited September 23, 2021).

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