errata

In both charts, we corrected the horizontal axis labels for November 2014 and December 2014. They previously showed the year as 2015.

Producer Price Index for final demand decreased from February 2014 to February 2015

March 17, 2015

From February 2014 to February 2015, the Producer Price Index for final demand decreased 0.6 percent. Prices for final demand less foods, energy, and trade services rose 0.7 percent over that same 12-month period.

12-month percent change in Producer Price Index for final demand, not seasonally adjusted, February 2014–February 2015
Month Percent change

Feb 2014

1.2

Mar 2014

1.6

Apr 2014

1.8

May 2014

2.1

Jun 2014

1.8

Jul 2014

1.9

Aug 2014

1.9

Sep 2014

1.6

Oct 2014

1.5

Nov 2014(p)

1.4

Dec 2014(p)

1.1

Jan 2015(p)

0.0

Feb 2015(p)

-0.6
Footnotes:

( p ) = preliminary.

For the 12 months ended in February, prices for processed goods for intermediate demand decreased 6.4 percent. That was the largest 12-month decline since a 7.7-percent drop in October 2009. The index for unprocessed goods for intermediate demand decreased 25.0 percent over the year, the largest 12-month drop since a 31.7-percent decline in September 2009.

12-month percent change in Producer Price Indexes for intermediate demand, processed and unprocessed goods, not seasonally adjusted, February 2014–February 2015
Month Processed goods Unprocessed goods

Feb 2014

-0.2 5.1

Mar 2014

0.7 5.3

Apr 2014

1.5 6.5

May 2014

1.4 4.2

Jun 2014

1.5 3.7

Jul 2014

1.6 0.9

Aug 2014

1.4 -0.5

Sep 2014

1.1 -0.2

Oct 2014

0.2 -2.1

Nov 2014(p)

-0.3 -1.6

Dec 2014(p)

-2.2 -8.1

Jan 2015(p)

-5.5 -18.4

Feb 2015(p)

-6.4 -25.0
Footnotes:

( p ) = preliminary.

These data are from the Producer Price Indexes program. To learn more, see “Producer Price Indexes — February 2015” (HTML) (PDF). All producer price indexes are subject to revision once, 4 months after original publication, reflecting late reports and corrections by respondents. Producer price indexes measure prices U.S. producers receive for goods, services, and construction.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index for final demand decreased from February 2014 to February 2015 on the Internet at https://www.bls.gov/opub/ted/2015/producer-price-index-down-february-2014-to-february-2015.htm (visited July 25, 2017).

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