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Producer Price Index for final demand rose 0.7 percent over the year ending September 2016
October 19, 2016
The Producer Price Index for final demand rose 0.7 percent between September 2015 and September 2016, the index's largest 12-month percentage increase since the year ending December 2014. The price index for final demand less foods, energy, and trade services, representing 69 percent of the final demand index, increased 1.5 percent over the year, the largest 12-month percentage increase since November 2014.
From September 2015 to September 2016, prices for final demand foods declined 3.5 percent. Prices for final demand energy decreased by 2.5 percent, the smallest over-the-year percentage decrease for final demand energy prices since the year ending September 2014. Prices for final demand trade services were unchanged over the preceding 12 months, following 8 months of over-the-year price increases.
These data are from theProducer Price Indexesprogram and are not seasonally adjusted. To learn more, see “Producer Price Indexes — September 2015” (HTML) (PDF). Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer prices are subject to revision once, 4 months after original publication, reflecting late reports and corrections by respondents. For more charts, see Charts related to the latest “U.S. Producer Price Indexes” news release.
United States Department of Labor
