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Final demand PPI up 3.3 percent for year ended July 2018
August 13, 2018
The Producer Price Index for final demand increased 3.3 percent, on an unadjusted basis, for the 12 months ended in July 2018. The index for final demand was unchanged from June to July.
Producer price indexes for final demand, by grouping, July 2018
Grouping
Percent change, June 2018–July 2018
Percent change, July 2017–July 2018
Relative importance, Dec 2017
Final demand
0.0%
3.3%
100.000%
Final demand goods
0.1
4.5
33.022
Final demand foods
-0.5
-1.2
5.723
Final demand energy
-0.1
17.0
5.577
Final demand goods less foods and energy
0.2
2.8
21.722
Final demand services
-0.1
2.6
65.333
Final demand trade services
-0.9
2.0
20.290
Final demand transportation and warehousing services
0.3
6.4
4.485
Final demand services less trade, transportation, and warehousing
0.3
2.4
40.558
Final demand construction
0.4
3.2
1.644
Construction for private capital investment
0.5
3.5
1.108
Construction for government
0.4
2.9
0.536
Over the July 2017–July 2018 period, prices for final demand goods rose 4.5 percent, while prices for final demand services increased 2.6 percent. Prices for final demand construction climbed 3.2 percent for the 12 months ended July 2018.
Within the final demand goods grouping, prices for foods decreased 1.2 percent over the year, but energy goods increased 17.0 percent.
United States Department of Labor
