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Producer Price Index for final demand increased 2.8 percent in year ending August 2018

September 17, 2018

The Producer Price Index for final demand rose 2.8 percent from August 2017 to August 2018. For the year ending in August 2017, final demand prices rose 2.4 percent.

12-month percent change in selected Producer Price Indexes for final demand, not seasonally adjusted, August 2014–August 2018
Month Total Total less foods, energy,
and trade services
Goods Services

Aug 2014

1.9% 1.8% 1.7% 2.0%

Sep 2014

1.6 1.7 1.5 1.6

Oct 2014

1.5 1.5 1.0 1.9

Nov 2014

1.3 1.5 0.4 1.8

Dec 2014

0.9 1.3 -1.2 2.1

Jan 2015

0.0 1.0 -3.6 2.0

Feb 2015

-0.5 0.8 -4.1 1.2

Mar 2015

-0.9 0.7 -4.5 0.9

Apr 2015

-1.1 0.8 -5.5 1.2

May 2015

-0.8 0.7 -4.0 0.8

Jun 2015

-0.5 0.8 -3.7 1.1

Jul 2015

-0.7 0.9 -3.8 0.8

Aug 2015

-1.0 0.6 -4.3 0.7

Sep 2015

-1.1 0.5 -5.1 0.9

Oct 2015

-1.4 0.4 -4.8 0.3

Nov 2015

-1.3 0.2 -4.4 0.4

Dec 2015

-1.1 0.3 -3.8 0.2

Jan 2016

0.0 0.8 -2.4 1.2

Feb 2016

0.1 0.9 -2.8 1.6

Mar 2016

-0.1 0.9 -2.8 1.3

Apr 2016

0.2 1.0 -2.0 1.2

May 2016

0.0 1.0 -2.5 1.4

Jun 2016

0.2 1.0 -2.2 1.5

Jul 2016

0.0 1.0 -2.2 1.1

Aug 2016

0.0 1.2 -1.9 1.0

Sep 2016

0.6 1.3 -0.4 1.4

Oct 2016

1.1 1.5 0.4 1.6

Nov 2016

1.3 1.8 0.5 1.7

Dec 2016

1.7 1.8 1.9 1.6

Jan 2017

1.7 1.7 3.1 1.1

Feb 2017

2.0 1.8 4.0 1.0

Mar 2017

2.2 1.8 4.1 1.3

Apr 2017

2.5 2.0 4.1 1.7

May 2017

2.3 2.1 2.9 2.0

Jun 2017

1.9 2.1 2.2 1.7

Jul 2017

2.0 2.0 2.3 1.9

Aug 2017

2.4 1.9 3.1 2.2

Sep 2017

2.6 2.1 3.4 2.1

Oct 2017

2.8 2.4 3.2 2.4

Nov 2017

3.0 2.4 4.2 2.3

Dec 2017

2.5 2.3 3.5 2.1

Jan 2018

2.6 2.5 3.2 2.2

Feb 2018

2.8 2.7 3.1 2.7

Mar 2018

2.9 2.9 3.3 2.8

Apr 2018

2.7 2.6 3.0 2.5

May 2018

3.1 2.6 4.4 2.4

Jun 2018

3.4 2.7 4.3 2.8

Jul 2018

3.3 2.8 4.5 2.6

Aug 2018

2.8 2.9 3.9 2.2

Note: All data are subject to revision 4 months after originally published.

For the 12 months ended in August 2018, prices for final demand less foods, energy, and trade services rose 2.9 percent. Prices for goods rose 3.9 percent, while prices for services rose 2.2 percent.

These data are from the Producer Price Index program and are not seasonally adjusted. To learn more, see Producer Price Indexes — August 2018. 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. Also see Charts related to the latest “U.S. Producer Price Indexes” news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index for final demand increased 2.8 percent in year ending August 2018 at https://www.bls.gov/opub/ted/2018/producer-price-index-for-final-demand-increased-2-8-percent-in-year-ending-august-2018.htm (visited March 28, 2024).

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