Producer Price Index for final demand increased 2.2 percent for the year ended April 2019

May 15, 2019

The Producer Price Index for final demand increased 2.2 percent from April 2018 to April 2019. Within final demand foods, producer prices for fresh and dry vegetables increased 27.0 percent and prices for eggs for fresh use decreased 46.8 percent. Prices for final demand less foods, energy, and trade services increased 2.2 percent.

Percent change for selected producer price commodity groupings, April 2018 to April 2019
Grouping Percent change

Fresh and dry vegetables

27.0%

Arrangement of cruises and tours

15.3

Book retailing

11.4

Major household appliances retailing

11.0

Mining machinery and equipment

7.5

New industrial building construction

6.9

Truck trailers

6.8

Cigarettes

6.8

Parts and supplies for machinery and equipment wholesaling

6.7

Cleaning and polishing products

6.4

Beef and veal

6.3

New school building construction

6.2

Lawn, garden, and farm equipment and supplies retailing

6.0

Construction machinery and equipment

5.7

Chemicals and allied products wholesaling

5.6

Securities brokerage, dealing, investment advice, and related services

5.6

Soft drinks

5.5

Final demand

2.2

Finfish and shellfish

-3.3

Pork

-4.2

Furnishings wholesaling

-4.2

Automobiles and automobile parts retailing

-4.2

Industrial chemicals

-5.2

Fresh fruits and melons

-6.5

Grains

-6.6

Shortening and cooking oils

-7.4

TV, video, and photographic equipment and supplies retailing

-10.2

Oilseeds

-15.3

Iron and steel scrap

-15.7

Liquefied petroleum gas

-31.7

Eggs for fresh use

-46.8

For the year ended April 2019, producer prices for arrangement of cruises and tours increased 15.3 percent. Within trade services, producer prices for both book and major households appliances retailing increased 11 percent.

Other commodity groupings for which producer prices decreased at least 10 percent from April 2018 to April 2019 included liquefied petroleum gas (−31.7 percent), iron and steel scrap (−15.7 percent), oilseeds (−15.3 percent), and TV, video, and photographic equipment and supplies retailing (−10.2 percent).

These data are from the Producer Price Indexes program. To learn more, see "Producer Price Indexes — April 2019." All producer price indexes are subject to revision once, 4 months after original publication; these revisions reflect late reports and corrections by respondents. Producer price indexes measure prices U.S. producers receive for goods, services, and construction. 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 2.2 percent for the year ended April 2019 on the Internet at https://www.bls.gov/opub/ted/2019/producer-price-index-for-final-demand-increased-2-point-2-percent-for-the-year-ended-april-2019.htm (visited May 21, 2019).

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