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Producer prices for final demand rose 1.3 percent for the 12 months ended in February 2020

March 17, 2020

Producer prices for final demand rose 1.3 percent for the 12 months ended in February 2020. Prices for final demand foods increased 1.1 percent, while prices for final demand energy rose 0.2 percent over the year. Prices for final demand goods less foods and energy rose by 0.5 percent.

Percent change in producer prices for final demand, February 2019 to February 2020
Grouping Percent change

Final demand, total

1.3

Foods

1.1

Energy

0.2

Goods less food and energy

0.5

Trade services

1.3

Transportation and warehousing services

0.9

Services less trade, transportation, and warehousing

1.8

Construction

3.8

Producer prices for final demand trade services prices rose 1.3 percent over the year. Prices for final demand transportation and warehousing services increased 0.9 percent. Producer prices for final demand construction rose 3.8 percent over the year.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — February 2020." 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 prices for final demand rose 1.3 percent for the 12 months ended in February 2020 on the Internet at http://www.bls.gov/opub/ted/2020/producer-prices-for-final-demand-up-1-point-3-percent-for-the-12-months-ended-february-2020.htm (visited August 14, 2020).

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