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Producer prices for lumber up 89.7 percent for the year ended April 2021
May 20, 2021
The Producer Price Index for final demand increased 6.2 percent from April 2020 to April 2021. Producer prices for lumber rose 89.7 percent for the year ended April 2021, the largest 12-month advance since the data were first collected in January 1927.
Producer Price Index for selected commodities, January 2018–April 2021
Month
Processed goods for intermediate demand: index
Processed goods for intermediate demand: 12-month percent change
Lumber and wood products: index
Lumber and wood products: 12-month percent change
Lumber: index
Lumber: 12-month percent change
Softwood lumber: index
Softwood lumber: 12-month percent change
Hardwood lumber: index
Hardwood lumber: 12-month percent change
Jan 2018
100.0
4.7%
100.0
6.2%
100.0
10.9%
100.0
14.5%
100.0
5.4%
Feb 2018
100.8
4.8
102.1
7.2
105.2
12.8
106.9
17.0
102.0
5.9
Mar 2018
101.0
4.8
103.1
7.5
106.7
13.5
109.0
17.5
102.3
6.5
Apr 2018
101.6
4.8
103.2
6.6
105.8
10.4
107.3
11.3
103.1
8.5
May 2018
103.2
6.2
105.2
8.5
110.7
14.2
113.9
16.6
104.9
9.6
Jun 2018
104.1
6.6
106.6
10.0
113.0
17.8
117.3
23.4
105.0
7.7
Jul 2018
104.2
6.7
105.7
9.0
110.1
14.3
113.9
19.2
103.0
5.7
Aug 2018
104.3
6.4
103.8
6.3
102.8
4.3
103.3
5.1
102.0
2.9
Sep 2018
104.6
6.0
102.9
5.4
101.2
3.3
101.9
4.5
99.9
1.1
Oct 2018
104.7
6.1
101.1
2.3
95.1
-4.2
91.9
-8.2
100.9
3.0
Nov 2018
103.5
4.5
99.7
0.8
92.9
-6.9
89.1
-10.9
99.7
0.5
Dec 2018
102.0
2.8
99.8
0.5
93.7
-5.5
90.1
-9.2
100.5
1.0
Jan 2019
101.2
1.2
99.8
-0.2
93.2
-6.8
89.6
-10.4
100.0
0.0
Feb 2019
101.4
0.6
100.6
-1.5
95.8
-8.9
94.0
-12.0
99.1
-2.9
Mar 2019
102.1
1.2
100.4
-2.6
94.8
-11.2
92.8
-14.9
98.4
-3.7
Apr 2019
102.5
0.9
100.7
-2.4
94.4
-10.8
91.9
-14.4
99.0
-4.0
May 2019
102.5
-0.7
100.3
-4.6
93.6
-15.4
91.8
-19.4
96.9
-7.6
Jun 2019
101.7
-2.3
99.4
-6.8
91.3
-19.2
88.7
-24.4
96.1
-8.5
Jul 2019
101.8
-2.3
99.7
-5.7
93.2
-15.4
91.9
-19.3
95.5
-7.3
Aug 2019
101.2
-3.0
99.2
-4.3
92.7
-9.8
92.4
-10.6
93.3
-8.5
Sep 2019
100.9
-3.5
99.4
-3.4
93.6
-7.5
94.2
-7.6
92.5
-7.4
Oct 2019
100.7
-3.8
99.2
-1.9
92.6
-2.6
93.1
1.2
91.7
-9.1
Nov 2019
100.5
-2.9
99.1
-0.6
92.5
-0.4
93.5
4.9
90.7
-9.1
Dec 2019
100.3
-1.7
99.2
-0.5
93.2
-0.6
94.6
5.0
90.7
-9.8
Jan 2020
100.2
-1.0
99.3
-0.5
93.0
-0.2
94.9
5.9
89.8
-10.2
Feb 2020
99.4
-2.0
100.3
-0.3
95.5
-0.3
98.5
4.8
90.1
-9.1
Mar 2020
98.1
-4.0
101.8
1.3
98.6
4.0
103.1
11.2
90.2
-8.4
Apr 2020
94.7
-7.6
99.7
-1.0
90.8
-3.8
91.0
-0.9
90.3
-8.7
May 2020
95.1
-7.2
100.2
-0.2
93.7
0.1
95.4
4.0
90.6
-6.5
Jun 2020
96.6
-5.0
102.5
3.1
99.9
9.5
105.4
18.9
89.9
-6.5
Jul 2020
98.1
-3.7
105.6
5.9
107.0
14.9
116.3
26.4
90.0
-5.7
Aug 2020
98.9
-2.3
111.7
12.5
119.9
29.3
135.9
47.1
90.7
-2.8
Sep 2020
99.3
-1.6
120.4
21.1
142.9
52.7
171.1
81.6
91.2
-1.4
Oct 2020
99.8
-0.9
117.7
18.7
133.7
44.4
156.4
68.1
92.0
0.3
Nov 2020
100.4
-0.2
112.3
13.3
117.3
26.8
128.4
37.3
96.9
6.9
Dec 2020
101.8
1.5
115.8
16.6
129.4
38.8
145.9
54.3
99.1
9.2
Jan 2021
103.3
3.1
122.0
22.8
142.4
53.1
164.1
73.0
102.7
14.5
Feb 2021
105.9
6.6
125.5
25.1
151.8
58.9
177.1
79.7
105.3
16.9
Mar 2021
110.4
12.5
131.1
28.8
162.9
65.3
189.1
83.4
114.8
27.3
Apr 2021
112.1
18.4
136.0
36.5
172.2
89.7
201.3
121.1
118.9
31.6
Note: January 2018 = 100
Within lumber, producer prices for softwood lumber increased 121.1 percent, while producer prices for hardwood lumber rose 31.6 percent from April 2020 to April 2021. Producer prices for processed goods for intermediate demand increased 18.4 percent, the largest 12-month advance since February 1980.
United States Department of Labor
