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Final demand producer prices up 10.0 percent over year ended February 2022

March 23, 2022

Producer prices for final demand increased 10.0 percent during the 12 months ended in February 2022. Prices for final demand goods increased 14.4 percent over the year ended in February 2022. Final demand energy prices increased 33.8 percent, while final demand food prices were up 13.7 percent. Final demand prices for goods less foods and energy increased 9.6 percent.

12-month percent change in the Final Demand Producer Price Index by category, February 2022
Category 12-month percent change

Final demand, total

10.0%

Goods

14.4

Foods

13.7

Energy

33.8

Goods less foods and energy

9.6

Services

7.8

Trade services

14.4

Transportation and warehousing services

16.6

Over the year, prices for final demand services increased 7.8 percent in February. Within the final demand services category, prices for final demand transportation and warehousing services increased 16.6 percent, while final demand trade services were up 14.4 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — February 2022." Producer price indexes measure prices U.S. producers receive for goods, services, and construction. All producer price data are subject to revision in each month after initial publication before becoming final 4 months after initial 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, Final demand producer prices up 10.0 percent over year ended February 2022 at https://www.bls.gov/opub/ted/2022/final-demand-producer-prices-up-10-0-percent-over-year-ended-february-2022.htm (visited December 02, 2022).

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