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Producer prices up 9.8 percent from July 2021 to July 2022

August 17, 2022

The Producer Price Index for final demand increased 9.8 percent from July 2021 to July 2022. Prices for final demand less foods, energy, and trade services increased 5.8 percent.

12-month percent change in final demand Producer Price Indexes
Month Total Total less foods, energy, and trade services Goods Foods Energy Goods less foods and energy Services Trade Transportation and warehousing Services less trade, transportation, and warehousing

Jan 2011

2.4% Not available 4.6% 6.1% 10.4% 2.7% 1.2% 0.6% 4.7% 1.1%

Feb 2011

3.3 Not available 6.6 9.9 16.7 3.1 1.4 1.1 5.6 1.2

Mar 2011

4.0 Not available 6.7 6.6 20.1 3.0 2.3 2.5 6.8 1.7

Apr 2011

4.2 Not available 7.6 8.1 23.1 3.2 2.2 2.2 6.9 1.7

May 2011

4.2 Not available 8.0 6.8 25.6 3.4 2.0 2.1 7.5 1.3

Jun 2011

4.3 Not available 8.2 10.6 22.1 3.7 2.3 2.5 6.5 1.6

Jul 2011

4.5 Not available 8.3 10.1 21.7 4.1 2.3 2.5 6.0 1.6

Aug 2011

4.4 Not available 7.6 11.2 17.2 3.9 2.7 3.8 7.1 1.7

Sep 2011

4.5 Not available 7.9 10.6 19.5 3.9 2.6 3.1 7.7 1.7

Oct 2011

3.7 Not available 6.4 8.3 14.0 3.7 2.2 2.3 7.1 1.5

Nov 2011

3.7 Not available 5.8 7.7 13.1 3.4 2.4 2.8 6.6 1.7

Dec 2011

3.2 Not available 4.7 5.7 9.2 3.1 2.3 2.3 6.7 1.8

Jan 2012

3.1 Not available 4.0 5.1 7.3 2.9 2.4 3.1 5.8 1.7

Feb 2012

2.8 Not available 3.3 1.2 7.2 2.6 2.4 3.4 5.6 1.7

Mar 2012

2.4 Not available 2.8 2.6 3.7 2.6 2.0 2.5 4.6 1.5

Apr 2012

2.0 Not available 1.6 1.9 -0.2 2.2 2.1 2.7 4.4 1.6

May 2012

1.6 Not available 0.5 2.7 -5.7 2.0 2.2 3.0 3.5 1.6

Jun 2012

1.3 Not available 0.1 2.2 -5.8 1.5 1.9 2.8 3.7 1.4

Jul 2012

1.0 Not available -0.1 3.0 -6.6 1.3 1.6 2.6 3.2 1.1

Aug 2012

1.2 Not available 1.4 3.1 0.5 1.3 1.0 0.4 3.1 1.1

Sep 2012

1.5 Not available 1.7 2.9 2.6 1.1 1.3 0.9 2.9 1.4

Oct 2012

1.9 Not available 2.1 3.8 3.6 1.1 1.8 2.6 3.3 1.3

Nov 2012

1.7 Not available 1.1 3.6 -1.8 1.3 2.0 3.4 2.9 1.2

Dec 2012

1.9 Not available 1.4 4.1 -1.3 1.4 2.2 3.8 2.7 1.4

Jan 2013

1.6 Not available 1.3 4.1 -1.1 1.2 1.8 2.8 2.3 1.3

Feb 2013

1.6 Not available 1.5 3.3 1.1 1.3 1.6 1.5 1.6 1.5

Mar 2013

1.3 Not available 0.7 3.7 -2.9 1.1 1.6 1.4 1.3 1.8

Apr 2013

0.9 Not available 0.1 2.2 -4.4 1.0 1.4 1.6 0.0 1.5

May 2013

0.9 Not available 1.1 3.5 -0.7 0.9 0.9 -0.6 -0.3 1.7

Jun 2013

1.7 Not available 1.9 3.2 3.1 1.2 1.4 0.7 0.7 1.9

Jul 2013

2.0 Not available 1.8 2.2 3.6 1.1 2.0 2.1 1.6 2.0

Aug 2013

1.7 Not available 0.7 0.5 0.0 0.9 2.2 2.8 1.4 2.0

Sep 2013

1.1 Not available -0.2 -0.3 -3.6 0.9 1.8 2.2 0.8 1.8

Oct 2013

1.3 Not available -0.2 -0.2 -3.9 1.0 2.0 2.0 0.6 2.1

Nov 2013

1.1 Not available 0.4 -0.9 -1.1 1.0 1.5 0.8 0.3 2.1

Dec 2013

1.2 Not available 0.8 -0.8 0.9 1.3 1.3 -0.4 2.0 2.0

Jan 2014

1.3 Not available 1.1 -0.7 1.1 1.6 1.3 0.2 1.0 2.0

Feb 2014

1.2 Not available 0.6 0.7 -2.0 1.4 1.6 1.2 0.7 1.9

Mar 2014

1.6 Not available 1.2 1.2 1.3 1.2 1.8 1.5 1.2 2.0

Apr 2014

1.8 Not available 2.5 5.1 3.8 1.4 1.6 0.7 2.7 1.8

May 2014

2.1 Not available 2.0 3.6 2.5 1.4 2.2 3.0 3.2 1.7

Jun 2014

1.8 Not available 2.2 3.8 3.1 1.5 1.7 1.4 2.9 1.6

Jul 2014

1.9 Not available 2.0 3.6 2.4 1.6 2.0 2.3 2.6 1.6

Aug 2014

1.9 1.8 1.7 3.8 0.5 1.6 2.0 2.0 2.7 1.8

Sep 2014

1.6 1.7 1.5 3.9 -0.5 1.7 1.6 1.1 2.6 1.6

Oct 2014

1.5 1.5 1.0 4.3 -3.8 1.7 1.9 2.8 1.8 1.4

Nov 2014

1.3 1.5 0.4 4.4 -5.9 1.5 1.8 2.3 2.3 1.3

Dec 2014

0.9 1.3 -1.2 4.4 -13.2 1.1 2.1 4.0 0.8 1.4

Jan 2015

0.0 1.0 -3.6 2.6 -22.3 0.7 2.0 4.2 0.6 1.0

Feb 2015

-0.5 0.8 -4.1 0.6 -22.4 0.5 1.2 1.9 0.0 1.0

Mar 2015

-0.9 0.7 -4.5 -1.6 -22.0 0.6 0.9 1.4 -0.9 0.8

Apr 2015

-1.1 0.8 -5.5 -4.5 -24.0 0.4 1.2 1.8 -1.9 1.2

May 2015

-0.8 0.7 -4.0 -3.0 -19.0 0.5 0.8 0.8 -2.0 1.2

Jun 2015

-0.5 0.8 -3.7 -2.7 -18.2 0.7 1.1 1.7 -2.1 1.3

Jul 2015

-0.7 0.9 -3.8 -3.3 -17.9 0.5 0.8 0.8 -2.2 1.3

Aug 2015

-1.0 0.6 -4.3 -2.6 -19.9 0.4 0.7 1.0 -3.4 1.1

Sep 2015

-1.1 0.5 -5.1 -3.0 -23.6 0.2 0.9 2.0 -3.2 1.0

Oct 2015

-1.4 0.4 -4.8 -4.2 -21.4 -0.1 0.3 -0.2 -2.9 0.9

Nov 2015

-1.3 0.2 -4.4 -4.3 -19.2 -0.1 0.4 0.4 -2.7 0.7

Dec 2015

-1.1 0.3 -3.8 -5.2 -16.4 -0.1 0.2 0.0 -3.5 0.8

Jan 2016

0.0 0.8 -2.4 -3.5 -11.1 0.0 1.2 1.1 -2.3 1.7

Feb 2016

0.1 0.9 -2.8 -2.0 -15.4 0.2 1.6 2.3 -2.0 1.7

Mar 2016

-0.1 0.9 -2.8 -2.5 -15.4 0.3 1.3 1.4 -1.9 1.8

Apr 2016

0.2 1.0 -2.0 -2.1 -12.3 0.6 1.2 1.6 -1.9 1.6

May 2016

0.0 1.0 -2.5 -2.5 -13.9 0.6 1.4 1.9 -2.5 1.5

Jun 2016

0.2 1.0 -2.2 -2.4 -11.6 0.5 1.5 2.2 -2.5 1.6

Jul 2016

0.0 1.0 -2.2 -2.6 -11.4 0.5 1.1 0.6 -1.9 1.7

Aug 2016

0.0 1.2 -1.9 -4.1 -10.0 0.8 1.0 0.3 -1.4 1.7

Sep 2016

0.6 1.3 -0.4 -3.1 -2.9 0.9 1.4 0.8 -1.8 1.9

Oct 2016

1.1 1.5 0.4 -3.2 0.5 1.2 1.6 1.3 -0.9 2.1

Nov 2016

1.3 1.8 0.5 -3.5 0.2 1.5 1.7 1.4 -0.4 2.2

Dec 2016

1.7 1.8 1.9 -1.6 6.3 1.7 1.6 1.0 1.1 2.0

Jan 2017

1.7 1.7 3.1 -2.1 13.7 2.0 1.1 0.4 1.0 1.5

Feb 2017

2.0 1.8 4.0 -1.4 19.2 2.1 1.0 -0.4 1.7 1.6

Mar 2017

2.2 1.8 4.1 0.6 15.3 2.4 1.3 0.9 0.6 1.5

Apr 2017

2.5 2.0 4.1 2.2 14.1 2.4 1.7 1.1 1.7 1.9

May 2017

2.3 2.1 2.9 1.0 7.9 2.2 2.0 1.7 2.0 2.2

Jun 2017

1.9 2.1 2.2 1.1 3.8 2.1 1.7 0.6 2.2 2.2

Jul 2017

2.0 2.0 2.3 1.6 3.9 2.0 1.9 1.6 1.3 2.1

Aug 2017

2.4 1.9 3.1 2.3 8.3 2.1 2.2 2.8 1.7 1.9

Sep 2017

2.6 2.1 3.4 1.6 10.7 2.2 2.1 2.1 3.5 1.9

Oct 2017

2.8 2.4 3.2 2.6 7.9 2.3 2.4 2.6 3.5 2.2

Nov 2017

3.0 2.4 4.2 3.2 12.5 2.4 2.3 2.1 3.9 2.3

Dec 2017

2.5 2.3 3.5 2.0 10.1 2.2 2.1 1.8 2.3 2.3

Jan 2018

2.6 2.5 3.2 1.9 8.7 2.1 2.2 1.4 2.3 2.6

Feb 2018

2.8 2.7 3.1 0.6 9.0 2.2 2.7 2.6 3.1 2.7

Mar 2018

2.9 2.9 3.3 1.9 8.6 2.3 2.8 1.8 4.9 3.0

Apr 2018

2.7 2.6 3.0 -0.6 9.4 2.2 2.5 1.7 4.5 2.5

May 2018

3.1 2.7 4.3 0.6 15.9 2.5 2.4 1.4 5.0 2.6

Jun 2018

3.3 2.7 4.4 -1.1 17.5 2.6 2.7 2.4 5.6 2.5

Jul 2018

3.4 3.0 4.4 -1.3 17.0 2.8 2.7 2.0 6.2 2.7

Aug 2018

3.0 3.0 3.9 -1.1 13.9 2.8 2.5 1.2 5.8 2.7

Sep 2018

2.7 3.1 3.4 -1.2 10.0 2.8 2.5 0.9 6.1 2.8

Oct 2018

3.1 3.0 3.8 -0.6 12.6 2.7 2.6 1.6 6.6 2.7

Nov 2018

2.6 2.9 2.6 0.4 4.1 2.7 2.6 2.0 6.4 2.6

Dec 2018

2.6 2.8 1.6 2.8 -3.1 2.6 3.0 3.1 6.5 2.6

Jan 2019

1.9 2.6 0.6 1.3 -7.4 2.5 2.6 2.5 6.4 2.1

Feb 2019

1.9 2.4 0.7 1.6 -6.5 2.3 2.4 2.4 4.5 2.2

Mar 2019

2.0 2.2 1.2 0.0 -0.9 2.1 2.3 2.7 3.6 2.0

Apr 2019

2.4 2.4 1.7 1.2 1.2 1.9 2.7 3.3 3.9 2.3

May 2019

2.1 2.4 0.8 0.6 -2.2 1.6 2.7 2.7 3.9 2.5

Jun 2019

1.6 2.1 0.0 2.3 -6.8 1.3 2.3 2.2 3.1 2.3

Jul 2019

1.6 1.9 0.3 2.6 -5.3 1.2 2.3 2.7 2.9 2.1

Aug 2019

1.9 1.9 -0.1 2.3 -6.7 1.0 2.7 3.9 2.5 2.2

Sep 2019

1.5 1.7 -0.5 2.7 -8.4 0.9 2.3 3.2 1.1 2.0

Oct 2019

1.0 1.5 -0.6 3.2 -8.8 0.7 1.9 2.2 0.9 1.8

Nov 2019

1.0 1.4 0.2 3.4 -4.4 0.6 1.4 0.8 0.1 1.8

Dec 2019

1.4 1.5 1.0 1.2 2.4 0.6 1.4 0.8 2.2 1.8

Jan 2020

2.0 1.5 1.8 2.8 6.4 0.6 1.9 1.5 0.7 2.2

Feb 2020

1.1 1.4 0.6 1.1 0.1 0.6 1.4 0.7 1.0 1.7

Mar 2020

0.3 1.0 -1.7 0.7 -12.6 0.4 1.3 1.4 -1.8 1.5

Apr 2020

-1.5 -0.1 -5.2 0.3 -30.7 0.2 0.3 1.7 -5.7 0.3

May 2020

-1.1 -0.2 -3.6 6.5 -27.5 0.2 0.2 1.5 -4.9 0.1

Jun 2020

-0.7 0.1 -2.6 0.6 -17.2 0.3 0.3 1.2 -3.9 0.3

Jul 2020

-0.3 0.3 -2.2 -0.4 -14.2 0.5 0.7 1.9 -4.7 0.6

Aug 2020

-0.3 0.4 -1.6 -0.1 -12.3 0.8 0.3 1.1 -5.2 0.7

Sep 2020

0.3 0.8 -1.0 1.3 -11.7 1.1 0.9 1.7 -4.2 1.2

Oct 2020

0.6 0.9 -1.0 2.2 -12.6 1.0 1.3 2.5 -3.4 1.3

Nov 2020

0.8 1.0 -0.8 0.9 -11.0 1.3 1.6 3.1 -3.8 1.4

Dec 2020

0.8 1.3 0.0 -0.2 -6.8 1.7 1.3 1.9 -5.9 1.7

Jan 2021

1.6 1.9 1.3 1.2 -2.7 2.3 1.8 2.3 -4.1 2.3

Feb 2021

3.0 2.3 3.5 4.5 5.9 2.7 2.6 3.4 -2.9 2.8

Mar 2021

4.1 3.1 7.0 5.1 23.7 3.6 2.9 2.6 1.6 3.2

Apr 2021

6.5 4.8 10.9 7.3 48.9 4.8 4.5 3.8 9.0 4.5

May 2021

7.0 5.3 11.1 4.3 46.4 6.1 5.1 5.8 7.8 4.6

Jun 2021

7.6 5.6 11.9 10.9 36.0 7.0 5.5 6.8 8.0 4.8

Jul 2021

8.0 6.0 12.1 10.4 33.9 7.6 6.0 7.6 11.4 4.8

Aug 2021

8.7 6.2 12.7 13.0 33.0 8.0 6.8 10.0 13.2 4.7

Sep 2021

8.8 6.1 13.4 13.3 36.2 8.3 6.7 10.4 11.3 4.5

Oct 2021

8.9 6.2 14.3 10.6 43.0 8.9 6.2 9.4 10.9 4.3

Nov 2021

9.9 7.0 14.9 11.8 42.9 9.4 7.5 11.8 14.6 4.8

Dec 2021

10.0 7.0 13.4 13.1 31.6 9.3 8.4 14.2 17.0 4.8

Jan 2022

10.1 6.9 13.6 13.2 31.3 9.4 8.2 14.8 15.9 4.3

Feb 2022

10.4 6.7 14.4 14.0 33.0 9.7 8.4 16.4 16.8 3.8

Mar 2022

11.7 7.1 15.8 16.1 37.4 10.0 9.4 18.9 21.8 3.8

Apr 2022

11.2 6.7 16.4 16.2 40.0 10.2 8.3 16.7 20.7 3.1

May 2022

11.1 6.7 16.7 13.7 45.1 9.8 8.1 15.4 23.6 2.9

Jun 2022

11.3 6.4 17.8 12.5 53.8 9.2 7.9 15.2 22.9 2.7

Jul 2022

9.8 5.8 14.8 15.0 36.8 8.5 6.9 13.7 20.3 2.1

For the year ending in July 2022, producer prices for goods rose 14.8 percent while producer prices for services went up 6.9 percent. Producer prices for foods went up 15.0 percent, whiles producer prices for energy rose 36.8 percent. Producer prices for transportation and warehousing rose 20.3 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — July 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, Producer prices up 9.8 percent from July 2021 to July 2022 at https://www.bls.gov/opub/ted/2022/producer-prices-up-9-8-percent-from-july-2021-to-july-2022.htm (visited September 26, 2022).

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