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Producer prices up 2.7 percent from March 2024 to March 2025
April 22, 2025
The Producer Price Index for final demand increased 2.7 percent over the 12 months ended in March 2025. Final demand prices for goods rose 0.9 percent from March 2024 to March 2025. Within the goods category, prices for foods increased 3.7 percent, while energy prices decreased 6.7 percent. Final demand producer prices for services increased 3.6 percent over the year.
12-month percent change in Producer Price Indexes for final demand, selected categories, March, 2016–2025, not seasonally adjusted
12 month period
Total
Goods
Foods
Energy
Services
Trade
Transportation and warehousing
Total less foods, energy, and trade services
Goods less foods and energy
Services less trade, transportation, and warehousing
March 2015–March 2016
-0.1
-2.8
-2.5
-15.4
1.3
1.4
-1.9
0.9
0.3
1.8
March 2016–March 2017
2.2
4.1
0.6
15.3
1.3
0.9
0.6
1.8
2.4
1.5
March 2017–March 2018
2.9
3.3
1.9
8.6
2.8
1.8
4.9
2.9
2.3
3.0
March 2018–March 2019
2.0
1.2
0.0
-0.9
2.3
2.7
3.6
2.2
2.1
2.0
March 2019–March 2020
0.3
-1.7
0.7
-12.6
1.3
1.4
-1.8
1.0
0.4
1.5
March 2020–March 2021
4.1
7.0
5.1
23.7
2.9
2.6
1.6
3.1
3.6
3.2
March 2021–March 2022
11.7
15.8
16.1
37.4
9.4
18.9
21.8
7.1
10.0
3.8
March 2022–March 2023
2.7
1.9
4.5
-7.3
2.7
2.1
1.2
3.7
4.3
3.2
March 2023–March 2024
2.0
0.8
0.3
-0.8
2.7
0.1
-1.4
2.9
1.4
4.3
March 2024–March 2025
2.7
0.9
3.7
-6.7
3.6
3.1
1.8
3.4
2.4
4.0
Note: All data are subject to revision 4 months after originally published.
Final demand producer prices rose 2.0 percent over the year ended in March 2024 and 2.7 percent over the year ended in March 2023. Over the past decade, more than half of the March-to-March changes have ranged from 2.0 to 3.0 percent. The largest annual March change was an increase of 11.7 percent over the year ended March 2022. At the other end of the spectrum, producer prices were little changed (−0.1 percent) over the year ended March 2016.
These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — March 2025." 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 more charts of the latest Producer Price Indexes data.
United States Department of Labor
