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Producer Price Indexes
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Producer Price Index Home
The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
Notices
- PPI Industry Net Output Ratios to be Updated with 2017 Input-Output Data Read More »
- Registration for the BLS Boston 2024 Data Users Conference is now open Read More »
- Rebasing of Selected Producer Price Indexes Read More »
Charts
PPI for final demand components, 1-month percent change, March 2024
Commodity
1-month percent change
Goods
-0.1%
Foods
0.8%
Fresh fruits and melons(1)
-7.9%
Fresh and dry vegetables(1)
15.3%
Meats
0.8%
Processed poultry
10.7%
Dairy products(1)
0.9%
Soft drinks(1)
0.2%
Energy
-1.6%
Residential electric power
0.5%
Residential natural gas
-1.4%
Gasoline
-3.6%
Jet fuel(1)
-6.0%
Home heating oil and distillates
-6.6%
No. 2 diesel fuel
0.9%
Goods less foods and energy
0.1%
Industrial chemicals
0.0%
Pharmaceutical preparations
0.0%
Passenger cars
0.3%
Trucks, 14,000 lbs. and under
0.5%
Aircraft and aircraft equipment
0.1%
Cigarettes, including nontobacco(1)
0.0%
Services
0.3%
Trade services
0.3%
Machinery and equipment and parts and supplies wholesaling(1)
0.5%
Food and alcohol retailing
0.5%
Health and beauty retailing, including optical goods(1)
0.3%
Apparel, jewelry, footwear, and accessories retailing
0.2%
Automobiles and automobile parts retailing(1)
-1.1%
Fuels and lubricants retailing(1)
2.9%
Transportation and warehousing services
0.8%
Rail transportation of freight and mail(1)
0.0%
Truck transportation of freight(1)
0.4%
Water transportation of freight(1)
1.1%
Air transportation of freight(1)
-0.1%
Courier, messenger, and U.S. postal service
0.0%
Airline passenger services
2.2%
Less trade, transportation, and warehousing
0.2%
Loan services (partial)
0.3%
Securities brokerage, dealing, investment advice, and related services(1)
3.1%
Portfolio management(1)
0.5%
Outpatient care (partial)
0.0%
Inpatient care
0.1%
Traveler accommodation services
-3.8%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
-0.1%(p) in Mar 2024
Foods
+0.8%(p) in Mar 2024
Energy
-1.6%(p) in Mar 2024
Core goods
+0.1%(p) in Mar 2024
FINAL DEMAND SERVICES:
Total
+0.3%(p) in Mar 2024
Transportation and warehousing
+0.8%(p) in Mar 2024
Trade
+0.3%(p) in Mar 2024
Other
+0.2%(p) in Mar 2024
FINAL DEMAND CONSTRUCTION:
Construction
+0.1%(p) in Mar 2024
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
-0.5%(p) in Mar 2024
Unprocessed goods
-1.9%(p) in Mar 2024
Services
+0.2%(p) in Mar 2024
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.2%(p) in Mar 2024
Stage 3 intermediate demand
unchanged in Mar 2024
Stage 2 intermediate demand
-1.3%(p) in Mar 2024
Stage 1 intermediate demand
-0.1%(p) in Mar 2024
GOODS:
Motor vehicles
+0.4%(p) in Mar 2024
Pharmaceutical preparations
unchanged in Mar 2024
Gasoline
-3.6%(p) in Mar 2024
Meats
+0.8%(p) in Mar 2024
Industrial chemicals
+0.5%(p) in Mar 2024
Lumber
+1.3%(p) in Mar 2024
Steel mill products
-7.8%(p) in Mar 2024
Diesel fuel
+0.9%(p) in Mar 2024
Prepared animal feeds
-0.9%(p) in Mar 2024
Crude petroleum
-0.8%(p) in Mar 2024
Grains
+0.5%(p) in Mar 2024
Carbon steel scrap
-10.8%(p) in Mar 2024
SERVICES:
Outpatient healthcare
unchanged in Mar 2024
Inpatient healthcare services
+0.1%(p) in Mar 2024
Food and alcohol retailing
+0.5%(p) in Mar 2024
Apparel and jewelry retailing
+0.2%(p) in Mar 2024
Airline passenger services
+2.2%(p) in Mar 2024
Securities brokerage, dealing, investment, and related services
+3.1%(p) in Mar 2024
Business loans (partial)
-1.7%(p) in Mar 2024
Legal services
+0.1%(p) in Mar 2024
Truck transportation of freight
+0.4%(p) in Mar 2024
Machinery and equipment wholesaling
+0.5%(p) in Mar 2024
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand rises 0.2% in March; services increase 0.3%, goods decline 0.1%
04/11/2024
The Producer Price Index for final demand rose 0.2 percent in March. Prices for final demand
services advanced 0.3 percent, and the index for final demand goods edged down 0.1 percent.
Prices for final demand increased 2.1 percent for the 12 months ended in March.
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Charts
Next Release
April 2024 PPI data are scheduled to be released on May 14, 2024, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer prices for final demand increased 1.6 percent over the year ended February 2024
The Producer Price Index for final demand increased 1.6 percent from February 2023 to February 2024. Prices for final demand goods rose 0.3 percent over the year, while final demand prices for services rose 2.3 percent. read more »
Beyond the Numbers
How have the pandemic and online spending affected Black Friday shopping? Analyzing retail trade margins 2009–22
This Beyond the Numbers article will explore how Black Friday has changed over the years by using CPI and PPI commodity indexes to analyze prices. We’ll look at how the COVID-19 pandemic has impacted Black Friday, and how the continuing growth of online shopping has affected the holiday shopping season. read more »
Monthly Labor Review
Exploring quality adjustment in PPI cloud computing
A new method in accounting for price changes over time in cloud computing services. read more »