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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
- Recalculated Relative Importance Figures and Seasonal Adjustment Factors Read More »
- PPI Industry Net Output Ratios Updated with 2017 Input-Output Data Read More »
- Rebasing of Selected Producer Price Indexes Read More »
Charts
PPI for final demand components, 1-month percent change, October 2024
Commodity
1-month percent change
Goods
0.1%
Foods
-0.2%
Fresh fruits and melons(1)
-3.3%
Fresh and dry vegetables(1)
2.3%
Meats
3.1%
Processed poultry
-6.6%
Dairy products(1)
-0.8%
Soft drinks(1)
-0.9%
Energy
-0.3%
Residential electric power
-0.5%
Residential natural gas
0.9%
Gasoline
-0.9%
Jet fuel(1)
-0.3%
Home heating oil and distillates
-5.5%
No. 2 diesel fuel
7.5%
Goods less foods and energy
0.3%
Industrial chemicals
0.9%
Pharmaceutical preparations
0.2%
Passenger cars
0.3%
Trucks, 14,000 lbs. and under
0.0%
Aircraft and aircraft equipment
0.1%
Cigarettes, including nontobacco(1)
0.4%
Services
0.3%
Trade services
0.1%
Machinery and equipment and parts and supplies wholesaling(1)
0.8%
Food and alcohol retailing
0.8%
Health and beauty retailing, including optical goods(1)
0.6%
Apparel, jewelry, footwear, and accessories retailing
-3.7%
Automobiles and automobile parts retailing(1)
-1.9%
Fuels and lubricants retailing(1)
-5.9%
Transportation and warehousing services
0.5%
Rail transportation of freight and mail(1)
-0.1%
Truck transportation of freight(1)
-0.7%
Water transportation of freight(1)
1.2%
Air transportation of freight(1)
1.3%
Courier, messenger, and U.S. postal service
0.6%
Airline passenger services
3.2%
Less trade, transportation, and warehousing
0.3%
Loan services (partial)
-2.1%
Securities brokerage, dealing, investment advice, and related services(1)
-2.3%
Portfolio management(1)
3.6%
Outpatient care (partial)
0.3%
Inpatient care
-0.1%
Traveler accommodation services
-0.5%
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 Oct 2024
Foods
-0.2%(p) in Oct 2024
Energy
-0.3%(p) in Oct 2024
Core goods
+0.3%(p) in Oct 2024
FINAL DEMAND SERVICES:
Total
+0.3%(p) in Oct 2024
Transportation and warehousing
+0.5%(p) in Oct 2024
Trade
+0.1%(p) in Oct 2024
Other
+0.3%(p) in Oct 2024
FINAL DEMAND CONSTRUCTION:
Construction
-0.2%(p) in Oct 2024
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
+0.5%(p) in Oct 2024
Unprocessed goods
+4.1%(p) in Oct 2024
Services
+0.1%(p) in Oct 2024
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.2%(p) in Oct 2024
Stage 3 intermediate demand
+0.5%(p) in Oct 2024
Stage 2 intermediate demand
+1.5%(p) in Oct 2024
Stage 1 intermediate demand
+0.3%(p) in Oct 2024
GOODS:
Motor vehicles
unchanged in Oct 2024
Pharmaceutical preparations
+0.2%(p) in Oct 2024
Gasoline
-0.9%(p) in Oct 2024
Meats
+3.1%(p) in Oct 2024
Industrial chemicals
+1.0%(p) in Oct 2024
Lumber
+1.6%(p) in Oct 2024
Steel mill products
+0.7%(p) in Oct 2024
Diesel fuel
+7.5%(p) in Oct 2024
Prepared animal feeds
unchanged in Oct 2024
Crude petroleum
+7.3%(p) in Oct 2024
Grains
-1.0%(p) in Oct 2024
Carbon steel scrap
+4.3%(p) in Oct 2024
SERVICES:
Outpatient healthcare
+0.3%(p) in Oct 2024
Inpatient healthcare services
-0.1%(p) in Oct 2024
Food and alcohol retailing
+0.8%(p) in Oct 2024
Apparel and jewelry retailing
-3.7%(p) in Oct 2024
Airline passenger services
+3.2%(p) in Oct 2024
Securities brokerage, dealing, investment, and related services
-2.3%(p) in Oct 2024
Business loans (partial)
-5.8%(p) in Oct 2024
Legal services
+1.4%(p) in Oct 2024
Truck transportation of freight
-0.7%(p) in Oct 2024
Machinery and equipment wholesaling
+0.8%(p) in Oct 2024
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand rises 0.2% in October; services increase 0.3%, goods advance 0.1%
11/14/2024
The Producer Price Index for final demand increased 0.2 percent in October. Prices for final
demand services advanced 0.3 percent, and the index for final demand goods inched up 0.1
percent. Prices for final demand rose 2.4 percent for the 12 months ended in October.
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Charts
Next Release
November 2024 PPI data are scheduled to be released on December 12, 2024, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer prices for final demand rose 1.8 percent for the 12 months ended in September 2024
The Producer Price Index for final demand increased 1.8 percent for the 12 months ended in September 2024. Over the same period, prices for final demand goods decreased 1.1 percent, while prices for final demand services increased 3.1 percent. read more »
Beyond the Numbers
Debunking 8 common misconceptions about the Producer Price Index
This Beyond the Numbers article addresses common misconceptions about the PPI. It will cover the scope of PPI coverage, the types of price information used to construct PPIs, differences between the PPI and the Consumer Price Index (CPI), how changes in product quality affect PPIs, and how transportation costs are integrated into the PPI. read more »
Monthly Labor Review
Introducing Producer Price Index research series based on a geometric-mean formula
This article introduces Producer Price Index (PPI) research series calculated with a geometric-mean (geomean) formula and explains the formula’s methodological advantages. The article also compares official and geomean PPIs to illustrate how formula choice affects index values. read more »