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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.
PPI for final demand components, 1-month percent change, March 2025
Commodity
1-month percent change
Goods
-0.9%
Foods
-2.1%
Fresh fruits and melons(1)
-12.2%
Fresh and dry vegetables(1)
-7.7%
Meats
-2.9%
Processed poultry
0.6%
Dairy products(1)
-1.2%
Soft drinks(1)
0.9%
Energy
-4.0%
Residential electric power
0.7%
Residential natural gas
2.1%
Gasoline
-11.1%
Jet fuel(1)
-9.1%
Home heating oil and distillates
-5.5%
No. 2 diesel fuel
-6.1%
Goods less foods and energy
0.3%
Industrial chemicals
0.4%
Pharmaceutical preparations
0.1%
Passenger cars
-0.2%
Trucks, 14,000 lbs. and under
0.5%
Aircraft and aircraft equipment
0.2%
Cigarettes, including nontobacco(1)
0.0%
Services
-0.2%
Trade services
-0.7%
Machinery and equipment and parts and supplies wholesaling(1)
-0.7%
Food and alcohol retailing
-1.3%
Health and beauty retailing, including optical goods(1)
-0.6%
Apparel, jewelry, footwear, and accessories retailing
-2.0%
Automobiles and automobile parts retailing(1)
0.2%
Fuels and lubricants retailing(1)
2.3%
Transportation and warehousing services
-0.6%
Rail transportation of freight and mail(1)
0.0%
Truck transportation of freight(1)
0.7%
Water transportation of freight(1)
1.5%
Air transportation of freight(1)
0.5%
Courier, messenger, and U.S. postal service
0.2%
Airline passenger services
-4.0%
Less trade, transportation, and warehousing
0.1%
Loan services (partial)
-2.3%
Securities brokerage, dealing, investment advice, and related services(1)
0.3%
Portfolio management(1)
0.2%
Outpatient care (partial)
0.1%
Inpatient care
0.2%
Traveler accommodation services
-1.2%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Processed goods
unchanged in Mar 2025
Stage 4 intermediate demand
-0.1%(p) in Mar 2025
Stage 3 intermediate demand
-1.0%(p) in Mar 2025
Motor vehicles
+0.4%(p) in Mar 2025
Pharmaceutical preparations
+0.1%(p) in Mar 2025
Gasoline
-11.1%(p) in Mar 2025
Industrial chemicals
+0.7%(p) in Mar 2025
Steel mill products
+7.1%(p) in Mar 2025
Diesel fuel
-6.1%(p) in Mar 2025
Prepared animal feeds
-0.4%(p) in Mar 2025
Outpatient healthcare
+0.1%(p) in Mar 2025
Inpatient healthcare services
+0.2%(p) in Mar 2025
Food and alcohol retailing
-1.3%(p) in Mar 2025
Apparel and jewelry retailing
-2.0%(p) in Mar 2025
Airline passenger services
-4.0%(p) in Mar 2025
Securities brokerage, dealing, investment, and related services
+0.3%(p) in Mar 2025
Business loans (partial)
-4.2%(p) in Mar 2025
Legal services
+1.5%(p) in Mar 2025
04/11/2025
The Producer Price Index for final demand decreased 0.4 percent in March. Prices for final
demand goods fell 0.9 percent, and the index for final demand services declined 0.2 percent.
Prices for final demand advanced 2.7 percent for the 12 months ended in March.
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