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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 Weights to be Updated to Reflect 2017 Census Shipment Values Read More »
- Recalculated Seasonal Adjustment Factors and Relative Importance Figures Read More »
- Producer Price Index to Publish Interim Index Values to 3 Decimal Places Read More »
Charts
PPI for final demand components, 1-month percent change, December 2022
Commodity
1-month percent change
Goods
-1.6%
Foods
-1.2%
Fresh fruits and melons(1)
-7.8%
Fresh and dry vegetables(1)
-9.4%
Meats
1.4%
Processed poultry
-9.9%
Dairy products
-0.3%
Soft drinks(1)
-1.3%
Energy
-7.9%
Residential electric power
0.8%
Residential natural gas
2.2%
Gasoline
-13.4%
Jet fuel(1)
-17.7%
Home heating oil and distillates
-6.4%
No. 2 diesel fuel
-27.0%
Goods less foods and energy
0.2%
Industrial chemicals
-3.2%
Pharmaceutical preparations
0.2%
Passenger cars
0.0%
Trucks, 14,000 lbs. and under
0.7%
Aircraft and aircraft equipment
0.3%
Cigarettes, including nontobacco(1)
0.0%
Services
0.1%
Trade services
0.3%
Machinery and equipment and parts and supplies wholesaling(1)
0.0%
Food and alcohol retailing
0.5%
Health and beauty retailing, including optical goods(1)
0.3%
Apparel, jewelry, footwear, and accessories retailing
-1.8%
Automobiles and automobile parts retailing(1)
-3.1%
Fuels and lubricants retailing(1)
17.8%
Transportation and warehousing services
-0.2%
Rail transportation of freight and mail(1)
-0.1%
Truck transportation of freight(1)
-1.7%
Water transportation of freight(1)
0.5%
Air transportation of freight(1)
-0.1%
Courier, messenger, and U.S. postal service
-0.4%
Airline passenger services
3.1%
Less trade, transportation, and warehousing
0.0%
Loan services (partial)
-1.6%
Securities brokerage, dealing, investment advice, and related services(1)
0.4%
Portfolio management(1)
-1.0%
Outpatient care (partial)
0.1%
Inpatient care
0.3%
Traveler accommodation services
-3.4%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
-1.6%(p) in Dec 2022
Foods
-1.2%(p) in Dec 2022
Energy
-7.9%(p) in Dec 2022
Core goods
+0.2%(p) in Dec 2022
FINAL DEMAND SERVICES:
Total
+0.1%(p) in Dec 2022
Transportation and warehousing
-0.2%(p) in Dec 2022
Trade
+0.3%(p) in Dec 2022
Other
unchanged in Dec 2022
FINAL DEMAND CONSTRUCTION:
Construction
unchanged in Dec 2022
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
-2.8%(p) in Dec 2022
Unprocessed goods
+3.4%(p) in Dec 2022
Services
+0.4%(p) in Dec 2022
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
-0.3%(p) in Dec 2022
Stage 3 intermediate demand
-2.1%(p) in Dec 2022
Stage 2 intermediate demand
+2.2%(p) in Dec 2022
Stage 1 intermediate demand
-1.7%(p) in Dec 2022
GOODS:
Motor vehicles
+0.4%(p) in Dec 2022
Pharmaceutical preparations
+0.2%(p) in Dec 2022
Gasoline
-13.4%(p) in Dec 2022
Meats
+1.4%(p) in Dec 2022
Industrial chemicals
-3.4%(p) in Dec 2022
Lumber
-5.7%(p) in Dec 2022
Steel mill products
-2.7%(p) in Dec 2022
Diesel fuel
-27.0%(p) in Dec 2022
Prepared animal feeds
-0.4%(p) in Dec 2022
Crude petroleum
-14.9%(p) in Dec 2022
Grains
-3.1%(p) in Dec 2022
Carbon steel scrap
+8.3%(p) in Dec 2022
SERVICES:
Outpatient healthcare
+0.1%(p) in Dec 2022
Inpatient healthcare services
+0.3%(p) in Dec 2022
Food and alcohol retailing
+0.5%(p) in Dec 2022
Apparel and jewelry retailing
-1.8%(p) in Dec 2022
Airline passenger services
+3.1%(p) in Dec 2022
Securities brokerage, dealing, investment, and related services
+0.4%(p) in Dec 2022
Business loans (partial)
-1.4%(p) in Dec 2022
Legal services
+0.2%(p) in Dec 2022
Truck transportation of freight
-1.7%(p) in Dec 2022
Machinery and equipment wholesaling
unchanged in Dec 2022
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand declines 0.5% in December; goods fall 1.6%, services increase 0.1%
01/18/2023
The Producer Price Index for final demand declined 0.5 percent in December. Prices for final
demand goods decreased 1.6 percent, and the index for final demand services rose 0.1 percent.
The index for final demand increased 6.2 percent in 2022.
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Charts
Next Release
January 2023 PPI data are scheduled to be released on February 16, 2023, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Producer prices for final demand increased 6.2 percent from December 2021 to December 2022
Producer prices for final demand increased 6.2 percent from December 2021 to December 2022. This price increase was smaller than the December 2020 to December 2021 increase (10.0 percent). read more »
Beyond the Numbers
Exploring price increases in 2021 and previous periods of inflation
Measures of price change in the U.S. recently experienced the largest period of inflation since 2008. Ongoing complications of the coronavirus pandemic contributed to this. In 2021, a semiconductor shortage caused decreased production in a variety of industries. Port congestion resulted in product delivery delays and to substantial supply shortfalls, causing upward price pressure. To gain perspective on recent trends, this article turns to past periods of high inflation. read more »
Monthly Labor Review
Automotive dealerships 2007–19: profit-margin compression and product innovation
From the 2007–09 Great Recession to the onset of the coronavirus disease 2019 pandemic, the new-vehicle market in the United States changed significantly. Consumer and producer price trends examined in this article show how dealers’ profits on new vehicles declined and, subsequently, how dealers successfully expanded financial services to improve revenue and profit. read more »