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Bureau of Labor Statistics > Producer Price Indexes > Home

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 Updated to Reflect 2017 Census Shipment Values Read More »
Producer Price Index to Publish Interim Index Values to 3 Decimal Places Read More »
PPI Introduces Detailed Indexes for Defense and Non-defense Government Purchases Read More »

Charts

PPI for final demand components, 1-month percent change, February 2023
Commodity	1-month percent change
Goods	-0.2%
Foods	-2.2%
Fresh fruits and melons(1)	-6.4%
Fresh and dry vegetables(1)	-13.6%
Meats	-1.0%
Processed poultry	-2.5%
Dairy products	-1.2%
Soft drinks(1)	-1.5%
Energy	-0.2%
Residential electric power	0.6%
Residential natural gas	-9.7%
Gasoline	4.2%
Jet fuel(1)	-0.6%
Home heating oil and distillates	-13.2%
No. 2 diesel fuel	-4.7%
Goods less foods and energy	0.3%
Industrial chemicals	-2.1%
Pharmaceutical preparations	0.5%
Passenger cars	0.2%
Trucks, 14,000 lbs. and under	0.2%
Aircraft and aircraft equipment	0.6%
Cigarettes, including nontobacco(1)	2.1%
Services	-0.1%
Trade services	-0.8%
Machinery and equipment and parts and supplies wholesaling(1)	-2.3%
Food and alcohol retailing	3.2%
Health and beauty retailing, including optical goods(1)	-0.2%
Apparel, jewelry, footwear, and accessories retailing	-0.7%
Automobiles and automobile parts retailing(1)	-1.6%
Fuels and lubricants retailing(1)	-2.3%
Transportation and warehousing services	-1.1%
Rail transportation of freight and mail(1)	-1.1%
Truck transportation of freight(1)	-0.8%
Water transportation of freight(1)	-0.3%
Air transportation of freight(1)	0.2%
Courier, messenger, and U.S. postal service	0.1%
Airline passenger services	-2.6%
Less trade, transportation, and warehousing	0.3%
Loan services (partial)	8.3%
Securities brokerage, dealing, investment advice, and related services(1)	3.8%
Portfolio management(1)	-0.6%
Outpatient care (partial)	0.5%
Inpatient care	0.2%
Traveler accommodation services	-2.7%
Footnotes (1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.

Latest Numbers

FINAL DEMAND:

SA -0.1%(p) in Feb 2023

NSA unchanged in Feb 2023

NSA +4.6%(p) since Feb 2022

FINAL DEMAND GOODS:

Total -0.2%(p) in Feb 2023

Foods -2.2%(p) in Feb 2023

Energy -0.2%(p) in Feb 2023

Core goods +0.3%(p) in Feb 2023

FINAL DEMAND SERVICES:

Total -0.1%(p) in Feb 2023

Transportation and warehousing -1.1%(p) in Feb 2023

Trade -0.8%(p) in Feb 2023

Other +0.3%(p) in Feb 2023

FINAL DEMAND CONSTRUCTION:

Construction +0.1%(p) in Feb 2023

INTERMEDIATE DEMAND BY COMMODITY TYPE:

Processed goods -0.4%(p) in Feb 2023

Unprocessed goods -3.8%(p) in Feb 2023

Services +0.3%(p) in Feb 2023

INTERMEDIATE DEMAND BY PRODUCTION FLOW:

Stage 4 intermediate demand unchanged in Feb 2023

Stage 3 intermediate demand -0.2%(p) in Feb 2023

Stage 2 intermediate demand -1.0%(p) in Feb 2023

Stage 1 intermediate demand -0.4%(p) in Feb 2023

GOODS:

Motor vehicles +0.2%(p) in Feb 2023

Pharmaceutical preparations +0.5%(p) in Feb 2023

Gasoline +4.2%(p) in Feb 2023

Meats -1.0%(p) in Feb 2023

Industrial chemicals -2.2%(p) in Feb 2023

Lumber -1.1%(p) in Feb 2023

Steel mill products +2.6%(p) in Feb 2023

Diesel fuel -4.7%(p) in Feb 2023

Prepared animal feeds -0.6%(p) in Feb 2023

Crude petroleum +7.3%(p) in Feb 2023

Grains +4.0%(p) in Feb 2023

Carbon steel scrap +5.7%(p) in Feb 2023

SERVICES:

Outpatient healthcare +0.5%(p) in Feb 2023

Inpatient healthcare services +0.2%(p) in Feb 2023

Food and alcohol retailing +3.2%(p) in Feb 2023

Apparel and jewelry retailing -0.7%(p) in Feb 2023

Airline passenger services -2.6%(p) in Feb 2023

Securities brokerage, dealing, investment, and related services +3.8%(p) in Feb 2023

Business loans (partial) +6.3%(p) in Feb 2023

Legal services +1.1%(p) in Feb 2023

Truck transportation of freight -0.8%(p) in Feb 2023

Machinery and equipment wholesaling -2.3%(p) in Feb 2023

News Release

PPI for final demand declines 0.1% in February; goods fall 0.2%, services decrease 0.1%

03/15/2023

The Producer Price Index for final demand decreased 0.1 percent in February. Prices for final demand goods fell 0.2 percent, and the index for final demand services edged down 0.1 percent. Prices for final demand rose 4.6 percent for the 12 months ended in February.
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Next Release

March 2023 PPI data are scheduled to be released on April 13, 2023, at 8:30 A.M. Eastern Time.

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 »

The Economics Daily

Producer prices up 6.0 percent from January 2022 to January 2023

The Producer Price Index for final demand increased 6.0 percent from January 2022 to January 2023, the smallest 12-month advance since March 2021. Producer prices for goods rose 7.5 percent for the year ended January 2023, while prices for services rose 5.0 percent. Prices for transportation and warehousing increased 11.3 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 »

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