An official website of the United States government
United States Department of Labor
United States Department of Labor
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure.
The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
Producer Price Indexes
SHARE ON:
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 Program invites you to participate in our user survey Read More »
- Registration for Plug In! A BLS Forum on the Electric Vehicle Industry hosted by the BLS Atlanta Regional Office is now open Read More »
- PPI Industry Net Output Ratios Updated with 2017 Input-Output Data Read More »
Charts
PPI for final demand components, 1-month percent change, July 2024
Commodity
1-month percent change
Goods
0.6%
Foods
0.6%
Fresh fruits and melons(1)
10.3%
Fresh and dry vegetables(1)
-5.4%
Meats
4.5%
Processed poultry
-1.1%
Dairy products(1)
1.2%
Soft drinks(1)
-0.2%
Energy
1.9%
Residential electric power
-0.8%
Residential natural gas
0.9%
Gasoline
2.8%
Jet fuel(1)
7.1%
Home heating oil and distillates
9.6%
No. 2 diesel fuel
12.9%
Goods less foods and energy
0.2%
Industrial chemicals
2.4%
Pharmaceutical preparations
0.1%
Passenger cars
-0.2%
Trucks, 14,000 lbs. and under
0.2%
Aircraft and aircraft equipment
0.3%
Cigarettes, including nontobacco(1)
0.0%
Services
-0.2%
Trade services
-1.3%
Machinery and equipment and parts and supplies wholesaling(1)
-1.4%
Food and alcohol retailing
-3.7%
Health and beauty retailing, including optical goods(1)
0.1%
Apparel, jewelry, footwear, and accessories retailing
-0.6%
Automobiles and automobile parts retailing(1)
-2.4%
Fuels and lubricants retailing(1)
-5.7%
Transportation and warehousing services
0.4%
Rail transportation of freight and mail(1)
0.6%
Truck transportation of freight(1)
0.6%
Water transportation of freight(1)
0.4%
Air transportation of freight(1)
-1.0%
Courier, messenger, and U.S. postal service
0.4%
Airline passenger services
-0.2%
Less trade, transportation, and warehousing
0.3%
Loan services (partial)
-1.9%
Securities brokerage, dealing, investment advice, and related services(1)
1.8%
Portfolio management(1)
2.3%
Outpatient care (partial)
-0.1%
Inpatient care
0.3%
Traveler accommodation services
-0.4%
Footnotes
(1) Not seasonally adjusted.
Note: All data are subject to revision 4 months after originally published.
Latest Numbers
FINAL DEMAND GOODS:
Total
+0.6%(p) in Jul 2024
Foods
+0.6%(p) in Jul 2024
Energy
+1.9%(p) in Jul 2024
Core goods
+0.2%(p) in Jul 2024
FINAL DEMAND SERVICES:
Total
-0.2%(p) in Jul 2024
Transportation and warehousing
+0.4%(p) in Jul 2024
Trade
-1.3%(p) in Jul 2024
Other
+0.3%(p) in Jul 2024
FINAL DEMAND CONSTRUCTION:
Construction
+0.8%(p) in Jul 2024
INTERMEDIATE DEMAND BY COMMODITY TYPE:
Processed goods
+0.7%(p) in Jul 2024
Unprocessed goods
+3.6%(p) in Jul 2024
Services
+0.3%(p) in Jul 2024
INTERMEDIATE DEMAND BY PRODUCTION FLOW:
Stage 4 intermediate demand
+0.4%(p) in Jul 2024
Stage 3 intermediate demand
+0.8%(p) in Jul 2024
Stage 2 intermediate demand
+1.1%(p) in Jul 2024
Stage 1 intermediate demand
+0.7%(p) in Jul 2024
GOODS:
Motor vehicles
+0.1%(p) in Jul 2024
Pharmaceutical preparations
+0.1%(p) in Jul 2024
Gasoline
+2.8%(p) in Jul 2024
Meats
+4.5%(p) in Jul 2024
Industrial chemicals
+2.1%(p) in Jul 2024
Lumber
-0.4%(p) in Jul 2024
Steel mill products
-3.3%(p) in Jul 2024
Diesel fuel
+12.9%(p) in Jul 2024
Prepared animal feeds
-0.1%(p) in Jul 2024
Crude petroleum
+5.5%(p) in Jul 2024
Grains
-10.6%(p) in Jul 2024
Carbon steel scrap
+3.1%(p) in Jul 2024
SERVICES:
Outpatient healthcare
-0.1%(p) in Jul 2024
Inpatient healthcare services
+0.3%(p) in Jul 2024
Food and alcohol retailing
-3.7%(p) in Jul 2024
Apparel and jewelry retailing
-0.6%(p) in Jul 2024
Airline passenger services
-0.2%(p) in Jul 2024
Securities brokerage, dealing, investment, and related services
+1.8%(p) in Jul 2024
Business loans (partial)
-4.0%(p) in Jul 2024
Legal services
+0.5%(p) in Jul 2024
Truck transportation of freight
+0.6%(p) in Jul 2024
Machinery and equipment wholesaling
-1.4%(p) in Jul 2024
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
p - preliminary
News Release
PPI for final demand rises 0.1% in July; goods increase 0.6%, services decline 0.2%
08/13/2024
The Producer Price Index for final demand increased 0.1 percent in July. Prices for final demand
goods moved up 0.6 percent, and the index for final demand services fell 0.2 percent. Prices for
final demand advanced 2.2 percent for the 12 months ended in July.
HTML
|
PDF
|
RSS
|
Charts
Next Release
August 2024 PPI data are scheduled to be released on September 12, 2024, at 8:30 A.M. Eastern Time.
read more »
Publications
The Economics Daily
Final demand producer prices up 2.6 over the year ended June 2024
The Producer Price Index for final demand rose 2.6 percent for the 12 months ended in June 2024, not seasonally adjusted. This was the largest 12-month increase since moving up 2.7 percent for the year ended March 2023. 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 »