The Producer Price Index for final demand increased 3.1 percent for the 12 months ended in May 2018, the largest 12-month increase since it increased 3.1 percent in January 2012.
Since 2011, the 12-month change in the Producer Price Index for final demand has ranged from −1.4 percent (in October 2015) to 4.5 percent (July and September 2011).
Prices for final demand goods increased 4.4 percent for the year ended in May 2018, the largest 12-month increase since a 4.7-percent increase in December 2011.
The Producer Price Index for final demand energy increased 16.5 percent over the year, the largest 12-month increase since a 19.2-percent increase in February 2017.
These data are from the Producer Price Indexes program and are not seasonally adjusted. See "Producer Price Indexes — May 2018" to learn more. Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer prices are subject to revision once, 4 months after original publication. Also see Charts related to the latest "U.S. Producer Price Indexes" news release.