Producer Price Index for Final Demand Increased 2.8 Percent in Year Ending August 2018

The Producer Price Index for final demand rose 2.8 percent from August 2017 to August 2018. For the year ending in August 2017, final demand prices rose 2.4 percent. For the 12 months ended in August 2018, prices for final demand less foods, energy, and trade services rose 2.9 percent. Prices for goods rose 3.9 percent, while prices for services...

The Producer Price Index for final demand rose 2.8 percent from August 2017 to August 2018. For the year ending in August 2017, final demand prices rose 2.4 percent.

For the 12 months ended in August 2018, prices for final demand less foods, energy, and trade services rose 2.9 percent. Prices for goods rose 3.9 percent, while prices for services rose 2.2 percent.

These data are from the Producer Price Index program and are not seasonally adjusted. To learn more, see Producer Price Indexes — August 2018. 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.

Source: www.bls.gov