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News Release. PPI for final demand rises 0.5% in April; services increase 0.6%, goods advance 0.4%. 05/14/2024. The Producer Price Index for final demand rose 0.5 percent in April. Prices for final demand services increased 0.6 percent, and the index for final demand goods moved up 0.4 percent.
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PPI for final demand rises 0.5% in April; services increase...
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Find the latest numbers for producer price indexes (PPI) in the U.S. economy, covering final demand, intermediate demand, goods, services, and more. See the data, methods, and historical trends for PPI.
- What Is The Producer Price Index (PPI)?
- Understanding The Producer Price Index
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The Producer Price Index (PPI) measures the average change over time in the prices domestic producers receive for their output. It is a measure of inflation at the wholesale level that is compiled from thousands of indexes measuring producer prices by industry and product category. The index is published monthly by the U.S. Bureau of Labor Statisti...
The PPI measures inflation (or, much less commonly, deflation) from the perspective of the product manufacturer or service supplier. The price trends for producers and consumers are unlikely to diverge for long since producer prices heavily influence those charged to consumers and vice versa. In the short term, inflation at the wholesale and retail...
Both PPI and CPI are important economic measures because they point to monthly changes in prices. But they reflect prices from different standpoints. As noted above, the PPI measures prices based on the first commercial transaction for a product or service. This is in contrast to the consumer price index, which measures price changes encountered by...
The BLS produces more than 10,000 product and industry price indexes each month, which it then uses to calculate the PPI. They're published with and without seasonal adjustmentsand are divided into three categories: industry-level classification, commodity classification, and first demand-intermediate demand.
The Producer Price Index is a measure of the change in prices that domestic producers receive for their goods and services. The index is a measure of wholesale inflation and an indicator of the health of the economy.
PPI measures the average change in the prices domestic producers receive for their output. It is a measure of wholesale inflation and an indicator of the health of the economy. Learn how PPI is calculated, how it differs from CPI, and how it is used for forecasting and contracts.
- Christina Majaski
- 1 min
The PPI for final demand services drove most of April’s gain, climbing 0.6% from March. Core PPI, which excludes food, energy and trade services, rose 0.4% following a 0.2% increase in March. Wednesday’s consumer price index report will have more bearing on monetary policy, but Tuesday’s PPI was not an ideal start for April inflation data.
- Seasonally Adjusted
- 0.04 %
- PPI.IUSA
- Index 1982=100, SA
May 14, 2024 · Wholesale prices rose 0.5% in April, more than expected. The producer price index, a measure of what producers receive for the goods they produce, increased 0.5% in April and was up 2.2% on a 12 ...
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