Producer Prices Rose 0.2% in August
Washington, DC, September 13, 2017-The Producer Price Index for final demand advanced 0.2% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Final demand prices edged down 0.1% in July and moved up 0.1% in June.
On an unadjusted basis, the final demand index increased 2.4% for the 12 months ended in August.
Three-quarters of the August increase in final demand prices is attributable to the index for final demand goods, which climbed 0.5%. Prices for final demand services inched up 0.1%.
The index for final demand less foods, energy, and trade services increased 0.2% in August following no change in July. For the 12 months ended in August, prices for final demand less
foods, energy, and trade services rose 1.9%.