Producer Prices Rose 0.4% in October
Washington, DC, November 14, 2017-The Producer Price Index for final demand increased 0.4% in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Final demand prices advanced 0.4% in September and 0.2% in August.
On an unadjusted basis, the final demand index increased 2.8% for the 12 months ended in October, the largest rise since an advance of 2.8% for the 12 months ended February 2012.
Within final demand in October, prices for final demand services rose 0.5%, and the index for final demand goods moved up 0.3%.
Prices for final demand less foods, energy, and trade services rose 0.2% in October.
For the 12 months ended in October, the index for final demand less foods, energy, and trade services advanced 2.3%.