Producer Price Index Nudged Upward in January

Washington, DC, February 17, 2016—The Producer Price Index for final demand advanced 0.1% in January, the U.S. Bureau of Labor Statistics has reported.

Final demand prices decreased 0.2% in December and advanced 0.4% in November. On an unadjusted basis, the final demand index declined 0.2% for the 12 months ended in January.

The increase in the final demand index for January can be traced to a 0.5%  advance in

prices for final demand services. In contrast, the index for final demand goods moved down 0.7%.

In January, the index for final demand less foods, energy, and trade services advanced 0.2% for the second consecutive month. For the 12 months ended in January, prices for final demand less foods, energy, and trade services climbed 0.8%.