Producer Price Index Posts 0.4% Decline in October
Washington, DC, November 13, 2015—The Producer Price Index for final demand decreased 0.4% in October, the U.S. Bureau of Labor Statistics has reported.
Final demand prices moved down 0.5% in September and were unchanged in August.
On an unadjusted basis, the final demand index fell 1.6% for the 12 months ended in October, a record 12-month decline for this index, which was introduced in November 2009.
In October, 70% of the decrease in the final demand index can be traced to prices for final
demand services, which moved down 0.3%.
The index for final demand goods declined 0.4%.
Within intermediate demand, prices for processed goods fell 0.4%, the index for
unprocessed goods was unchanged, and prices for services decreased 0.4%.