Producer Price Index Rose 0.1% in August

Washington, DC, September 11, 2019-The Producer Price Index for final demand rose 0.1% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. 

Final demand prices moved up 0.2% in July and 0.1% in June. 

On an unadjusted basis, the final demand index rose 1.8% for the 12 months ended in August.

In August, the advance in final demand prices is attributable to a 0.3% increase in the index for final demand services. In contrast, prices for final demand goods fell 0.5%.

The index for final demand less foods, energy, and trade services rose 0.4% in August following a 0.1% decline in July. For the 12 months ended in August, prices for final demand less foods, energy, and trade services moved up 1.9%.