Producer Prices Inched Up 0.1% in February
Washington, DC, March 13, 2019-The Producer Price Index for final demand edged up 0.1% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices fell 0.1% in both January and December. On an unadjusted basis, the final demand index moved up 1.9% for the 12 months ended in February.
In February, the increase in the final demand index can be traced to a 0.4% rise in prices for final demand goods. The index for final demand services was unchanged.
The index for final demand less foods, energy, and trade services inched up 0.1% in February following a 0.2% advance in January. For the 12 months ended in February, prices for final demand less foods, energy, and trade services climbed 2.3%.