Producer Prices Rose 0.7% in August
Washington, DC, September 10, 2021-The Producer Price Index for final demand increased 0.7% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Final demand prices moved up 1.0% in July, the same as in June.
On an unadjusted basis, the final demand index rose 8.3% for the 12 months ended in August, the largest advance since 12-month data were first calculated in November 2010.