Producer Prices Ticked Up in September
Washington, DC, October 10, 2018-The Producer Price Index for final demand increased 0.2% in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Final demand prices declined 0.1% in August and were unchanged in July.
On an unadjusted basis, the final demand index advanced 2.6% for the 12 months ended in September.
In September, the rise in the final demand index can be traced to a 0.3% increase in prices for final demand services. In contrast, the index for final demand goods decreased 0.1%.
The index for final demand less foods, energy, and trade services moved up 0.4% in September, the largest rise since a 0.5% increase in January. For the 12 months ended in September, prices for final demand less foods, energy, and trade services advanced 2.9%.