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PPI for final demand increases 0.6% in January; goods rise 1.0%, services advance 0.3%
PPI for final demand increases 0.6% in January; goods rise 1.0%, services advance 0.3%Economic News Release USDL 17-0215
Producer Price Index News Release text
Transmission of material in this release is embargoed until 8:30 a.m. (EST), Tuesday, February 14, 2017
Technical information: (202) 691-7705 * [email protected] * www.bls.gov/ppi
Media contact: (202) 691-5902 * [email protected]
PRODUCER PRICE INDEXES - JANUARY 2017
The Producer Price Index for final demand increased 0.6 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.2 percent in December and 0.5 percent in November. (See table A.) On an unadjusted basis, the final demand index climbed 1.6 percent for the 12 months ended January 2017.
In January, over 60 percent of the advance in the final demand index is attributable to a 1.0-percent increase in prices for final demand goods. The index for final demand services moved up 0.3 percent.
Prices for final demand less foods, energy, and trade services rose 0.2 percent in January after inching up 0.1 percent in December. For the 12 months ended in January, the index for final demand less foods, energy, and trade services climbed 1.6 percent.
Final Demand
Final demand goods: Prices for final demand goods moved up 1.0 percent in January, the largest rise since a 1.0-percent advance in May 2015. Three-fourths of the January increase can be traced to the index for final demand energy, which jumped 4.7 percent. Prices for final demand goods less foods and energy climbed 0.4 percent. The index for final demand foods was unchanged.
________________
The Producer Price Index for February 2017 is scheduled to be released on Tuesday, March 14, 2017 at 8:30 a.m. (EDT).
Producer Price Index News Release text
Transmission of material in this release is embargoed until 8:30 a.m. (EST), Tuesday, February 14, 2017
Technical information: (202) 691-7705 * [email protected] * www.bls.gov/ppi
Media contact: (202) 691-5902 * [email protected]
PRODUCER PRICE INDEXES - JANUARY 2017
The Producer Price Index for final demand increased 0.6 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.2 percent in December and 0.5 percent in November. (See table A.) On an unadjusted basis, the final demand index climbed 1.6 percent for the 12 months ended January 2017.
In January, over 60 percent of the advance in the final demand index is attributable to a 1.0-percent increase in prices for final demand goods. The index for final demand services moved up 0.3 percent.
Prices for final demand less foods, energy, and trade services rose 0.2 percent in January after inching up 0.1 percent in December. For the 12 months ended in January, the index for final demand less foods, energy, and trade services climbed 1.6 percent.
Final Demand
Final demand goods: Prices for final demand goods moved up 1.0 percent in January, the largest rise since a 1.0-percent advance in May 2015. Three-fourths of the January increase can be traced to the index for final demand energy, which jumped 4.7 percent. Prices for final demand goods less foods and energy climbed 0.4 percent. The index for final demand foods was unchanged.
________________
The Producer Price Index for February 2017 is scheduled to be released on Tuesday, March 14, 2017 at 8:30 a.m. (EDT).
[center]Facilities for Sensory Impaired[/center]
Information from these releases will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.
