8:30 a.m. (EDT), Friday, May 13, 2016 Press Release
PRODUCER PRICE INDEXES – APRIL 2016
The Producer Price Index for final demand rose 0.2 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and 0.2 percent in February.
On an unadjusted basis, the final demand index was unchanged for the 12 months ended in April. (See table A.)
In April, prices for final demand services edged up 0.1 percent, and the index for final demand goods advanced 0.2 percent. The index for final demand less foods, energy, and trade services moved up 0.3 percent in April following no change in March. For the 12 months ended in April, prices for final demand less foods, energy, and trade services rose 0.9 percent.
Final Demand
Final demand services: The index for final demand services edged up 0.1 percent in April following a 0.2- percent decline in March. The increase can be traced to prices for final demand services less trade, transportation, and warehousing, which climbed 0.3 percent. In contrast, the indexes for final demand transportation and warehousing services and for final demand trade services decreased 0.4 percent and 0.1 percent, respectively.
Product detail: A major factor in the April advance in the index for final demand services was prices for portfolio management, which climbed 4.5 percent. The indexes for fuels and lubricants retailing, residential real estate loans (partial), chemicals and allied products wholesaling, and truck transportation of freight also increased. Conversely, prices for airline passenger services fell 1.7 percent. The indexes for health, beauty, and optical goods retailing; machinery and equipment wholesaling; and services related to securities brokerage and dealing also moved lower. (See table 4.)
Final demand goods: The index for final demand goods advanced 0.2 percent in April, the same as in March. Most of the April rise can be traced to prices for final demand goods less foods and energy, which climbed 0.3 percent. The index for final demand energy moved up 0.2 percent. In contrast, prices for final demand foods declined 0.3 percent.
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page source http://www.bls.gov/
