Producer Price Index for Final Demand Edges 0.5% Higher in April 2022

The Bureau of Labor Statistics (BLS) reported today (5-12-22) that the Producer Price Index (PPI) for final demand, seasonally adjusted, increased 0.5% in April. This rise followed advances of 1.6% in March, 1.1% in February, and 1.2% in January. On an unadjusted basis, final demand prices moved up 11.0% for the 12 months ending in April.

In April, the advance in the index for final demand was led by a 1.3% advance in prices for final demand goods. The index for final demand construction increased 4.0%, while prices for final demand service was unchanged from March.

Prices for final demand less foods, energy, and trade services rose 0.6% percent in April, after increasing 0.9% in March. For the 12 months ending in April, the index for final demand less foods, energy, and trade services increased 6.9%.