The Producer Price Index (PPI) reported by the Labor Department Bureau of Labor Statistics.
The Labor Department reported on Wednesday the Producer Price Index (PPI) increased 0.1% in the month of January, beating estimates for a decline of 0.2%. The numbers come after PPI fell 0.2% in December. Wholesale producer prices–excluding the volatile food and energy components–rose 0.4%.
Economists polled by Reuters had forecast the PPI dropping 0.2 percent last month and falling 0.6 percent from a year ago.
The index for final demand services increased 0.5% in January, marking the third straight month of gains. The 4.0% jump in margins for machinery and equipment represented nearly half of the increase in prices for services last month.
Goods prices declined 0.7% after another mirrored drop in December. A key measure of underlying producer price pressures that excludes food, energy and trade services gained 0.2% last month after advancing by the same margin in December.
The so-called core PPI was up 0.8 percent in the 12 months through January.
| Month | Total final demand |
Final demand less foods, energy, and trade |
Final demand goods | Final demand services | Change in final demand from 12 months ago (unadj.) |
Change in final demand less foods, energy, and trade from 12 mo. ago (unadj.) |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Foods | Energy | Less foods and energy |
Total | Trade | Transportation and warehousing |
Other | |||||
|
2015 |
||||||||||||
|
Jan. |
-0.6 | -0.1 | -1.9 | -0.7 | -9.8 | 0.1 | 0.1 | 0.5 | -0.8 | -0.1 | 0.0 | 1.0 |
|
Feb. |
-0.5 | -0.1 | -0.3 | -1.4 | 0.0 | -0.1 | -0.5 | -1.7 | -0.7 | 0.1 | -0.5 | 0.8 |
|
Mar. |
0.0 | 0.0 | -0.1 | -0.9 | 0.6 | -0.1 | 0.1 | 0.2 | -0.3 | 0.1 | -0.9 | 0.7 |
|
Apr. |
0.0 | 0.2 | -0.5 | -0.9 | -2.1 | 0.1 | 0.2 | 0.0 | -0.3 | 0.4 | -1.1 | 0.8 |
|
May |
0.5 | 0.0 | 1.2 | 1.1 | 5.7 | 0.1 | 0.0 | 0.2 | -0.1 | -0.1 | -0.8 | 0.7 |
|
June |
0.3 | 0.3 | 0.5 | 0.4 | 0.7 | 0.4 | 0.3 | 0.3 | 0.2 | 0.3 | -0.5 | 0.8 |
|
July |
0.1 | 0.1 | -0.3 | -0.8 | -0.7 | 0.0 | 0.3 | 0.6 | -0.1 | 0.1 | -0.7 | 0.9 |
|
Aug. |
-0.2 | 0.0 | -0.5 | 0.2 | -2.6 | -0.2 | -0.1 | -0.4 | -0.9 | 0.2 | -1.0 | 0.6 |
|
Sept. |
-0.5 | -0.1 | -1.0 | -0.3 | -5.3 | 0.0 | -0.1 | 0.2 | 0.0 | -0.2 | -1.1 | 0.5 |
|
Oct. |
-0.3 | -0.2 | -0.3 | -0.8 | -0.3 | -0.3 | -0.4 | -0.7 | -0.2 | -0.1 | -1.6 | 0.4 |
|
Nov. |
0.4 | 0.1 | 0.1 | 0.3 | 0.5 | 0.0 | 0.5 | 1.3 | 0.0 | 0.2 | -1.1 | 0.3 |
|
Dec. |
-0.2 | 0.2 | -0.7 | -1.4 | -3.5 | 0.1 | 0.1 | -0.1 | -0.4 | 0.3 | -1.0 | 0.3 |
|
2016 |
||||||||||||
|
Jan. |
0.1 | 0.2 | -0.7 | 1.0 | -5.0 | 0.0 | 0.5 | 0.9 | 0.4 | 0.4 | -0.2 | 0.8 |
|
NOTE: Some of the percent changes shown here and elsewhere in this release may differ from those previously reported because seasonal adjustment factors have been recalculated to reflect developments during 2015. In addition, indexes for September 2015 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. |
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