September 2015 Producer Price Index — 2015-10-14

The Producer Price Index for final demand declined 0.5 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in August and rose 0.2 percent in July. On an unadjusted basis, the final demand index fell 1.1 percent for the 12 months ended in September, the eighth straight 12-month decline. (See table A.) In September, two-thirds of the decrease in the final demand index is attributable to prices for final demand goods, which fell 1.2 percent. The index for final demand services moved down 0.4 percent. Within intermediate demand, prices for processed goods fell 1.5 percent, the index for unprocessed goods dropped 3.1 percent, and prices for services decreased 0.7 percent. (See tables B and C.) Final demand goods: The index for final demand goods moved down 1.2 percent in September, the largest decrease since a 1.9-percent drop in January.