January 2019 Producer Price Index — 2019-02-14

The Producer Price Index for final demand edged down 0.1 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices also fell 0.1 percent in December and inched up 0.1 percent in November. (See table A.) On an unadjusted basis, the final demand index advanced 2.0 percent for the 12 months ended in January. In January, the decline in the final demand index can be traced to a 0.8-percent decrease in prices for final demand goods. In contrast, the index for final demand services increased 0.3 percent. The index for final demand less foods, energy, and trade services rose 0.2 percent in January following no change in December. For the 12 months ended in January, prices for final demand less foods, energy, and trade services moved up 2.5 percent. Final demand goods: The index for final demand goods fell 0.8 percent in January, the largest decrease since dropping 1.2 percent in September 2015.