January 2016 Producer Price Index — 2016-02-17

The Producer Price Index for final demand advanced 0.1 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices decreased 0.2 percent in December and advanced 0.4 percent in November. On an unadjusted basis, the final demand index declined 0.2 percent for the 12 months ended in January. (See table A.) The increase in the final demand index for January can be traced to a 0.5-percent advance in prices for final demand services. In contrast, the index for final demand goods moved down 0.7 percent. In January, the index for final demand less foods, energy, and trade services advanced 0.2 percent for the second consecutive month. For the 12 months ended in January, prices for final demand less foods, energy, and trade services climbed 0.8 percent. Final demand services: The index for final demand services advanced 0.5 percent in January, the third consecutive rise.