September 2022 Producer Price Index — 2022-10-12

The Producer Price Index for final demand increased 0.4 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in August and 0.4 percent in July. (See table A.) On an unadjusted basis, the index for final demand advanced 8.5 percent for the 12 months ended in September. In September, two-thirds of the increase in the index for final demand can be traced to a 0.4- percent rise in prices for final demand services. The index for final demand goods also advanced 0.4 percent. Prices for final demand less foods, energy, and trade services advanced 0.4 percent in September, the largest rise since increasing 0.5 percent in May. For the 12 months ended in September, the index for final demand less foods, energy, and trade services moved up 5.6 percent. Final demand services: Prices for final demand services advanced 0.4 percent in September after climbing 0.3 percent in August.