January 2022 Producer Price Index — 2022-02-15

Note: The Producer Price Index news release for January 2022, initially issued on February 15, 2022, contained incorrect data in table 2 for residential natural gas for the months of September 2021 through November 2021. BLS reissued the news release on February 16, 2022, with a corrected table 2. The Producer Price Index for final demand increased 1.0 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in December 2021 and 0.9 percent in November. (See table A.) On an unadjusted basis, final demand prices moved up 9.7 percent for the 12 months ended January 2022. In January, the index for final demand services rose 0.7 percent, and prices for final demand goods moved up 1.3 percent. Prices for final demand less foods, energy, and trade services increased 0.9 percent in January 2022, the largest increase since rising 1.0 percent in January 2021.