August 2016 Producer Price Index — 2016-09-15

The Producer Price Index for final demand was unchanged in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.4 percent in July and rose 0.5 percent in June. On an unadjusted basis, the final demand index was unchanged for the 12 months ended in August. (See table A.) In August, a 0.1-percent advance in the index for final demand services offset a 0.4-percent decrease in prices for final demand goods. Prices for final demand less foods, energy, and trade services increased 0.3 percent in August after no change in July. For the 12 months ended in August, the index for final demand less foods, energy, and trade services moved up 1.2 percent, the largest rise since climbing 1.3 percent for the 12 months ended December 2014. Final demand services: The index for final demand services edged up 0.1 percent in August following a 0.3-percent decline in July.