December 2019 Producer Price Index — 2020-01-15

The Producer Price Index for final demand edged up 0.1 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in November and rose 0.4 percent in October. (See table A.) On an unadjusted basis, the final demand index moved up 1.3 percent in 2019, after a 2.6-percent advance in 2018. The December increase in the final demand index was the result of a 0.3-percent rise in prices for final demand goods. The index for final demand services was unchanged. Prices for final demand less foods, energy, and trade services inched up 0.1 percent in December following no change in November. In 2019, the index for final demand less foods, energy, and trade services climbed 1.5 percent after advancing 2.8 percent in 2018. Final demand goods: The index for final demand goods rose 0.3 percent in December, the same as in November.