March 2021 Producer Price Index — 2021-04-09

The Producer Price Index for final demand increased 1.0 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in February and 1.3 percent in January. (See table A.) On an unadjusted basis, the final demand index moved up 4.2 percent for the 12 months ended in March, the largest advance since rising 4.5 percent for the 12 months ended September 2011. In March, almost 60 percent of the increase in the index for final demand can be traced to a 1.7- percent advance in prices for final demand goods. The index for final demand services moved up 0.7 percent. Prices for final demand less foods, energy, and trade services rose 0.6 percent in March following an increase of 0.2 percent in February.