March 2016 Producer Price Index — 2016-04-13

The Producer Price Index for final demand fell 0.1 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices decreased 0.2 percent in February and advanced 0.1 percent in January. On an unadjusted basis, the final demand index moved down 0.1 percent for the 12 months ended in March. (See table A.) The decrease in the final demand index in March can be traced to prices for final demand services, which declined 0.2 percent. In contrast, prices for final demand goods rose 0.2 percent. The index for final demand less foods, energy, and trade services was unchanged in March after four consecutive advances. For the 12 months ended in March, prices for final demand less foods, energy, and trade services rose 0.9 percent. Final demand services: The index for final demand services fell 0.2 percent in March, the first decline since October 2015.