October 2019 Producer Price Index — 2019-11-14

The Producer Price Index for final demand increased 0.4 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices fell 0.3 percent in September and edged up 0.1 percent in August. (See table A.) On an unadjusted basis, the final demand index advanced 1.1 percent for the 12 months ended in October, the smallest rise since a 1.1-percent increase in the 12 months ended October 2016. In October, the index for final demand services rose 0.3 percent, and prices for final demand goods increased 0.7 percent. The index for final demand less foods, energy, and trade services inched up 0.1 percent in October after no change in September. For the 12 months ended in October, prices for final demand less foods, energy, and trade services advanced 1.5 percent. Final demand services: The index for final demand services moved up 0.3 percent in October following a 0.2-percent decline in September.