January 2025 Producer Price Index — 2025-02-13

The Producer Price Index for final demand increased 0.4 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in December 2024 and 0.2 percent in November. (See table A.) On an unadjusted basis, the index for final demand moved up 3.5 percent for the 12 months ended January 2025. Leading the broad-based January advance in the index for final demand, prices for final demand services rose 0.3 percent. The index for final demand goods moved up 0.6 percent. The index for final demand less foods, energy, and trade services rose 0.3 percent in January after moving up 0.4 percent in December. For the 12 months ended in January, prices for final demand less foods, energy, and trade services advanced 3.4 percent. Final demand services: The index for final demand services moved up 0.3 percent in January, the sixth consecutive increase.