August 2019 Producer Price Index — 2019-09-11

The Producer Price Index for final demand rose 0.1 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.2 percent in July and 0.1 percent in June. (See table A.) On an unadjusted basis, the final demand index rose 1.8 percent for the 12 months ended in August. In August, the advance in final demand prices is attributable to a 0.3-percent increase in the index for final demand services. In contrast, prices for final demand goods fell 0.5 percent. The index for final demand less foods, energy, and trade services rose 0.4 percent in August following a 0.1-percent decline in July. For the 12 months ended in August, prices for final demand less foods, energy, and trade services moved up 1.9 percent. Final demand services: The index for final demand services advanced 0.3 percent in August after edging down 0.1 percent in July.