May 2017 Producer Price Index — 2017-06-13

The Producer Price Index for final demand was unchanged in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in April and edged down 0.1 percent in March. (See table A.) On an unadjusted basis, the final demand index increased 2.4 percent for the 12 months ended in May. Within final demand in May, a 0.3-percent increase in the index for final demand services offset a 0.5-percent decline in prices for final demand goods. Prices for final demand less foods, energy, and trade services fell 0.1 percent in May, the first decline since a similar 0.1-percent decrease in May 2016. For the 12 months ended May 2017, the index for final demand less foods, energy, and trade services moved up 2.1 percent. Final demand services: Prices for final demand services rose 0.3 percent in May following a 0.4- percent advance in April.