September 2020 Producer Price Index — 2020-10-14

The Producer Price Index for final demand advanced 0.4 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.3 percent in August and 0.6 percent in July. (See table A). On an unadjusted basis, the final demand index increased 0.4 percent for the 12 months ended in September, the first advance since moving up 0.3 percent for the 12 months ended in March. In September, nearly two-thirds of the rise in prices for final demand is attributable to a 0.4- percent increase in the index for final demand services. Prices for final demand goods also moved up 0.4 percent. The index for final demand less foods, energy, and trade services advanced 0.4 percent in September, the largest increase since rising 0.4 percent in April 2019.