November 2023 Producer Price Index — 2023-12-13

The Producer Price Index for final demand was unchanged in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices decreased 0.4 percent in October and rose 0.4 percent in September. (See table A.) On an unadjusted basis, the index for final demand increased 0.9 percent for the 12 months ended in November. In November, the indexes for both final demand goods and for final demand services were unchanged. The index for final demand less foods, energy, and trade services edged up 0.1 percent in November, the sixth consecutive advance. For the 12 months ended in November, prices for final demand less foods, energy, and trade services rose 2.5 percent. Final demand goods: The index for final demand goods was unchanged in November after dropping 1.4 percent in October.