April 2021 Producer Price Index — 2021-05-13

The Producer Price Index for final demand increased 0.6 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 1.0 percent in March and 0.5 percent in February. (See table A.) On an unadjusted basis, the final demand index moved up 6.2 percent for the 12 months ended in April, the largest advance since 12- month data were first calculated in November 2010. About two-thirds of the April advance in the final demand index can be traced to a 0.6-percent increase in prices for final demand services. The index for final demand goods also moved up 0.6 percent. The index for final demand less foods, energy, and trade services rose 0.7 percent in April following an increase of 0.6 percent in March.