February 2020 Producer Price Index — 2020-03-12

The Producer Price Index for final demand fell 0.6 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.5 percent in January and 0.2 percent in December. (See table A.) On an unadjusted basis, the final demand index increased 1.3 percent for the 12 months ended in February. In February, 60 percent of the decline in the final demand index can be traced to a 0.9-percent decrease in prices for final demand goods. The index for final demand services moved down 0.3 percent. Prices for final demand less foods, energy, and trade services inched down 0.1 percent in February, the first decline since falling 0.1 percent in June 2019. For the 12 months ended in February, the index for final demand less foods, energy, and trade services rose 1.4 percent.