August 2014 Producer Price Index — 2014-09-16

The Producer Price Index for final demand was unchanged in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.1 percent in July and 0.4 percent in June. On an unadjusted basis, the index for final demand increased 1.8 percent for the 12 months ended in August. (See table A.) In August, a 0.3-percent rise in prices for final demand services offset a 0.3-percent decrease in the index for final demand goods. Within intermediate demand, prices for processed goods fell 0.3 percent, the index for unprocessed goods declined 3.3 percent, and prices for services moved up 0.2 percent. (See tables B and C.) (Final demand includes goods, services, and construction which are sold for personal consumption, capital investment, government purchases, and export. See table 4 for product detail.) Final demand services: The final demand services index climbed 0.3 percent in August after inching up 0.1 percent in July.