October 2021 Producer Price Index — 2021-11-09

The Producer Price Index for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October. Over 60 percent of the October increase in the index for final demand can be traced to a 1.2- percent rise in prices for final demand goods. The index for final demand services moved up 0.2 percent, and prices for final demand construction advanced 6.6 percent. Prices for final demand less foods, energy, and trade services moved up 0.4 percent in October after increasing 0.1 percent in September. For the 12 months ended in October, the index for final demand less foods, energy, and trade services rose 6.2 percent.