October 2015 Producer Price Index — 2015-11-13

The Producer Price Index for final demand decreased 0.4 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved down 0.5 percent in September and were unchanged in August. On an unadjusted basis, the final demand index fell 1.6 percent for the 12 months ended in October, a record 12-month decline for this index, which was introduced in November 2009. (See table A.) In October, 70 percent of the decrease in the final demand index can be traced to prices for final demand services, which moved down 0.3 percent. The index for final demand goods declined 0.4 percent. Within intermediate demand, prices for processed goods fell 0.4 percent, the index for unprocessed goods was unchanged, and prices for services decreased 0.4 percent. (See tables B and C.) Final demand services: The index for final demand services moved down 0.3 percent in October following a 0.4-percent decline in the prior month.