{"id":142582,"date":"2022-06-14T08:30:27","date_gmt":"2022-06-14T15:30:27","guid":{"rendered":"https:\/\/new.thepinetree.net\/?p=142582"},"modified":"2022-06-14T08:30:27","modified_gmt":"2022-06-14T15:30:27","slug":"more-inflation-woes-as-producer-prices-index-rising-at-10-8","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=142582","title":{"rendered":"More Inflation Woes as Producer Prices Index Rising at 10.8%"},"content":{"rendered":"

Washington, DC..The Producer Price Index for final demand increased 0.8 percent in May, seasonally adjusted, the
\nU.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in April and 1.6 percent in March. (See table A.) On an unadjusted basis, final demand prices moved up 10.8 percent for the 12 months ended in May.<\/p>\n

\"\"<\/a><\/p>\n

In May, nearly two-thirds of the rise in the index for final demand was due to a 1.4-percent
\nadvance in prices for final demand goods. The index for final demand services increased 0.4
\npercent.<\/p>\n

Prices for final demand less foods, energy, and trade services moved up 0.5 percent in May after
\nincreasing 0.4 percent in April. For the 12 months ended in May, the index for final demand less
\nfoods, energy, and trade services rose 6.8 percent.<\/p>\n

Final Demand<\/p>\n

Final demand goods: The index for final demand goods moved up 1.4 percent in May, the fifth
\nconsecutive rise. Over 70 percent of the increase in May can be traced to a 5.0-percent advance in
\nprices for final demand energy. The index for final demand goods less foods and energy moved up
\n0.7 percent, while prices for final demand foods were unchanged.<\/p>\n

Product detail: Forty percent of the May increase in prices for final demand goods can be attributed
\nto an 8.4-percent advance in the index for gasoline. Prices for jet fuel, residential natural gas, steel
\nmill products, diesel fuel, and processed young chickens also moved higher. Conversely, the index
\nfor beef and veal fell 9.5 percent. Prices for iron and steel scrap and for commercial electric power
\nalso decreased. (See table 2.)<\/p>\n

Final demand services: The index for final demand services moved up 0.4 percent in May following
\na 0.2-percent decrease in April. Over half of the broad-based advance can be traced to a 2.9-percent
\nrise in prices for final demand transportation and warehousing services. The indexes for final demand
\ntrade services and for final demand services less trade, transportation, and warehousing also moved
\nhigher, 0.4 percent and 0.1 percent, respectively. (Trade indexes measure changes in margins
\nreceived by wholesalers and retailers.)<\/p>\n

Product detail: Nearly 30 percent of the May increase in the index for final demand services can be
\nattributed to prices for truck transportation of freight, which rose 2.9 percent. The indexes for
\nservices related to securities brokerage and dealing (partial), machinery and equipment wholesaling,
\nchemicals and allied products wholesaling, automobiles and automobile parts retailing, and
\ntransportation of passengers (partial) also advanced. In contrast, margins for fuels and lubricants
\nretailing declined 21.7 percent. The indexes for portfolio management and for guestroom rental also
\nmoved lower.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Table A. Monthly and 12-month percent changes in selected final demand price indexes, seasonally adjusted<\/span><\/caption>\n
Month<\/th>\nTotal
\nfinal
\ndemand<\/th>\n		Final
\ndemand
\nless
\nfoods,
\nenergy,
\nand
\ntrade<\/th>\n		Final demand goods<\/th>\nFinal demand services<\/th>\nChange
\nin final
\ndemand
\nfrom 12
\nmonths
\nago
\n(unadj.)<\/th>\n		Change
\nin final
\ndemand
\nless
\nfoods,
\nenergy,
\nand
\ntrade
\nfrom 12
\nmo. ago
\n(unadj.)<\/th>\n<\/tr>\n
Total<\/th>\nFoods<\/th>\nEnergy<\/th>\nLess
\nfoods
\nand
\nenergy<\/th>\n		Total<\/th>\nTrade<\/th>\nTransportation
\nand
\nwarehousing<\/th>\n		Other<\/th>\n<\/tr>\n<\/thead>\n
\n

2021<\/p>\n<\/th>\n

<\/td>\n<\/tr>\n
\n

May<\/p>\n<\/th>\n

1.0<\/span><\/td>\n0.5<\/span><\/td>\n1.4<\/span><\/td>\n2.5<\/span><\/td>\n1.5<\/span><\/td>\n1.1<\/span><\/td>\n0.7<\/span><\/td>\n1.8<\/span><\/td>\n0.2<\/span><\/td>\n0.2<\/span><\/td>\n7.0<\/span><\/td>\n5.3<\/span><\/td>\n<\/tr>\n
\n

June<\/p>\n<\/th>\n

0.8<\/span><\/td>\n0.6<\/span><\/td>\n1.3<\/span><\/td>\n0.8<\/span><\/td>\n2.9<\/span><\/td>\n1.0<\/span><\/td>\n0.6<\/span><\/td>\n0.8<\/span><\/td>\n1.4<\/span><\/td>\n0.4<\/span><\/td>\n7.6<\/span><\/td>\n5.6<\/span><\/td>\n<\/tr>\n
\n

July<\/p>\n<\/th>\n

0.9<\/span><\/td>\n0.7<\/span><\/td>\n0.8<\/span><\/td>\n-0.9<\/span><\/td>\n2.2<\/span><\/td>\n0.8<\/span><\/td>\n1.0<\/span><\/td>\n1.7<\/span><\/td>\n2.5<\/span><\/td>\n0.5<\/span><\/td>\n8.0<\/span><\/td>\n6.0<\/span><\/td>\n<\/tr>\n
\n

Aug.<\/p>\n<\/th>\n

0.9<\/span><\/td>\n0.4<\/span><\/td>\n1.0<\/span><\/td>\n2.1<\/span><\/td>\n1.3<\/span><\/td>\n0.6<\/span><\/td>\n0.8<\/span><\/td>\n2.1<\/span><\/td>\n0.8<\/span><\/td>\n0.2<\/span><\/td>\n8.7<\/span><\/td>\n6.2<\/span><\/td>\n<\/tr>\n
\n

Sept.<\/p>\n<\/th>\n

0.5<\/span><\/td>\n0.3<\/span><\/td>\n1.2<\/span><\/td>\n2.1<\/span><\/td>\n2.5<\/span><\/td>\n0.6<\/span><\/td>\n0.1<\/span><\/td>\n0.0<\/span><\/td>\n-1.0<\/span><\/td>\n0.3<\/span><\/td>\n8.8<\/span><\/td>\n6.1<\/span><\/td>\n<\/tr>\n
\n

Oct.<\/p>\n<\/th>\n

0.7<\/span><\/td>\n0.4<\/span><\/td>\n1.3<\/span><\/td>\n-0.1<\/span><\/td>\n5.0<\/span><\/td>\n0.7<\/span><\/td>\n0.2<\/span><\/td>\n0.5<\/span><\/td>\n1.1<\/span><\/td>\n-0.1<\/span><\/td>\n8.9<\/span><\/td>\n6.2<\/span><\/td>\n<\/tr>\n
\n

Nov.<\/p>\n<\/th>\n

1.0<\/span><\/td>\n0.8<\/span><\/td>\n0.9<\/span><\/td>\n1.3<\/span><\/td>\n0.9<\/span><\/td>\n0.8<\/span><\/td>\n1.0<\/span><\/td>\n1.3<\/span><\/td>\n2.8<\/span><\/td>\n0.6<\/span><\/td>\n9.9<\/span><\/td>\n7.0<\/span><\/td>\n<\/tr>\n
\n

Dec.<\/p>\n<\/th>\n

0.6<\/span><\/td>\n0.4<\/span><\/td>\n-0.1<\/span><\/td>\n-0.2<\/span><\/td>\n-1.4<\/span><\/td>\n0.4<\/span><\/td>\n0.9<\/span><\/td>\n1.9<\/span><\/td>\n1.6<\/span><\/td>\n0.3<\/span><\/td>\n10.0<\/span><\/td>\n7.0<\/span><\/td>\n<\/tr>\n
\n

2022<\/p>\n<\/th>\n

<\/td>\n<\/tr>\n
\n

Jan.(1<\/a>)<\/span><\/p>\n<\/th>\n

1.2<\/span><\/td>\n0.8<\/span><\/td>\n1.6<\/span><\/td>\n1.8<\/span><\/td>\n4.1<\/span><\/td>\n0.8<\/span><\/td>\n0.9<\/span><\/td>\n1.3<\/span><\/td>\n0.0<\/span><\/td>\n0.8<\/span><\/td>\n10.1<\/span><\/td>\n6.9<\/span><\/td>\n<\/tr>\n
\n

Feb.(1<\/a>)<\/span><\/p>\n<\/th>\n

1.1<\/span><\/td>\n0.2<\/span><\/td>\n2.2<\/span><\/td>\n1.9<\/span><\/td>\n7.2<\/span><\/td>\n0.8<\/span><\/td>\n0.5<\/span><\/td>\n1.7<\/span><\/td>\n2.0<\/span><\/td>\n-0.3<\/span><\/td>\n10.4<\/span><\/td>\n6.8<\/span><\/td>\n<\/tr>\n
\n

Mar.(1<\/a>)<\/span><\/p>\n<\/th>\n

1.6<\/span><\/td>\n1.0<\/span><\/td>\n2.4<\/span><\/td>\n2.4<\/span><\/td>\n6.5<\/span><\/td>\n1.1<\/span><\/td>\n1.2<\/span><\/td>\n1.8<\/span><\/td>\n5.7<\/span><\/td>\n0.4<\/span><\/td>\n11.5<\/span><\/td>\n7.1<\/span><\/td>\n<\/tr>\n
\n

Apr.(1<\/a>)<\/span><\/p>\n<\/th>\n

0.4<\/span><\/td>\n0.4<\/span><\/td>\n1.3<\/span><\/td>\n1.4<\/span><\/td>\n1.6<\/span><\/td>\n1.1<\/span><\/td>\n-0.2<\/span><\/td>\n-0.6<\/span><\/td>\n2.0<\/span><\/td>\n-0.2<\/span><\/td>\n10.9<\/span><\/td>\n6.8<\/span><\/td>\n<\/tr>\n
\n

May<\/p>\n<\/th>\n

0.8<\/span><\/td>\n0.5<\/span><\/td>\n1.4<\/span><\/td>\n0.0<\/span><\/td>\n5.0<\/span><\/td>\n0.7<\/span><\/td>\n0.4<\/span><\/td>\n0.4<\/span><\/td>\n2.9<\/span><\/td>\n0.1<\/span><\/td>\n10.8<\/span><\/td>\n6.8<\/span><\/td>\n<\/tr>\n<\/tbody>\n
\n

Footnotes<\/span>
\n<\/a>(1)\u00a0Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for January 2022 through April 2022 have been revised to reflect the availability of late reports and corrections by respondents.<\/p>\n<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n

Intermediate Demand by Commodity Type\r\n\r\nWithin intermediate demand in May, prices for processed goods advanced 2.3 percent, the index for \r\nunprocessed goods increased 6.3 percent, and prices for services rose 0.6 percent. (See tables B and \r\nC.)\r\n\r\nProcessed goods for intermediate demand: The index for processed goods for intermediate \r\ndemand increased 2.3 percent in May, the fifth consecutive advance. Over half of the broad-based \r\nincrease in May can be traced to a 1.7-percent rise in prices for processed materials less foods and \r\nenergy. The indexes for processed energy goods and for processed foods and feeds also moved \r\nhigher, 4.6 percent and 0.9 percent, respectively. For the 12 months ended in May, prices for \r\nprocessed goods for intermediate demand jumped 21.6 percent.\r\n\r\nProduct detail: One-quarter of the May increase in the index for processed goods for intermediate \r\ndemand can be attributed to a 10.7-percent rise in prices for steel mill products. The indexes for \r\nutility natural gas, gasoline, diesel fuel, jet fuel, and ethanol also advanced. Conversely, prices for \r\ncommercial electric power declined 1.9 percent. The indexes for primary nonferrous metals and for \r\nbeef and veal also moved lower.\r\n\r\nUnprocessed goods for intermediate demand: The index for unprocessed goods for intermediate \r\ndemand climbed 6.3 percent in May, the fifth consecutive advance. Leading the May increase, prices \r\nfor unprocessed energy materials rose 16.3 percent. The index for unprocessed foodstuffs and \r\nfeedstuffs also moved higher, advancing 0.9 percent. In contrast, prices for unprocessed nonfood \r\nmaterials less energy fell 4.2 percent. For the 12 months ended in May, the index for unprocessed \r\ngoods for intermediate demand surged 48.5 percent.\r\n\r\nProduct detail: A major factor in the May increase in prices for unprocessed goods for intermediate \r\ndemand was the index for natural gas, which jumped 39.7 percent. Prices for raw milk, coal, \r\nslaughter steers and heifers, hay and hayseeds, and raw cotton also rose. Conversely, the index for \r\niron and steel scrap dropped 11.8 percent. Prices for crude petroleum and for slaughter hogs also \r\ndecreased. \r\n\r\n<\/pre>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Table B. Monthly and 12-month percent changes in selected intermediate demand price indexes for goods by commodity type, seasonally adjusted<\/span><\/caption>\n
Month<\/th>\nProcessed goods for intermediate demand<\/th>\nUnprocessed goods for intermediate demand<\/th>\n<\/tr>\n
Total<\/th>\nFoods
\nand
\nfeeds<\/th>\n		Energy
\ngoods<\/th>\n		Less
\nfoods
\nand
\nenergy<\/th>\n		Total,
\nchange
\nfrom 12
\nmonths
\nago
\n(unadj.)<\/th>\n		Total<\/th>\nFoodstuffs
\nand
\nfeedstuffs<\/th>\n		Energy
\nmaterials<\/th>\n		Nonfood
\nmaterials
\nless
\nenergy<\/th>\n		Total,
\nchange
\nfrom 12
\nmonths
\nago
\n(unadj.)<\/th>\n<\/tr>\n<\/thead>\n
\n
2021<\/p>\n<\/th>\n
<\/td>\n<\/tr>\n
\n
May<\/p>\n<\/th>\n
2.8<\/span><\/td>\n2.6<\/span><\/td>\n3.3<\/span><\/td>\n2.7<\/span><\/td>\n22.3<\/span><\/td>\n7.9<\/span><\/td>\n6.8<\/span><\/td>\n8.3<\/span><\/td>\n8.8<\/span><\/td>\n57.8<\/span><\/td>\n<\/tr>\n
\n
June<\/p>\n<\/th>\n
1.7<\/span><\/td>\n1.6<\/span><\/td>\n0.8<\/span><\/td>\n2.0<\/span><\/td>\n23.0<\/span><\/td>\n2.1<\/span><\/td>\n-0.5<\/span><\/td>\n5.6<\/span><\/td>\n1.0<\/span><\/td>\n52.9<\/span><\/td>\n<\/tr>\n
\n
July<\/p>\n<\/th>\n
1.6<\/span><\/td>\n-0.6<\/span><\/td>\n3.4<\/span><\/td>\n1.4<\/span><\/td>\n23.1<\/span><\/td>\n3.2<\/span><\/td>\n-1.0<\/span><\/td>\n9.7<\/span><\/td>\n0.6<\/span><\/td>\n56.0<\/span><\/td>\n<\/tr>\n
\n
Aug.<\/p>\n<\/th>\n
1.0<\/span><\/td>\n1.5<\/span><\/td>\n0.0<\/span><\/td>\n1.1<\/span><\/td>\n23.0<\/span><\/td>\n1.4<\/span><\/td>\n3.0<\/span><\/td>\n0.2<\/span><\/td>\n1.4<\/span><\/td>\n52.5<\/span><\/td>\n<\/tr>\n
\n
Sept.<\/p>\n<\/th>\n
1.2<\/span><\/td>\n1.5<\/span><\/td>\n2.1<\/span><\/td>\n0.9<\/span><\/td>\n23.8<\/span><\/td>\n2.8<\/span><\/td>\n0.8<\/span><\/td>\n8.0<\/span><\/td>\n-1.8<\/span><\/td>\n48.5<\/span><\/td>\n<\/tr>\n
\n
Oct.<\/p>\n<\/th>\n
2.4<\/span><\/td>\n-0.4<\/span><\/td>\n6.7<\/span><\/td>\n1.6<\/span><\/td>\n25.7<\/span><\/td>\n6.0<\/span><\/td>\n-2.2<\/span><\/td>\n17.7<\/span><\/td>\n-1.5<\/span><\/td>\n55.5<\/span><\/td>\n<\/tr>\n
\n
Nov.<\/p>\n<\/th>\n
1.5<\/span><\/td>\n0.1<\/span><\/td>\n2.5<\/span><\/td>\n1.4<\/span><\/td>\n26.6<\/span><\/td>\n2.3<\/span><\/td>\n1.3<\/span><\/td>\n2.3<\/span><\/td>\n3.4<\/span><\/td>\n49.6<\/span><\/td>\n<\/tr>\n
\n
Dec.<\/p>\n<\/th>\n
-0.1<\/span><\/td>\n0.1<\/span><\/td>\n-2.7<\/span><\/td>\n0.6<\/span><\/td>\n24.4<\/span><\/td>\n-4.8<\/span><\/td>\n3.8<\/span><\/td>\n-12.1<\/span><\/td>\n-1.8<\/span><\/td>\n40.0<\/span><\/td>\n<\/tr>\n
\n
2022<\/p>\n<\/th>\n
<\/td>\n<\/tr>\n
\n
Jan.(1<\/a>)<\/span><\/p>\n<\/th>\n
2.2<\/span><\/td>\n2.6<\/span><\/td>\n4.7<\/span><\/td>\n1.5<\/span><\/td>\n24.8<\/span><\/td>\n3.1<\/span><\/td>\n2.9<\/span><\/td>\n4.2<\/span><\/td>\n1.1<\/span><\/td>\n36.4<\/span><\/td>\n<\/tr>\n
\n
Feb.(1<\/a>)<\/span><\/p>\n<\/th>\n
1.5<\/span><\/td>\n2.1<\/span><\/td>\n5.8<\/span><\/td>\n0.4<\/span><\/td>\n23.3<\/span><\/td>\n10.0<\/span><\/td>\n5.4<\/span><\/td>\n18.6<\/span><\/td>\n1.5<\/span><\/td>\n33.7<\/span><\/td>\n<\/tr>\n
\n
Mar.(1<\/a>)<\/span><\/p>\n<\/th>\n
2.3<\/span><\/td>\n2.1<\/span><\/td>\n7.2<\/span><\/td>\n0.9<\/span><\/td>\n22.1<\/span><\/td>\n2.7<\/span><\/td>\n7.6<\/span><\/td>\n-4.4<\/span><\/td>\n9.2<\/span><\/td>\n43.3<\/span><\/td>\n<\/tr>\n
\n
Apr.(1<\/a>)<\/span><\/p>\n<\/th>\n
2.0<\/span><\/td>\n3.0<\/span><\/td>\n4.5<\/span><\/td>\n1.1<\/span><\/td>\n21.9<\/span><\/td>\n6.1<\/span><\/td>\n4.3<\/span><\/td>\n10.4<\/span><\/td>\n1.7<\/span><\/td>\n50.8<\/span><\/td>\n<\/tr>\n
\n
May<\/p>\n<\/th>\n
2.3<\/span><\/td>\n0.9<\/span><\/td>\n4.6<\/span><\/td>\n1.7<\/span><\/td>\n21.6<\/span><\/td>\n6.3<\/span><\/td>\n0.9<\/span><\/td>\n16.3<\/span><\/td>\n-4.2<\/span><\/td>\n48.5<\/span><\/td>\n<\/tr>\n<\/tbody>\n
\n
Footnotes<\/span>
\n<\/a>(1)\u00a0Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for January 2022 through April 2022 have been revised to reflect the availability of late reports and corrections by respondents.<\/p>\n<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n
Services for intermediate demand: The index for services for intermediate demand moved up 0.6 \r\npercent in May, the seventh consecutive increase. Over half of the broad-based advance in May is \r\nattributable to a 0.5-percent rise in prices for services less trade, transportation, and warehousing for \r\nintermediate demand. The indexes for trade services for intermediate demand and for transportation \r\nand warehousing services for intermediate demand also moved higher, 0.6 percent and 1.0 percent, \r\nrespectively. For the 12 months ended in May, prices for services for intermediate demand advanced \r\n7.7 percent. \r\n\r\nProduct detail: Over one-third of the May rise in the index for services for intermediate demand can \r\nbe traced to a 39.1-percent jump in prices for services related to securities brokerage and dealing \r\n(partial). The indexes for loan services (partial); machinery and equipment parts and supplies \r\nwholesaling; chemicals and allied products wholesaling; truck transportation of freight; and metals, \r\nminerals, and ores wholesaling also increased. In contrast, margins for fuels and lubricants retailing \r\nfell 21.7 percent. Prices for arrangement of freight and cargo transportation and for portfolio \r\nmanagement also declined.\r\n\r\n<\/pre>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Table C. Monthly and 12-month percent changes in selected intermediate demand price indexes for services by commodity type, seasonally adjusted<\/span><\/caption>\n
Month<\/th>\nServices for intermediate demand<\/th>\n<\/tr>\n
Total<\/th>\nTrade<\/th>\nTransportation
\nand
\nwarehousing<\/th>\n		Other<\/th>\nTotal, change
\nfrom 12 months
\nago (unadj.)<\/th>\n<\/tr>\n<\/thead>\n
\n
2021<\/p>\n<\/th>\n
<\/td>\n<\/tr>\n
\n
May<\/p>\n<\/th>\n
0.6<\/span><\/td>\n2.2<\/span><\/td>\n0.8<\/span><\/td>\n0.1<\/span><\/td>\n8.4<\/span><\/td>\n<\/tr>\n
\n
June<\/p>\n<\/th>\n
1.2<\/span><\/td>\n2.5<\/span><\/td>\n2.0<\/span><\/td>\n0.6<\/span><\/td>\n9.3<\/span><\/td>\n<\/tr>\n
\n
July<\/p>\n<\/th>\n
0.6<\/span><\/td>\n1.1<\/span><\/td>\n0.7<\/span><\/td>\n0.4<\/span><\/td>\n9.5<\/span><\/td>\n<\/tr>\n
\n
Aug.<\/p>\n<\/th>\n
0.4<\/span><\/td>\n1.9<\/span><\/td>\n0.8<\/span><\/td>\n-0.2<\/span><\/td>\n9.0<\/span><\/td>\n<\/tr>\n
\n
Sept.<\/p>\n<\/th>\n
0.3<\/span><\/td>\n-1.2<\/span><\/td>\n2.5<\/span><\/td>\n0.4<\/span><\/td>\n8.2<\/span><\/td>\n<\/tr>\n
\n
Oct.<\/p>\n<\/th>\n
0.0<\/span><\/td>\n0.6<\/span><\/td>\n0.5<\/span><\/td>\n-0.3<\/span><\/td>\n7.4<\/span><\/td>\n<\/tr>\n
\n
Nov.<\/p>\n<\/th>\n
0.6<\/span><\/td>\n-0.6<\/span><\/td>\n1.0<\/span><\/td>\n0.9<\/span><\/td>\n8.1<\/span><\/td>\n<\/tr>\n
\n
Dec.<\/p>\n<\/th>\n
0.8<\/span><\/td>\n1.5<\/span><\/td>\n1.6<\/span><\/td>\n0.5<\/span><\/td>\n8.3<\/span><\/td>\n<\/tr>\n
\n
2022<\/p>\n<\/th>\n
<\/td>\n<\/tr>\n
\n
Jan.(1<\/a>)<\/span><\/p>\n<\/th>\n
0.8<\/span><\/td>\n1.4<\/span><\/td>\n0.6<\/span><\/td>\n0.6<\/span><\/td>\n7.9<\/span><\/td>\n<\/tr>\n
\n
Feb.(1<\/a>)<\/span><\/p>\n<\/th>\n
0.2<\/span><\/td>\n1.3<\/span><\/td>\n0.5<\/span><\/td>\n-0.2<\/span><\/td>\n7.7<\/span><\/td>\n<\/tr>\n
\n
Mar.(1<\/a>)<\/span><\/p>\n<\/th>\n
1.2<\/span><\/td>\n4.0<\/span><\/td>\n2.2<\/span><\/td>\n0.0<\/span><\/td>\n8.3<\/span><\/td>\n<\/tr>\n
\n
Apr.(1<\/a>)<\/span><\/p>\n<\/th>\n
0.7<\/span><\/td>\n0.3<\/span><\/td>\n2.0<\/span><\/td>\n0.6<\/span><\/td>\n7.8<\/span><\/td>\n<\/tr>\n
\n
May<\/p>\n<\/th>\n
0.6<\/span><\/td>\n0.6<\/span><\/td>\n1.0<\/span><\/td>\n0.5<\/span><\/td>\n7.7<\/span><\/td>\n<\/tr>\n<\/tbody>\n
\n
Footnotes<\/span>
\n<\/a>(1)\u00a0Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for January 2022 through April 2022 have been revised to reflect the availability of late reports and corrections by respondents.<\/p>\n<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n
Intermediate Demand by Production Flow\r\n\r\nStage 4 intermediate demand: Prices for stage 4 intermediate demand climbed 1.0 percent in May \r\nfollowing a 0.8-percent rise in April. In May, the index for total goods inputs to stage 4 intermediate \r\ndemand increased 1.3 percent, and prices for total services inputs moved up 0.7 percent. (See table \r\nD.) Advances in the indexes for steel mill products, services related to securities brokerage and \r\ndealing (partial), machinery and equipment parts and supplies wholesaling, gasoline, utility natural \r\ngas, and chemicals and allied products wholesaling outweighed decreases in prices for portfolio \r\nmanagement; securities brokerage, dealing, and investment advice; and beef and veal. For the 12 \r\nmonths ended in May, the index for stage 4 intermediate demand jumped 11.5 percent.\r\n\r\nStage 3 intermediate demand: Prices for stage 3 intermediate demand moved up 1.8 percent in May \r\nafter rising 2.5 percent in April. In May, the index for total goods inputs to stage 3 intermediate \r\ndemand climbed 2.9 percent, and prices for total services inputs advanced 0.6 percent. Increases in \r\nthe indexes for steel mill products; jet fuel; raw milk; diesel fuel; asphalt; and metals, minerals, and \r\nores wholesaling outweighed falling prices for slaughter hogs, arrangement of freight and cargo \r\ntransportation, and slaughter cows and bulls. For the 12 months ended in May, the index for stage 3 \r\nintermediate demand jumped 19.3 percent.\r\n\r\nStage 2 intermediate demand: The index for stage 2 intermediate demand rose 3.9 percent in May, \r\nthe fifth straight advance. In May, prices for total goods inputs to stage 2 intermediate demand \r\njumped 7.5 percent, while the index for total services inputs was unchanged. Increases in prices for \r\ngas fuels, ethanol, loan services (partial), steel mill products, coal, and water transportation of freight \r\noutweighed declines in the indexes for fuels and lubricants retailing, iron and steel scrap, and crude \r\npetroleum. For the 12 months ended in May, prices for stage 2 intermediate demand surged 25.6 \r\npercent, the largest rise since a 26.6-percent advance for the 12 months ended November 2021.\r\n\r\nStage 1 intermediate demand: The index for stage 1 intermediate demand moved up 1.6 percent in \r\nMay, the same as in April. In May, prices for total goods inputs to stage 1 intermediate demand \r\nincreased 2.3 percent, and the index for total services inputs rose 0.9 percent. Higher prices for steel \r\nmill products, utility natural gas, services related to securities brokerage and dealing (partial), diesel \r\nfuel, ethanol, and gasoline outweighed decreases in the indexes for iron and steel scrap; hardware, \r\nbuilding materials, and supplies retailing; and guestroom rental. For the 12 months ended in May, \r\nprices for stage 1 intermediate demand climbed 16.1 percent.\r\n\r\n<\/pre>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Table D. Monthly percent changes in selected intermediate demand price indexes by production flow, seasonally adjusted<\/span><\/caption>\n
Month<\/th>\nStage 4 intermediate
\ndemand<\/th>\n		Stage 3 intermediate
\ndemand<\/th>\n		Stage 2 intermediate
\ndemand<\/th>\n		Stage 1 intermediate
\ndemand<\/th>\n<\/tr>\n
Total<\/th>\nGoods
\ninputs<\/th>\n		Services
\ninputs<\/th>\n		Total<\/th>\nGoods
\ninputs<\/th>\n		Services
\ninputs<\/th>\n		Total<\/th>\nGoods
\ninputs<\/th>\n		Services
\ninputs<\/th>\n		Total<\/th>\nGoods
\ninputs<\/th>\n		Services
\ninputs<\/th>\n<\/tr>\n<\/thead>\n
\n
2021<\/p>\n<\/th>\n
<\/td>\n<\/tr>\n
\n
May<\/p>\n<\/th>\n
1.2<\/span><\/td>\n2.2<\/span><\/td>\n0.5<\/span><\/td>\n2.4<\/span><\/td>\n3.8<\/span><\/td>\n0.9<\/span><\/td>\n3.0<\/span><\/td>\n6.3<\/span><\/td>\n0.3<\/span><\/td>\n2.6<\/span><\/td>\n3.9<\/span><\/td>\n1.3<\/span><\/td>\n<\/tr>\n
\n
June<\/p>\n<\/th>\n
1.3<\/span><\/td>\n1.5<\/span><\/td>\n1.1<\/span><\/td>\n1.6<\/span><\/td>\n1.8<\/span><\/td>\n1.3<\/span><\/td>\n2.1<\/span><\/td>\n3.1<\/span><\/td>\n1.2<\/span><\/td>\n1.5<\/span><\/td>\n1.6<\/span><\/td>\n1.5<\/span><\/td>\n<\/tr>\n
\n
July<\/p>\n<\/th>\n
1.0<\/span><\/td>\n1.0<\/span><\/td>\n1.0<\/span><\/td>\n1.0<\/span><\/td>\n1.6<\/span><\/td>\n0.4<\/span><\/td>\n2.3<\/span><\/td>\n4.3<\/span><\/td>\n0.6<\/span><\/td>\n1.4<\/span><\/td>\n2.1<\/span><\/td>\n0.8<\/span><\/td>\n<\/tr>\n
\n
Aug.<\/p>\n<\/th>\n
0.7<\/span><\/td>\n0.9<\/span><\/td>\n0.6<\/span><\/td>\n1.0<\/span><\/td>\n1.6<\/span><\/td>\n0.4<\/span><\/td>\n0.7<\/span><\/td>\n0.9<\/span><\/td>\n0.5<\/span><\/td>\n0.8<\/span><\/td>\n1.3<\/span><\/td>\n0.5<\/span><\/td>\n<\/tr>\n
\n
Sept.<\/p>\n<\/th>\n
0.4<\/span><\/td>\n0.8<\/span><\/td>\n0.1<\/span><\/td>\n1.1<\/span><\/td>\n1.2<\/span><\/td>\n1.0<\/span><\/td>\n2.2<\/span><\/td>\n3.6<\/span><\/td>\n0.9<\/span><\/td>\n0.2<\/span><\/td>\n0.7<\/span><\/td>\n-0.3<\/span><\/td>\n<\/tr>\n
\n
Oct.<\/p>\n<\/th>\n
0.6<\/span><\/td>\n1.3<\/span><\/td>\n0.0<\/span><\/td>\n1.0<\/span><\/td>\n1.9<\/span><\/td>\n0.2<\/span><\/td>\n3.7<\/span><\/td>\n7.9<\/span><\/td>\n-0.1<\/span><\/td>\n1.1<\/span><\/td>\n2.5<\/span><\/td>\n-0.3<\/span><\/td>\n<\/tr>\n
\n
Nov.<\/p>\n<\/th>\n
1.1<\/span><\/td>\n1.5<\/span><\/td>\n0.7<\/span><\/td>\n0.8<\/span><\/td>\n1.2<\/span><\/td>\n0.4<\/span><\/td>\n1.2<\/span><\/td>\n1.7<\/span><\/td>\n0.7<\/span><\/td>\n1.3<\/span><\/td>\n2.0<\/span><\/td>\n0.5<\/span><\/td>\n<\/tr>\n
\n
Dec.<\/p>\n<\/th>\n
0.7<\/span><\/td>\n0.5<\/span><\/td>\n0.8<\/span><\/td>\n0.8<\/span><\/td>\n0.7<\/span><\/td>\n0.9<\/span><\/td>\n-2.2<\/span><\/td>\n-5.6<\/span><\/td>\n1.2<\/span><\/td>\n0.4<\/span><\/td>\n0.0<\/span><\/td>\n0.8<\/span><\/td>\n<\/tr>\n
\n
2022<\/p>\n<\/th>\n
<\/td>\n<\/tr>\n
\n
Jan.(1<\/a>)<\/span><\/p>\n<\/th>\n
1.5<\/span><\/td>\n2.1<\/span><\/td>\n1.0<\/span><\/td>\n1.6<\/span><\/td>\n2.6<\/span><\/td>\n0.7<\/span><\/td>\n1.4<\/span><\/td>\n2.7<\/span><\/td>\n0.1<\/span><\/td>\n1.4<\/span><\/td>\n1.8<\/span><\/td>\n1.0<\/span><\/td>\n<\/tr>\n
\n
Feb.(1<\/a>)<\/span><\/p>\n<\/th>\n
0.6<\/span><\/td>\n1.2<\/span><\/td>\n0.0<\/span><\/td>\n1.4<\/span><\/td>\n2.6<\/span><\/td>\n0.1<\/span><\/td>\n4.4<\/span><\/td>\n8.6<\/span><\/td>\n0.3<\/span><\/td>\n1.0<\/span><\/td>\n1.6<\/span><\/td>\n0.2<\/span><\/td>\n<\/tr>\n
\n
Mar.(1<\/a>)<\/span><\/p>\n<\/th>\n
1.1<\/span><\/td>\n1.6<\/span><\/td>\n0.7<\/span><\/td>\n3.1<\/span><\/td>\n4.6<\/span><\/td>\n1.5<\/span><\/td>\n0.7<\/span><\/td>\n0.1<\/span><\/td>\n1.3<\/span><\/td>\n2.7<\/span><\/td>\n3.3<\/span><\/td>\n2.1<\/span><\/td>\n<\/tr>\n
\n
Apr.(1<\/a>)<\/span><\/p>\n<\/th>\n
0.8<\/span><\/td>\n1.2<\/span><\/td>\n0.5<\/span><\/td>\n2.5<\/span><\/td>\n3.7<\/span><\/td>\n1.2<\/span><\/td>\n3.0<\/span><\/td>\n5.2<\/span><\/td>\n0.8<\/span><\/td>\n1.6<\/span><\/td>\n2.4<\/span><\/td>\n0.6<\/span><\/td>\n<\/tr>\n
\n
May<\/p>\n<\/th>\n
1.0<\/span><\/td>\n1.3<\/span><\/td>\n0.7<\/span><\/td>\n1.8<\/span><\/td>\n2.9<\/span><\/td>\n0.6<\/span><\/td>\n3.9<\/span><\/td>\n7.5<\/span><\/td>\n0.0<\/span><\/td>\n1.6<\/span><\/td>\n2.3<\/span><\/td>\n0.9<\/span><\/td>\n<\/tr>\n<\/tbody>\n
\n
Footnotes<\/span>
\n<\/a>(1)\u00a0Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for January 2022 through April 2022 have been revised to reflect the availability of late reports and corrections by respondents.<\/p>\n<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n
________________\r\nThe Producer Price Index for June 2022 is scheduled to be released on Thursday, July 14, 2022, \r\nat 8:30 a.m. (ET).\r\n\r\n<\/pre>\n
\u00a0Technical notes<\/a><\/div>\n
\u00a0Table 1. Producer price index percent changes and weights for Final Demand – Intermediate Demand groupings, seasonally adjusted<\/a><\/div>\n
\u00a0Table 2. Producer price index percent changes for selected commodity groupings by Final Demand – Intermediate Demand category, seasonally adjusted<\/a><\/div>\n
\u00a0Table 3. Producer price indexes Final Demand – Intermediate Demand groupings, seasonally adjusted<\/a><\/div>\n
\u00a0HTML version of the entire news release<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"
Washington, DC..The Producer Price Index for final demand increased 0.8 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in April and 1.6 percent in March. (See table A.) On an unadjusted basis, final demand prices moved up 10.8 percent for the 12 months […]<\/p>\n","protected":false},"author":1,"featured_media":142586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,20,5,1],"tags":[],"class_list":["post-142582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-government","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/06\/ppi-for-final-demand-1-m.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/142582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142582"}],"version-history":[{"count":1,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/142582\/revisions"}],"predecessor-version":[{"id":142587,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/142582\/revisions\/142587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/142586"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}