{"id":144223,"date":"2022-07-14T08:14:47","date_gmt":"2022-07-14T15:14:47","guid":{"rendered":"https:\/\/new.thepinetree.net\/?p=144223"},"modified":"2022-07-14T08:14:47","modified_gmt":"2022-07-14T15:14:47","slug":"producer-prices-continue-to-soar-with-1-1-spike-in-june","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=144223","title":{"rendered":"Producer Prices Continue to Soar with 1.1% Spike in June"},"content":{"rendered":"

Washington, DC…The Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in May and 0.4 percent in April. (See table A.) On an unadjusted basis, final demand prices moved up 11.3 percent for the 12 months ended in June, the largest increase since a record 11.6-percent jump in March 2022. In June, three-fourths of the advance in the index for final demand was due to a 2.4-percent rise in prices for final demand goods. The index for final demand services increased 0.4 percent.<\/p>\n

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

Prices for final demand less foods, energy, and trade services moved up 0.3 percent in June after
\nadvancing 0.4 percent in both May and April. For the 12 months ended in June, the index for
\nfinal demand less foods, energy, and trade services rose 6.4 percent.<\/p>\n

Final Demand<\/p>\n

Final demand goods: The index for final demand goods moved up 2.4 percent in June, the sixth
\nconsecutive rise. Nearly 90 percent of the June increase can be traced to a 10.0-percent jump in
\nprices for final demand energy. The indexes for final demand goods less foods and energy and for
\nfinal demand foods advanced 0.5 percent and 0.1 percent, respectively.<\/p>\n

Product detail: Over half of the June increase in the index for final demand goods is attributable to
\ngasoline prices, which jumped 18.5 percent. The indexes for diesel fuel, electric power, residential
\nnatural gas, motor vehicles and equipment, and processed young chickens also moved higher. In
\ncontrast, prices for chicken eggs dropped 30.2 percent. The indexes for iron and steel scrap and for
\njet fuel also decreased. (See table 2.)<\/p>\n

Final demand services: The index for final demand services rose 0.4 percent in June after climbing
\n0.6 percent in May. Two-thirds of the broad-based advance in June can be traced to a 0.8-percent
\nincrease in margins for final demand trade services. (Trade indexes measure changes in margins
\nreceived by wholesalers and retailers.) Prices for final demand services less trade, transportation, and
\nwarehousing and for final demand transportation and warehousing services also moved higher, 0.1
\npercent and 0.8 percent, respectively.<\/p>\n

Product detail: Over 30 percent of the June advance in the index for final demand services can be
\ntraced to margins for food and alcohol retailing, which rose 3.8 percent. The indexes for machinery
\nand equipment wholesaling, outpatient care (partial), transportation of passengers (partial),
\nguestroom rental, and hospital inpatient care also increased. Conversely, prices for portfolio
\nmanagement declined 2.7 percent. The indexes for automobile retailing (partial) and for long-
\ndistance motor carrying also moved 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

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.<\/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>\n6.7<\/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>\n6.6<\/span><\/td>\n1.1<\/span><\/td>\n1.2<\/span><\/td>\n1.8<\/span><\/td>\n5.6<\/span><\/td>\n0.4<\/span><\/td>\n11.6<\/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>\n1.5<\/span><\/td>\n1.6<\/span><\/td>\n1.1<\/span><\/td>\n-0.1<\/span><\/td>\n-0.3<\/span><\/td>\n2.0<\/span><\/td>\n-0.3<\/span><\/td>\n11.0<\/span><\/td>\n6.8<\/span><\/td>\n<\/tr>\n
\n

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

0.9<\/span><\/td>\n0.4<\/span><\/td>\n1.4<\/span><\/td>\n0.5<\/span><\/td>\n4.6<\/span><\/td>\n0.6<\/span><\/td>\n0.6<\/span><\/td>\n1.0<\/span><\/td>\n2.7<\/span><\/td>\n0.1<\/span><\/td>\n10.9<\/span><\/td>\n6.7<\/span><\/td>\n<\/tr>\n
\n

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

1.1<\/span><\/td>\n0.3<\/span><\/td>\n2.4<\/span><\/td>\n0.1<\/span><\/td>\n10.0<\/span><\/td>\n0.5<\/span><\/td>\n0.4<\/span><\/td>\n0.8<\/span><\/td>\n0.8<\/span><\/td>\n0.1<\/span><\/td>\n11.3<\/span><\/td>\n6.4<\/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 February 2022 through May 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 June, prices for processed goods advanced 2.3 percent, the index for \r\nunprocessed goods increased 9.5 percent, and prices for services were unchanged. (See tables B and \r\nC.)\r\n\r\nProcessed goods for intermediate demand: The index for processed goods for intermediate \r\ndemand moved up 2.3 percent in June, the sixth consecutive advance. Most of the broad-based \r\nincrease in June can be traced to a 9.9-percent rise in prices for processed energy goods. The indexes \r\nfor processed materials less foods and energy and for processed foods and feeds also moved higher, \r\nboth advancing 0.2 percent in June. For the 12 months ended in June, prices for processed goods for \r\nintermediate demand jumped 22.2 percent.\r\n\r\nProduct detail: Forty percent of the June increase in the index for processed goods for intermediate \r\ndemand can be attributed to a 13.9-percent rise in prices for diesel fuel. The indexes for gasoline, \r\nutility natural gas, commercial electric power, lubricating oil base stocks, and plastic resins and \r\nmaterials also advanced. In contrast, prices for softwood lumber dropped 22.6 percent. The indexes \r\nfor jet fuel and for fresh sausage also moved lower.\r\n\r\nUnprocessed goods for intermediate demand: The index for unprocessed goods for intermediate \r\ndemand climbed 9.5 percent in June, the sixth consecutive advance. Leading the June increase, prices \r\nfor unprocessed energy materials rose 20.4 percent. The index for unprocessed foodstuffs and \r\nfeedstuffs advanced 0.2 percent. Conversely, prices for unprocessed nonfood materials less energy \r\nfell 2.2 percent. For the 12 months ended in June, the index for unprocessed goods for intermediate \r\ndemand surged 58.0 percent, the largest increase since a 59.2-percent jump for the 12 months ended \r\nApril 2021. \r\n\r\nProduct detail: Nearly 60 percent of the June increase in prices for unprocessed goods for \r\nintermediate demand can be traced to the index for natural gas, which jumped 24.3 percent. Prices for \r\ncrude petroleum; corn; slaughter cattle; oilseeds; and construction sand, gravel, and crushed stone \r\nalso rose. In contrast, the index for iron and steel scrap fell 10.4 percent. Prices for ungraded chicken \r\neggs and for nonferrous scrap also decreased. \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
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.<\/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>\n9.8<\/span><\/td>\n5.4<\/span><\/td>\n18.2<\/span><\/td>\n1.5<\/span><\/td>\n33.5<\/span><\/td>\n<\/tr>\n
\n
Mar.(1<\/a>)<\/span><\/p>\n<\/th>\n
2.3<\/span><\/td>\n2.1<\/span><\/td>\n7.3<\/span><\/td>\n0.9<\/span><\/td>\n22.1<\/span><\/td>\n2.7<\/span><\/td>\n7.6<\/span><\/td>\n-4.3<\/span><\/td>\n9.1<\/span><\/td>\n43.1<\/span><\/td>\n<\/tr>\n
\n
Apr.(1<\/a>)<\/span><\/p>\n<\/th>\n
2.1<\/span><\/td>\n3.1<\/span><\/td>\n5.0<\/span><\/td>\n1.2<\/span><\/td>\n22.1<\/span><\/td>\n5.6<\/span><\/td>\n4.3<\/span><\/td>\n9.1<\/span><\/td>\n1.9<\/span><\/td>\n49.9<\/span><\/td>\n<\/tr>\n
\n
May(1<\/a>)<\/span><\/p>\n<\/th>\n
2.1<\/span><\/td>\n1.1<\/span><\/td>\n4.2<\/span><\/td>\n1.6<\/span><\/td>\n21.5<\/span><\/td>\n6.2<\/span><\/td>\n0.2<\/span><\/td>\n16.7<\/span><\/td>\n-4.2<\/span><\/td>\n47.5<\/span><\/td>\n<\/tr>\n
\n
June<\/p>\n<\/th>\n
2.3<\/span><\/td>\n0.2<\/span><\/td>\n9.9<\/span><\/td>\n0.2<\/span><\/td>\n22.2<\/span><\/td>\n9.5<\/span><\/td>\n0.2<\/span><\/td>\n20.4<\/span><\/td>\n-2.2<\/span><\/td>\n58.0<\/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 February 2022 through May 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 was unchanged \r\nin June, following seven consecutive advances. In June, a 0.2-percent increase in margins for trade \r\nservices for intermediate demand offset decreases in the indexes for services less trade, \r\ntransportation, and warehousing for intermediate demand and for transportation and warehousing \r\nservices for intermediate demand, which fell 0.1 and 0.2 percent respectively. For the 12 months \r\nended in June, prices for services for intermediate demand rose 6.3 percent. \r\n\r\nProduct detail: Within the index for services for intermediate demand in June, margins for \r\nmachinery and equipment parts and supplies wholesaling moved up 2.1 percent. Prices for loan \r\nservices (partial); transportation of passengers (partial); gross rents for retail properties; and \r\nwarehousing, storage, and related services also increased. In contrast, the index for securities \r\nbrokerage, dealing, investment advice, and related services fell 4.4 percent. The indexes for portfolio \r\nmanagement; television advertising time sales; arrangement of freight and cargo transportation; and \r\nmetals, minerals, and ores wholesaling 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
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.<\/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>\n1.4<\/span><\/td>\n0.4<\/span><\/td>\n-0.2<\/span><\/td>\n7.8<\/span><\/td>\n<\/tr>\n
\n
Mar.(1<\/a>)<\/span><\/p>\n<\/th>\n
1.2<\/span><\/td>\n4.0<\/span><\/td>\n2.1<\/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>\n0.6<\/span><\/td>\n1.7<\/span><\/td>\n0.6<\/span><\/td>\n7.8<\/span><\/td>\n<\/tr>\n
\n
May(1<\/a>)<\/span><\/p>\n<\/th>\n
0.4<\/span><\/td>\n0.4<\/span><\/td>\n0.9<\/span><\/td>\n0.3<\/span><\/td>\n7.6<\/span><\/td>\n<\/tr>\n
\n
June<\/p>\n<\/th>\n
0.0<\/span><\/td>\n0.2<\/span><\/td>\n-0.2<\/span><\/td>\n-0.1<\/span><\/td>\n6.3<\/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 February 2022 through May 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: The index for stage 4 intermediate demand moved up 0.6 percent in \r\nJune following a 0.8-percent increase in May. In June, prices for total goods inputs to stage 4 \r\nintermediate demand advanced 1.3 percent, while the index for total services inputs was unchanged. \r\n(See table D.) Increases in the indexes for gasoline, machinery and equipment parts and supplies \r\nwholesaling, commercial electric power, diesel fuel, utility natural gas, and loan services (partial) \r\noutweighed declining prices for securities brokerage, dealing, investment advice, and related \r\nservices; portfolio management; and softwood lumber. For the 12 months ended in June, the index \r\nfor stage 4 intermediate demand rose 10.8 percent.\r\n\r\nStage 3 intermediate demand: The index for stage 3 intermediate demand advanced 0.9 percent in \r\nJune after moving up 1.6 percent in May. In June, prices for total goods inputs to stage 3 intermediate \r\ndemand rose 1.9 percent. Conversely, the index for total services inputs fell 0.3 percent. Increasing \r\nprices for diesel fuel, gasoline, slaughter cattle, corn, raw milk, and loan services (partial) \r\noutweighed decreasing indexes for television advertising time sales, ungraded chicken eggs, and cold \r\nrolled steel sheet and strip. For the 12 months ended in June, prices for stage 3 intermediate demand \r\nadvanced 18.1 percent.\r\n\r\nStage 2 intermediate demand: The index for stage 2 intermediate demand rose 5.4 percent in June, \r\nthe largest increase since moving up 5.5 percent in February 2021. In June, prices for total goods \r\ninputs to stage 2 intermediate demand jumped 9.9 percent, and the index for total services inputs \r\nincreased 0.3 percent. Advances in the indexes for gas fuels, crude petroleum, loan services (partial), \r\noilseeds, coal, and machinery and equipment parts and supplies wholesaling outweighed declines in \r\nprices for iron and steel scrap, arrangement of freight and cargo transportation, and softwood lumber. \r\nFor the 12 months ended in June, the index for stage 2 intermediate demand jumped 29.4 percent, the \r\nlargest increase since 12-month data were first calculated in November 2010.\r\n\r\nStage 1 intermediate demand: The index for stage 1 intermediate demand advanced 1.4 percent in \r\nJune after increasing 1.3 percent in May. In June, prices for total goods inputs to stage 1 intermediate \r\ndemand rose 2.8 percent. In contrast, the index for total services inputs fell 0.3 percent. Higher prices \r\nfor diesel fuel, utility natural gas, gasoline, commercial electric power, guestroom rental, and \r\ntransportation of passengers (partial) outweighed declines in the indexes for securities brokerage, \r\ndealing, investment advice, and related services; iron and steel scrap, and cold rolled steel sheet and \r\nstrip. For the 12 months ended in June, prices for stage 1 intermediate demand jumped 15.8 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
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.<\/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>\n4.3<\/span><\/td>\n8.4<\/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>\n0.2<\/span><\/td>\n1.3<\/span><\/td>\n2.7<\/span><\/td>\n3.3<\/span><\/td>\n2.0<\/span><\/td>\n<\/tr>\n
\n
Apr.(1<\/a>)<\/span><\/p>\n<\/th>\n
0.9<\/span><\/td>\n1.3<\/span><\/td>\n0.6<\/span><\/td>\n2.5<\/span><\/td>\n3.8<\/span><\/td>\n1.1<\/span><\/td>\n2.7<\/span><\/td>\n4.7<\/span><\/td>\n0.8<\/span><\/td>\n1.7<\/span><\/td>\n2.7<\/span><\/td>\n0.6<\/span><\/td>\n<\/tr>\n
\n
May(1<\/a>)<\/span><\/p>\n<\/th>\n
0.8<\/span><\/td>\n1.3<\/span><\/td>\n0.4<\/span><\/td>\n1.6<\/span><\/td>\n2.4<\/span><\/td>\n0.6<\/span><\/td>\n3.8<\/span><\/td>\n7.4<\/span><\/td>\n0.1<\/span><\/td>\n1.3<\/span><\/td>\n2.1<\/span><\/td>\n0.6<\/span><\/td>\n<\/tr>\n
\n
June<\/p>\n<\/th>\n
0.6<\/span><\/td>\n1.3<\/span><\/td>\n0.0<\/span><\/td>\n0.9<\/span><\/td>\n1.9<\/span><\/td>\n-0.3<\/span><\/td>\n5.4<\/span><\/td>\n9.9<\/span><\/td>\n0.3<\/span><\/td>\n1.4<\/span><\/td>\n2.8<\/span><\/td>\n-0.3<\/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 February 2022 through May 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 July 2022 is scheduled to be released on Thursday, August 11, 2022, \r\nat 8:30 a.m. (ET).\r\n\r\n\r\n                                                   *****\r\n\r\n                                    Resampling of Industries - June 2022\r\n\r\nEffective with the release of data for June 2022, the Producer Price Index (PPI) includes data for \r\n9 resampled industries and 1 newly introduced industry classified according to the 2017 North \r\nAmerican Industry Classification System (NAICS). The Bureau of Labor Statistics periodically \r\nupdates the sample of producers providing data for the PPI to reflect current conditions more \r\naccurately when the structure, membership, technology, or product mix of an industry shifts. The \r\nfirst results of this systematic process were published in July 1986. Subsequent efforts have been \r\ncompleted at regular intervals.  \r\n\r\nFor information on index additions, deletions, and recodes effective June 2022, see the current \r\nissue of the PPI Detailed Report online at www.bls.gov\/ppi\/detailed-report\/ppi-detailed-report-\r\njune-2022.pdf, or contact the PPI Section of Index Analysis and Public Information at ppi-\r\ninfo@bls.gov or (202) 691-7705.\r\n\r\nNAICS\r\nCode                    Industry\r\n236224        New health care building construction\r\n311351        Chocolate and confectionery manufacturing from cacao\r\n313110        Fiber, yarn, and thread mills\r\n321219        Reconstituted wood product manufacturing\r\n325413        In-vitro diagnostic substance manufacturing\r\n327110        Pottery, ceramics, and plumbing fixture manufacturing\r\n334412        Bare printed circuit board manufacturing\r\n486210        Pipeline transportation of natural gas*\r\n511210        Software publishers\r\n517311        Wired telecommunications carriers\r\n\r\n*  For further discussion of this newly introduced PPI, see the June 2022 issue of the PPI \r\nDetailed Report.\r\n\r\n                                                   *****\r\n\r\n\r\n        PPI Introduces Detailed Indexes for Defense and Non-defense Government Purchases\r\n\r\nEffective with the release of Producer Price Index (PPI) data for June 2022, the Bureau of Labor \r\nStatistics introduced two PPI special grouping indexes to the Final Demand portion of the Final \r\nDemand-Intermediate Demand (FD-ID) aggregation system. Under the Government Purchases \r\nsection of Final demand, PPI is introducing sub-indexes that reflect changes in prices for \r\ndefense-related and non-defense-related government purchases. Historical data for the new \r\nindexes will go back to 2015. The official index codes and titles for the new indexes are provided \r\nbelow.\r\n\r\n*  FD49405 - Government purchases, defense \r\n*  FD49406 - Government purchases, non-defense \r\n\r\nThese indexes, constructed at the request of the U.S. Department of Defense, are calculated using \r\nweight data from the Bureau of Economic Analysis (BEA) Input\/Output (I\/O) Accounts. The \r\nBEA I\/O data provide detailed commodity use information for the Government purchases sector. \r\nAllocations based on the detailed I\/O data are being applied to the weights of the existing PPI \r\nGovernment purchases index to calculate detailed weights for the new sub-indexes.\r\n\r\nData for the two new indexes appear under the Special Groupings heading of the Final Demand \r\nsection of tables 1 and 3 of this release, and in tables 1, 3, 4, and 5 of the PPI Detailed Report. \r\n\r\nFor further information, contact the PPI Section of Index Analysis and Public Information at ppi-\r\ninfo@bls.gov or (202) 691-7705.\r\n\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
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The PDF version of the news release<\/a><\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Washington, DC…The Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in May and 0.4 percent in April. (See table A.) On an unadjusted basis, final demand prices moved up 11.3 percent for the 12 months […]<\/p>\n","protected":false},"author":1,"featured_media":144225,"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-144223","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\/07\/PPIJune22.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/144223","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=144223"}],"version-history":[{"count":1,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/144223\/revisions"}],"predecessor-version":[{"id":144226,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/144223\/revisions\/144226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/144225"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}