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PPI for final demand increases 0.4% in May; goods rise 0.7%; services advance 0.2%
PPI for final demand increases 0.4% in May; goods rise 0.7%; services advance 0.2%Economic News Release USDL 16-1196
Producer Price Index News Release
Transmission of material in this release is embargoed until 8:30 a.m. (EDT), Wednesday, June 15, 2016
Technical information: (202) 691-7705 * ppi-info@bls.gov * www.bls.gov/ppi
Media contact: (202) 691-5902 * PressOffice@bls.gov
PRODUCER PRICE INDEXES - MAY 2016
The Producer Price Index for final demand increased 0.4 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.2 percent in April and declined 0.1 percent in March. On an unadjusted basis, the final demand index inched down 0.1 percent for the 12 months ended in May. (See table A.)
In May, over 60 percent of the advance in the final demand index can be traced to prices for final demand goods, which climbed 0.7 percent. The index for final demand services moved up 0.2 percent.
Prices for final demand less foods, energy, and trade services edged down 0.1 percent in May after rising 0.3 percent in April. For the 12 months ended in May, the index for final demand less foods, energy, and trade services increased 0.8 percent.
Final Demand
Final demand goods: The index for final demand goods rose 0.7 percent in May, the largest advance since a 1.2-percent jump in May 2015. Two-thirds of the May 2016 increase can be traced to prices for final demand energy, which climbed 2.8 percent. The indexes for final demand goods less foods and energy and for final demand foods both moved up 0.3 percent.
....
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The Producer Price Index for June 2016 is scheduled to be released on Thursday, July 14, 2016 at 8:30 a.m. (EDT).
Producer Price Index News Release
Transmission of material in this release is embargoed until 8:30 a.m. (EDT), Wednesday, June 15, 2016
Technical information: (202) 691-7705 * ppi-info@bls.gov * www.bls.gov/ppi
Media contact: (202) 691-5902 * PressOffice@bls.gov
PRODUCER PRICE INDEXES - MAY 2016
The Producer Price Index for final demand increased 0.4 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.2 percent in April and declined 0.1 percent in March. On an unadjusted basis, the final demand index inched down 0.1 percent for the 12 months ended in May. (See table A.)
In May, over 60 percent of the advance in the final demand index can be traced to prices for final demand goods, which climbed 0.7 percent. The index for final demand services moved up 0.2 percent.
Prices for final demand less foods, energy, and trade services edged down 0.1 percent in May after rising 0.3 percent in April. For the 12 months ended in May, the index for final demand less foods, energy, and trade services increased 0.8 percent.
Final Demand
Final demand goods: The index for final demand goods rose 0.7 percent in May, the largest advance since a 1.2-percent jump in May 2015. Two-thirds of the May 2016 increase can be traced to prices for final demand energy, which climbed 2.8 percent. The indexes for final demand goods less foods and energy and for final demand foods both moved up 0.3 percent.
....
_____________
The Producer Price Index for June 2016 is scheduled to be released on Thursday, July 14, 2016 at 8:30 a.m. (EDT).
[center]Facilities for Sensory Impaired[/center]
Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.