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Producer prices for final demand up 0.8 percent for year ended December 2020

January 22, 2021

From December 2019 to December 2020, producer prices for final demand increased 0.8 percent. Over that period, prices for final demand goods increased 0.2 percent, while prices for final demand services increased 1.1 percent.

12-month percent change in Producer Price Index for final demand, selected commodities, December 2020, not seasonally adjusted 
Category 12-month percent change

Final demand


Final demand goods


Final demand foods






Fresh fruits and melons


Eggs for fresh use


Final demand energy


Residential natural gas


Liquefied petroleum gas




Home heating oil and distillates


Final demand goods less foods and energy


Iron and steel scrap


Mobile homes


Women's, girls', and infants' apparel


Industrial chemicals


Final demand services


Final demand trade services


Automobiles retailing


RVs, trailers, and campers retailing


Machinery and vehicle wholesaling


Cleaning supplies and paper products retailing


Final demand transportation and warehousing services


Courier, messenger, and U.S. postal services


Truck transportation of freight


Air transportation of freight


Airline passenger services


Final demand services less trade, transportation, and warehousing


Sales and subscriptions of periodicals and newspapers


Portfolio management


Arrangement of cruises and tours


Traveler accommodation services


Note: All data are subject to revision 4 months after originally published.

For the year ended December 2020, within final demand foods, producer prices for oilseeds increased 31.1 percent, while prices for grains increased 14.4 percent. Over that period, prices for eggs for fresh use decreased 28.8 percent and prices for fresh fruits and melons decreased 11.7 percent.

Within energy, prices for residential natural gas increased 4.0 percent for the year ended December 2020. Prices for home heating oil and distillates decreased 24.4 percent and prices for gasoline decreased 20.8 percent.

From December 2019 to December 2020, prices for final demand trade services increased 1.7 percent. Prices for automobiles retailing increased 49.5 percent and prices for RVs, trailers, and campers retailing increased 32.5 percent. Prices for cleaning supplies and paper products retailing decreased 19.8 percent.

Prices for final demand transportation and warehousing services decreased 6.2 percent for the year ended December 2020, as prices for airline passenger services decreased 25.7 percent.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — December 2020." All producer price indexes are subject to revision once, 4 months after original publication; these revisions reflect late reports and corrections by respondents. Producer price indexes measure prices U.S. producers receive for goods, services, and construction. Also see Charts related to the latest "U.S. Producer Price Indexes" news release.


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices for final demand up 0.8 percent for year ended December 2020 at (visited December 08, 2022).