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Producer prices for final demand increased 10.8 percent for the year ended in May 2022
June 17, 2022
Producer prices for final demand increased 10.8 percent for the year ended in May 2022, following advances of 10.9 percent for the year ended in April and 11.5 percent for the year ended in March.
12-month percent change in Producer Price Indexes for final demand
Month
Total
Goods
Energy
Foods
Services
Construction
May 2017
2.3%
2.9%
7.9%
1.0%
2.0%
1.1%
Jun 2017
1.9
2.2
3.8
1.1
1.7
1.2
Jul 2017
2.0
2.3
3.9
1.6
1.9
3.3
Aug 2017
2.4
3.1
8.3
2.3
2.2
3.3
Sept 2017
2.6
3.4
10.7
1.6
2.1
3.2
Oct 2017
2.8
3.2
7.9
2.6
2.4
3.0
Nov 2017
3.0
4.2
12.5
3.2
2.3
2.9
Dec 2017
2.5
3.5
10.1
2.0
2.1
3.1
Jan 2018
2.6
3.2
8.7
1.9
2.2
3.6
Feb 2018
2.8
3.1
9.0
0.6
2.7
3.6
Mar 2018
2.9
3.3
8.6
1.9
2.8
3.6
Apr 2018
2.7
3.0
9.4
-0.6
2.5
4.2
May 2018
3.1
4.3
15.9
0.6
2.4
4.1
Jun 2018
3.3
4.4
17.5
-1.1
2.7
4.2
Jul 2018
3.4
4.4
17.0
-1.3
2.7
3.3
Aug 2018
3.0
3.9
13.9
-1.1
2.5
3.4
Sept 2018
2.7
3.4
10.0
-1.2
2.5
3.5
Oct 2018
3.1
3.8
12.6
-0.6
2.6
4.9
Nov 2018
2.6
2.6
4.1
0.4
2.6
5.2
Dec 2018
2.6
1.6
-3.1
2.8
3.0
5.2
Jan 2019
1.9
0.6
-7.4
1.3
2.6
5.0
Feb 2019
1.9
0.7
-6.5
1.6
2.4
5.0
Mar 2019
2.0
1.2
-0.9
0.0
2.3
5.1
Apr 2019
2.4
1.7
1.2
1.2
2.7
5.4
May 2019
2.1
0.8
-2.2
0.6
2.7
5.5
Jun 2019
1.6
0.0
-6.8
2.3
2.3
5.3
Jul 2019
1.6
0.3
-5.3
2.6
2.3
5.6
Aug 2019
1.9
-0.1
-6.7
2.3
2.7
5.5
Sept 2019
1.5
-0.5
-8.4
2.7
2.3
5.6
Oct 2019
1.0
-0.6
-8.8
3.2
1.9
3.9
Nov 2019
1.0
0.2
-4.4
3.4
1.4
3.8
Dec 2019
1.4
1.0
2.4
1.2
1.4
3.9
Jan 2020
2.0
1.8
6.4
2.8
1.9
3.7
Feb 2020
1.1
0.6
0.1
1.1
1.4
3.8
Mar 2020
0.3
-1.7
-12.6
0.7
1.3
3.5
Apr 2020
-1.5
-5.2
-30.7
0.3
0.3
2.7
May 2020
-1.1
-3.6
-27.5
6.5
0.2
2.4
Jun 2020
-0.7
-2.6
-17.2
0.6
0.3
2.4
Jul 2020
-0.3
-2.2
-14.2
-0.4
0.7
2.2
Aug 2020
-0.3
-1.6
-12.3
-0.1
0.3
1.9
Sept 2020
0.3
-1.0
-11.7
1.3
0.9
1.7
Oct 2020
0.6
-1.0
-12.6
2.2
1.3
1.2
Nov 2020
0.8
-0.8
-11.0
0.9
1.6
1.3
Dec 2020
0.8
0.0
-6.8
-0.2
1.3
1.2
Jan 2021
1.6
1.3
-2.7
1.2
1.8
0.8
Feb 2021
3.0
3.5
5.9
4.5
2.6
0.9
Mar 2021
4.1
7.0
23.7
5.1
2.9
1.4
Apr 2021
6.5
10.9
48.9
7.3
4.5
2.1
May 2021
7.0
11.1
46.4
4.3
5.1
2.8
Jun 2021
7.6
11.9
36.0
10.9
5.5
3.2
Jul 2021
8.0
12.1
33.9
10.4
6.0
4.4
Aug 2021
8.7
12.7
33.0
13.0
6.8
5.0
Sept 2021
8.8
13.4
36.2
13.3
6.7
5.3
Oct 2021
8.9
14.3
43.0
10.6
6.2
11.8
Nov 2021
9.9
14.9
42.9
11.8
7.5
12.0
Dec 2021
10.0
13.4
31.6
13.1
8.4
12.2
Jan 2022
10.1
13.6
31.3
13.2
8.2
15.7
Feb 2022
10.4
14.4
33.1
14.0
8.4
16.2
Mar 2022
11.5
15.8
37.4
16.1
9.2
16.5
Apr 2022
10.9
16.4
40.0
16.2
7.9
19.3
May 2022
10.8
16.6
45.3
13.0
7.6
19.0
From May 2021 to May 2022, the increase in producer prices for final demand was driven largely by a 16.6-percent increase in prices for final demand goods. This can be attributed to a 45.3-percent advance in prices for final demand energy over the past 12 months. Over that period, prices for final demand construction rose 19.0 percent.
United States Department of Labor
