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Producer prices for goods up 16.3 percent over the year ended April 2022
May 24, 2022
The Producer Price Index for final demand increased 11.0 percent from April 2021 to April 2022. Producer prices for goods rose 16.3 percent, while prices for services rose 8.1 percent.
Producer Price Index for final demand components, 12-month percent change, not seasonally adjusted, April 2022
Commodity
12-month percent change
Goods
16.3%
Foods
16.3
Fresh fruits and melons
17.3
Fresh and dry vegetables
45.7
Meats
5.1
Processed poultry
24.1
Dairy products
20.4
Soft drinks
11.4
Energy
40.0
Residential electric power
10.6
Residential natural gas
24.6
Gasoline
55.0
Jet fuel
127.5
Home heating oil and distillates
118.4
No. 2 diesel fuel
86.5
Goods less foods and energy
10.1
Industrial chemicals
22.5
Pharmaceutical preparations
1.6
Passenger cars
3.5
Trucks, 14,000 lbs. and under
5.1
Aircraft and aircraft equipment
3.3
Cigarettes, including nontobacco
8.6
Services
8.1
Trade services
15.4
Machinery and equipment and parts and supplies wholesaling
17.9
Food and alcohol retailing
9.7
Health and beauty retailing, including optical goods
1.4
Apparel, jewelry, footwear, and accessories retailing
8.6
Automobiles and automobile parts retailing
51.0
Fuels and lubricants retailing
47.3
Transportation and warehousing services
22.6
Rail transportation of freight and mail
9.7
Truck transportation of freight
27.4
Water transportation of freight
21.2
Air transportation of freight
12.8
Courier, messenger, and U.S. postal service
10.0
Airline passenger services
21.6
Less trade, transportation, and warehousing
3.2
Loan services (partial)
4.5
Securities brokerage, dealing, investment advice, and related services
-0.8
Portfolio management
-1.7
Outpatient care (partial)
2.7
Inpatient care
2.8
Traveler accommodation services
26.2
Producer prices for foods rose 16.3 percent over the year ending April 2022, while prices for energy rose 40.0 percent. Prices for goods less foods and energy rose 10.1 percent.
Producer prices for trade services rose 15.4 percent over the year ending April 2022, while prices for transportation and warehousing services rose 22.6 percent. Prices for services less trade, transportation, and warehousing rose 3.2 percent.
United States Department of Labor
