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Prices Paid to U.S. Producers Post Smallest Advance This Year

Nov 09, 2021

Prices paid to U.S. producers rose in September at the slowest pace of the year amid cooling costs of services including airfares as the delta variant impacted demand.

The producer price index for final demand increased 0.5% from the prior month and 8.6% from a year earlier, Labor Department data showed Thursday. Excluding volatile food and energy components, the so-called core PPI rose 0.2%, the smallest advance this year, and was up 6.8% from a year ago.

Read the latest in this article by Olivia Rockeman published by Bloomberg.

Learn more about the PPI in ASA's upcoming webinar, ME172-WEB The Producer Price Index: What is it and How to Use it Properly to air January 12, 2022.

Disclaimer: The views, opinions or examples included in linked article are those of the author and do not necessarily reflect an official policy or position of ASA or its members.