The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
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8:30 a.m. (ET), Thursday, May 12, 2022
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PRODUCER PRICE INDEXES – APRIL 2022
The Producer Price Index for final demand increased 0.5 percent in April, seasonally adjusted, the U.S.
Bureau of Labor Statistics reported today. This rise followed advances of 1.6 percent in March and 1.1
percent in February. (See table A.) On an unadjusted basis, final demand prices moved up 11.0 percent
for the 12 months ended in April.
In April, the rise in the index for final demand is primarily attributable to a 1.3-percent advance in prices
for final demand goods. The index for final demand construction increased 4.0 percent, while prices for
final demand services were unchanged.
Prices for final demand less foods, energy, and trade services moved up 0.6 percent in April after
increasing 0.9 percent in March. For the 12 months ended in April, the index for final demand less
foods, energy, and trade services rose 6.9 percent.
Chart 1. One-month percent changes in selected PPI final demand price indexes, seasonally adjusted
Chart 2. Twelve-month percent changes in selected PPI final demand price indexes, not seasonally adjusted
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
Apr'21
May
June
July
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr'22
Percent change
Final demand
Final demand goods
Final demand services
0.0
3.0
6.0
9.0
12.0
15.0
18.0
Apr'21
May
June
July
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr'22
Percent change
Final demand
Final demand goods
Final demand services
2
Final Demand
Final demand goods: The index for final demand goods moved up 1.3 percent in April, the fourth
consecutive rise. More than half of the broad-based increase in April can be traced to a 1.0-percent advance
in prices for final demand goods less foods and energy. The indexes for final