Close | X
Wednesday, August 12, 2020 9:22:14 AM EDT

PPI Updated 11-Aug-20 09:34AM ET

The Producer Price Index for final demand increased 0.6% in July ( consensus 0.3%) after decreasing 0.2% in May.

Excluding food and energy, the index for final demand rose 0.5% ( consensus 0.1%) after decreasing 0.3% in May.

On a year-over-year basis, the index for final demand is down 0.4% while core PPI is up 0.3%.

The headline increase was paced by a 0.5% increase in final demand services. Prices for final demand transportation and warehousing services fell 0.8%.

The index for final demand goods rose 0.8% with the index for final demand energy rising 5.3%.

The index for processed goods for intermediate demand increased 1.5%.

The index for unprocessed goods for intermediate demand fell 0.7%.

The key takeaway from the report is that inflation pressures at the producer level have increased, but they remain low at this time.

Final Demand0.6%-0.2%0.4%-1.3%-0.2%
Core (excluding ...)
Food and Energy0.5%-0.3%-0.1%-0.3%0.2%
Food, Energy, and Trade0.3%0.3%0.1%-0.9%-0.2%
Final Demand Goods
Finished Goods0.7%0.0%2.3%-3.5%-1.1%
Final Demand Services
Intermediate Demand