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Transmission of material in this release is embargoed until 8:30 a.m. (ET) Friday, January 12, 2024 Technical information: (202) 691-7705 • ppi-info@bls.gov • www.bls.gov/ppi Media contact: (202) 691-5902 • PressOffice@bls.gov USDL 24-0021 PRODUCER PRICE INDEXES – DECEMBER 2023 The Producer Price Index for final demand fell 0.1 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved down 0.1 percent in November and 0.4 percent in October. (See table A.) On an unadjusted basis, the index for final demand rose 1.0 percent in 2023 after increasing 6.4 percent in 2022. The December decrease in the index for final demand is attributable to a 0.4-percent drop in prices for final demand goods. The index for final demand services was unchanged. The index for final demand less foods, energy, and trade services rose 0.2 percent in December after edging up 0.1 percent in both November and October. Prices for final demand less foods, energy, and trade services climbed 2.5 percent in 2023 following a 4.7-percent increase in 2022. Chart 1. One-month percent changes in selected PPI final demand price indexes, seasonally adjusted Percent change 2.0 1.0 0.0 -1.0 -2.0 Dec'22 Jan Feb Mar Apr Final demand May June July Aug Final demand goods Sep Oct Nov Dec'23 Final demand services Chart 2. Twelve-month percent changes in selected PPI final demand price indexes, not seasonally adjusted Percent change 8.0 6.0 4.0 2.0 0.0 -2.0 -4.0 -6.0 Dec'22 Jan Feb Mar Final demand Apr May June July Final demand goods Aug Sep Oct Final demand services Nov Dec'23 Final Demand Final demand goods: The index for final demand goods fell 0.4 percent in December, the third consecutive decline. In December, nearly 60 percent of the decrease can be traced to a 1.2-percent drop in prices for final demand energy. The index for final demand foods moved down 0.9 percent, while prices for final demand goods less foods and energy were unchanged. Product detail: In December, half of the decrease in the index for final demand goods is attributable to prices for diesel fuel, which dropped 12.4 percent. The indexes for jet fuel; eggs for fresh use; non-carbonated soft drinks; passenger cars; and hay, hayseeds, and oilseeds also moved lower. In contrast, prices for gasoline rose 2.1 percent. The indexes for carbonated soft drinks and for nonferrous scrap also increased. (See table 2.) Final demand services: The index for final demand services remained unchanged in December, the same as in both November and October. In December, prices for final demand services less trade, transportation, and warehousing rose 0.4 percent. Conversely, the indexes for final demand trade services and for final demand transportation and warehousing services fell 0.8 percent and 0.4 percent, respectively. (Trade indexes measure changes in margins received by wholesalers and retailers.) Product detail: Within the index for final demand services in December, prices for securities brokerage, dealing, and investment advice increased 3.3 percent. The indexes for consumer loans (partial), application software publishing, airline passenger services, and fuels and lubricants retailing also moved higher. In contrast, margins for machinery and vehicle wholesaling decreased 5.5 percent. The indexes for guestroom rental, long-distance motor carrying, automobiles and parts retailing, and apparel wholesaling also fell. 2 Intermediate Demand by Commodity Type Within intermediate demand in December, the index for processed goods fell 0.6 percent, prices for unprocessed goods dropped 4.4 percent, and the index for services rose 0.4 percent. (See tables B and C.) Processed goods for intermediate demand: The index for processed goods for intermediate demand fell 0.6 percent in December, the third consecutive decline. In December, the decrease was led by a 3.8-percent drop in prices for processed energy goods. The index for processed foods and feeds fell 0.7 percent. Conversely, prices for processed materials less foods and energy rose 0.2 percent. The index for processed goods for intermediate demand fell 2.7 percent in 2023 after increasing 4.8 percent in 2022. Product detail: Most of the December decrease in the index for processed goods for intermediate demand can be attributed to a 12.4-percent drop in prices for diesel fuel. The indexes for jet fuel, basic organic chemicals, prepared animal feeds, residual fuels, and natural gas to electric utilities also moved lower. In contrast, prices for cold rolled steel sheet and strip jumped 14.6 percent. The indexes for fabricated structural metal and for electric power also increased. Unprocessed goods for intermediate demand: Prices for unprocessed goods for intermediate demand moved down 4.4 percent in December, the largest decline since falling 5.2 percent in May. Eighty percent of the December decrease can be traced to a 9.1-percent drop in the index for unprocessed energy materials. Prices for unprocessed foodstuffs and feedstuffs moved down 2.5 percent. Conversely, the index for unprocessed nonfood materials less energy increased 0.2 percent. Prices for unprocessed goods for intermediate demand fell 19.0 percent in 2023 after rising 10.7 percent in 2022. Product detail: Over 80 percent of the decrease in the index for unprocessed goods for intermediate demand can be attributed to a 13.2-percent drop in prices for crude petroleum. The indexes for slaughter hogs; hay, hayseeds, and oilseeds; slaughter steers and heifers; corn; and carbon steel scrap also declined. In contrast, prices for nonferrous scrap increased 3.6 percent. The indexes for slaughter chickens and natural gas also moved higher. 3 Services for intermediate demand: The index for services for intermediate demand climbed 0.4 percent in December, the largest increase since moving up 0.6 percent in July. Over 80 percent of the broad-based December rise can be traced to a 0.5-percent advance in prices for services less trade, transportation, and warehousing for intermediate demand. The indexes for trade services for intermediate demand and for transportation and warehousing services for intermediate demand also moved up, 0.4 percent and 0.1 percent, respectively. In 2023, prices for services for intermediate demand increased 3.4 percent following a 6.0percent jump in 2022. Product detail: Over 20 percent of the December increase in the index for services for intermediate demand can be attributed to prices for securities brokerage, dealing, and investment advice, which moved up 3.3 percent. The indexes for gross rents for retail properties; management, scientific, and technical consulting services; television advertising time sales; metals, minerals, and ores wholesaling; and airline passenger services also rose. Conversely, prices for business loans (partial) decreased 1.6 percent. The indexes for longdistance motor carrying and for food and alcohol wholesaling also fell. Intermediate Demand by Production Flow Stage 4 intermediate demand: Prices for stage 4 intermediate demand increased 0.2 percent in December following a 0.1-percent rise in November. In December, the index for total services inputs to stage 4 intermediate demand moved up 0.4 percent, while prices for total goods inputs were unchanged. (See table D.) Increases in the indexes for securities brokerage, dealing, and investment advice; gross rents for retail properties; fabricated structural metal; portfolio management; electric power; and gasoline outweighed falling prices for diesel fuel, gross rents for office buildings, and business loans (partial). In 2023, the index for stage 4 intermediate demand rose 2.1 percent after moving up 5.9 percent in 2022. 4 Stage 3 intermediate demand: Prices for stage 3 intermediate demand declined 0.4 percent in December, the third consecutive decrease. In December, the index for total goods inputs to stage 3 intermediate demand fell 1.4 percent. In contrast, prices for total services inputs increased 0.4 percent. Decreases in the indexes for diesel fuel; jet fuel; slaughter hogs; slaughter steers and heifers; hay, hayseeds, and oilseeds; and business loans (partial) outweighed higher prices for television advertising time sales, slaughter chickens, and cold rolled steel sheet and strip. In 2023, the index for stage 3 intermediate demand declined 2.4 percent following a 5.1-percent rise in 2022. Stage 2 intermediate demand: Prices for stage 2 intermediate demand decreased 1.6 percent in December, the largest decline since dropping 2.5 percent in March. In December, the index for total goods inputs to stage 2 intermediate demand fell 4.1 percent. Conversely, prices for total services inputs increased 0.2 percent. Decreases in the indexes for crude petroleum, business loans (partial), oilseeds, basic organic chemicals, guestroom rental, and non-corrugated paperboard outweighed rising prices for deposit services (partial), natural gas, and nonferrous scrap. In 2023, the index for stage 2 intermediate demand moved down 5.5 percent after increasing 7.7 percent in 2022. Stage 1 intermediate demand: Prices for stage 1 intermediate demand fell 0.2 percent in December, the third consecutive decline. In December, the index for total goods inputs to stage 1 intermediate demand decreased 0.9 percent. In contrast, prices for total services inputs rose 0.4 percent. Declines in the indexes for diesel fuel, guestroom rental, basic organic chemicals, residual fuels, gross rents for office buildings, and long-distance motor carrying outweighed increases in prices for securities brokerage, dealing, and investment advice; gross rents for retail properties; and fabricated structural metal products. In 2023, the index for stage 1 intermediate demand fell 0.2 percent following a 5.4-percent rise in 2022. ________________ The Producer Price Index for January 2024 is scheduled to be released on Friday, February 16, 2024, at 8:30 a.m. (ET). ***** 5 Recalculated Seasonal Adjustment Factors and Relative Importance Figures to be Available on February 14, 2024 Each year with the release of PPI data for January, seasonal adjustment factors and relative importance figures are recalculated to reflect price movements from the just-completed calendar year. The following information relating to the seasonal-factor update will be available on February 14, 2024 (2 workdays prior to the release of PPI data for January 2024 on February 16, 2024): Direct seasonal factors for PPI commodity indexes for the year 2024, Recalculated seasonal factors for the last 5 years (2019-2023) for PPI commodity indexes, Recalculated seasonal factors for the last 5 years (2019-2023) for PPI Final Demand-Intermediate Demand indexes, Recalculated seasonal index data for the last 5 years (2019-2023) for Final Demand-Intermediate Demand and commodity indexes. This revision to seasonally adjusted indexes for the previous 5 years will be posted to the PPI database on the BLS website. In addition, the following relative importance figure tables, which include values for December 2023, will be available on February 14, 2024: Final demand by individual commodities Final demand by component series Individual commodities of intermediate demand by commodity type Component series of intermediate demand by commodity type Individual commodities of intermediate demand by production flow Component series of intermediate demand by production flow Commodities, all levels Wherever-provided services and construction This information will be available on the PPI website at www.bls.gov/ppi or by contacting the PPI Section of Index Analysis and Public Information at ppi-info@bls.gov or (202) 691-7705. 6 Technical Note from the Benchmark Input-Output Accounts of the U.S. In many cases, the same commodity is purchased by different types of buyers. As a result, commodities are often included in several FD-ID indexes. For example, regular gasoline is purchased for personal consumption, export, government use, and business use. The PPI program publishes only one commodity index for regular gasoline (wpu057104), reflecting sales to all types of buyers, and this index is used in all aggregations regardless of whether the gasoline is sold for personal consumption, as an export, to government, or to businesses. Proportions based on BEA “Use of Commodities” data are used to allocate the correct portion of the total weight of gasoline to each use category. In cases when buyer type is an important price determining characteristic, indexes are created based on specific buyer type. For example, within the PPI category for loan services, separate indexes for consumer loans and business loans were constructed. For more information relating to the FD-ID structure, see “A new, experimental system of indexes from the PPI program” in the February 2011 Monthly Labor Review. Brief Explanation of Producer Price Indexes The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measures the average change over time in prices received (price changes) by producers for domestically produced goods, services, and construction. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI). CPIs measure price change from the purchaser’s perspective. More than 10,000 PPIs for individual products and groups of products are released each month. PPIs are available for the products of virtually every industry in the mining and manufacturing sectors. Over time, new PPIs have been introduced for products of industries in the services and construction sectors of the U.S. economy. As of January 2023, the PPI covered 69 percent of services as measured by 2017 Census revenue, and 17 percent of construction. More than 64,000 price quotations per month are organized into three sets of PPIs: (1) Final demandIntermediate demand (FD-ID) indexes, (2) commodity indexes, and (3) indexes for the net output of industries and their products. The FD-ID structure organizes products by class of buyer and degree of fabrication as well as by stage of production. The commodity structure organizes products by similarity of end use or product type. The entire output of various industries is sampled to derive price indexes for the net output of industries and their products. Final Demand: The final demand portion of the FD-ID structure measures price change for commodities sold for personal consumption, capital investment, government, and export. The system is composed of six main price indexes: final demand goods; final demand trade services; final demand transportation and warehousing services; final demand services less trade, transportation, and warehousing; final demand construction; and overall final demand. The final demand goods index measures price change for both unprocessed and processed goods sold to final demand. Fresh fruits sold to consumers and computers sold for capital investment are examples of transactions included in the final demand goods price index. The final demand trade services index measures price change for the retailing and wholesaling of merchandise sold to final demand, generally without transformation. (Trade indexes measure changes in margins received by wholesalers and retailers.) The final demand transportation and warehousing services index tracks price change for transportation of passengers, as well as, transportation of cargo sold to final demand, and also includes prices for warehousing and storage of goods sold to final demand. The final demand services less trade, transportation, and warehousing index measures price change for all services other than trade and transportation sold to final demand. Publishing, banking, lodging, and health care are examples of these services. The final demand construction index tracks price change for new construction, as well as maintenance and repair construction sold to final demand. Construction of office buildings is an example of a commodity that would be included in the final demand construction index. Lastly, the overall final demand index tracks price change for all types of commodities sold to final demand by combining the five final demand component indexes described above. Final Demand–Intermediate Demand Indexes The PPI FD-ID structure measures price change for goods, services, and construction sold to final demand and to intermediate demand. The FD-ID system replaced the PPI stage-of-processing (SOP) system as PPI’s primary aggregation model with the release of data for January 2014. The FD-ID model expands coverage beyond that of the SOP system through the addition of services, construction, exports, and government purchases. Compared with finished goods under the SOP system, the PPI for final demand goods includes nearly a 50 percent expansion of coverage. This increase can be traced to the addition of government purchases and exports. For overall final demand, expansion to include final demand services represents an even larger increase in coverage. In December 2022, final demand goods were about 30.7 percent of overall final demand, final demand services were roughly 66.6 percent, and final demand construction was about 2.7 percent of final demand. Within intermediate demand, coverage of services for intermediate demand resulted in about a 45 percent increase in coverage of the intermediate demand portion of the economy. FD-ID indexes are constructed from commodity-based producer output price indexes. Commodities are allocated to aggregate indexes primarily based on the type of buyer. The main source of data used to determine the type of buyer is the “Use of commodities by industries, before redefinition,” table Intermediate Demand: The intermediate demand portion of the FD-ID system tracks price change for goods, services, and construction products sold to businesses as inputs to 7 intermediate demand index, for example, tracks price change for inputs consumed, but not produced, by industries included in the fourth stage of production. Hence, the index tracks price change in inputs to industries that primarily produce final demand commodities (stage 4 producers primarily produce commodities sold to final demand). Examples of heavily weighted goods-producing industries in stage 4 include the manufacture of light trucks and utility vehicles, automobiles, and pharmaceuticals. Retail trade, food service and drinking places, and hospitals are examples of heavily weighted service industries included in stage 4. Stage 4 also includes all new construction industries. Examples of goods consumed by stage 4 industries include motor vehicle parts, commercial electric power, plastic construction products, biological products, and beef and veal. Engineering services, machinery and equipment wholesaling, long distance motor carrying, and legal services constitute examples of services consumed by stage 4 industries. Examples of highly weighted goods-producing industries included in stage 3 are motor vehicle parts manufacturing, animal (except poultry) slaughtering and processing, and semiconductor manufacturing. Services industries classified in stage 3 include wholesale trade; insurance carriers; architecture, engineering, and related services; and hotels and motels. Examples of goods consumed by stage 3 industries include slaughter steers and heifers, industrial electric power, and hot rolled steel bars, plates, and structural shapes. Services commonly consumed by stage 3 industries include commissions from sales of property and casualty insurance, business loans, temporary help services, and administrative and general management consulting services. Petroleum refineries; electricity generation, transmission, and distribution; natural gas distribution; cattle ranching and farming; and plastic materials and resin manufacturing are among the goods-based industries assigned to stage 2. Services industries that are heavily weighted in stage 2 include management of companies and enterprises; non-depository credit intermediation; insurance agencies and brokerages; and services to buildings and dwellings. Goods commonly purchased by stage 2 industries include crude oil, natural gas, formula feeds, and primary basic organic chemicals. Services that are heavily weighted in the intermediate demand stage 2 index are legal services, business loans, and cellular phone and other wireless telecommunication. Goods producing industries in stage 1 include oil and gas extraction, paper mills, and grain farming. Real estate, legal services, and advertising services are examples of highly weighted services industries included in stage 1. Examples of goods consumed by stage 1 industries are commercial and industrial electric power and gasoline. Services commonly consumed by stage 1 industries include solid waste collection, chemicals and allied products wholesaling, and guestroom or unit rental. It should be noted that all inputs purchased by stage 1 industries are by definition produced either within stage 1 or by latter stages of processing, leaving stage 1 less useful for price transmission analysis. For additional information on industry stage assignments, see www.bls.gov/ppi/fd-id/ppi-intermediate-demand-byproduction-flow-industry-stage-assignments.htm. production, excluding capital investment. The system includes two parallel treatments of intermediate demand. The first treatment organizes intermediate demand commodities by type. The second organizes intermediate demand commodities into production stages, with the explicit goal of developing a forward-flow model of production and price change. The intermediate demand by commodity type portion of the system organizes commodities by similarity of product. The system is composed of six main price indexes: unprocessed goods for intermediate demand; processed goods for intermediate demand; intermediate demand trade services; intermediate demand transportation and warehousing services; intermediate demand services less trade, transportation, and warehousing; and intermediate demand construction. The unprocessed goods for intermediate demand price index measures price change for goods sold to businesses as inputs to production that have undergone no fabrication. Crude petroleum sold to refineries is an example of an unprocessed good sold to intermediate demand. The processed goods for intermediate demand index tracks price change for fabricated goods sold as business inputs. Examples include car parts sold to car manufacturers and gasoline sold to trucking companies. The index for trade services for intermediate demand measures price change for the services of retailing and wholesaling goods purchased by businesses as inputs to production. The intermediate demand transportation and warehousing services index measures price change for business travel, as well as, transportation and warehousing of cargo sold to intermediate demand. The intermediate demand services less trade, transportation, and warehousing index measures price change for services other than trade, transportation, and warehousing sold as inputs to production. Legal and accounting services purchased by businesses are examples of intermediate demand services excluding trade, transportation, and warehousing. Finally, the construction for intermediate demand index measures price change for construction purchased by firms as inputs to production. The index for construction for intermediate demand tracks price change for maintenance and repair construction purchased by firms. The production flow treatment of intermediate demand is a stage-based system of price indexes. These indexes can be used to study price transmission across stages of production and final demand. This system is constructed in a manner that maximizes forward flow of production between stages, while minimizing back-flow of production. The production flow treatment contains four main indexes: intermediate demand stage 1, intermediate demand stage 2, intermediate demand stage 3, and intermediate demand stage 4. Indexes for the four stages were developed by first assigning each industry in the economy to one of four stages of production, where industries assigned to the fourth stage primarily produce output consumed as final demand, industries in the third stage primarily produce output consumed by stage 4 industries, industries assigned to the second stage primarily produce output consumed by stage 3 industries, and industries assigned to the first stage produce output primarily consumed by stage 2 industries. The four indexes then track prices for the net inputs consumed by industries in each of the four stages of production. The stage 4 8 Comparing the PPI with CPI addition, most industries have secondary product indexes that show changes in prices received by establishments for products chiefly made in some other industry. Some industries have miscellaneous receipts indexes that track price changes for other sources of revenue received by establishments within the industry that are not derived from sales of their products; for example, resales of purchased materials, or revenues from parking lots owned by a manufacturing plant. Although some data users utilize the PPI as a potential indicator of the Consumer Price Index (CPI), there are many reasons why the PPI and the CPI may diverge. The scope of the personal consumption portion of the PPI includes all marketable output sold by domestic producers for households. The scope of the CPI includes goods and services provided by business or government, where explicit user charges are paid by consumers. For example, the most heavily weighted item in the CPI, owners’ equivalent rent, is excluded from the PPI. The scope of the CPI includes imports. The PPI excludes imports. The CPI only includes components of personal consumption directly paid for by the consumers, while the PPI includes components of personal consumption that may not be paid for by consumers. For example, the PPI includes medical services paid for by third parties. In contrast to CPI, PPI does not completely cover services. PPIs exclude taxes, since they do not represent producer revenue. Conversely, sales and other taxes paid by consumers are part of household expenditure and are included in the CPI. Additional technical differences between PPI and CPI also exist. For more information see “Comparing new final demand producer price indexes with other Government price indexes,” Monthly Labor Review, January 2014, at www.bls.gov/opub/mlr/. Data Collection PPIs are constructed using selling prices reported by establishments of all sizes, selected by probability sampling, with the probability of selection proportionate to size. Individual items and transaction terms also are chosen by probability proportionate to size. BLS strongly encourages cooperating companies to supply actual transaction prices at the time of shipment to minimize the use of list prices. Prices submitted by survey respondents are effective on the Tuesday of the week containing the 13th day of the month. The survey is conducted online via the BLS Internet Data Collection Facility (IDCF). Data provided by survey respondents are supplemented with data from other sources for some areas. Price data are provided by survey respondents on a voluntary and confidential basis; only sworn BLS employees are allowed access to individual company price reports. BLS publishes price indexes, not actual prices. All PPIs are subject to monthly revisions up to 4 months after original publication to reflect the availability of late reports and corrections by respondents. BLS periodically updates the PPI sample of survey respondents to better reflect current conditions when the structure, membership, technology, or product mix of an industry shifts significantly and to spread reporting burden among smaller firms. Information on these resampling efforts are noted in the PPI News Release and PPI Detailed Report in the months they occur. As part of an ongoing effort to expand coverage to sectors of the economy other than mining and manufacturing, an increasing number of service and construction sector industries have been introduced into the PPI. The following list of industries introduced since the mid-1990s includes the month and year in which an article describing the industry’s content appeared in the PPI Detailed Report. Commodity Indexes The commodity classification of the PPI organizes goods, services, and construction by similarity of product or end use, disregarding industry of origin. With the release of data for July 2009, PPI expanded its commodity structure to include indexes for services and construction products. Prior to this date, the PPI commodity structure only included products from goods producing sectors. Table 9 of the PPI Detailed Report includes data for commodity indexes, organized in a hierarchal structure, including major groupings, subgroups, product classes, sub-product classes, and individual items. Industry Net-Output Price Indexes PPIs for the net output of industries and their products are grouped according to the North American Industry Classification System (NAICS). Prior to the release of January 2004, industry-based PPIs were published according to the Standard Industrial Classification (SIC) system. Industry price indexes are compatible with other economic time series organized by industry, such as data on employment, wages, and productivity. Table 11 of the PPI Detailed Report includes data for NAICS industries and industry groups (3-, 4-, 5-, and 6-digit codes), Census product classes (7- and 8-digit codes), products (9-digit codes), more detailed sub-products (11-digit codes), and, for some industries, indexes for other sources of revenue. Indexes may represent one of three kinds of product categories. Every industry has primary product indexes that show changes in prices received by establishments classified in the industry for products made primarily, but not necessarily exclusively, by that industry. The industry classification of an establishment is determined by which products make up a plurality of its total shipment value. In Service and construction sector industries introduced into the Producer Price Index, by SIC or NAICS code at their date of introduction and the PPI Detailed Report issue that announces their introduction PPI Detailed Title Code Report Issue SIC 9 Wireless telecommunications …………. Telephone communications, except radio telephone …………………………. Television broadcasting ……………….. 4812 July 1999 4813 July 1995 Grocery stores ………………………….. 4833 5411 July 2002 July 2000 Meat and fish (seafood) markets ……... Fruit and vegetable markets 5421 July 2000 5431 July 2000 …………... Candy, nut, and confectionery stores … Title 5441 July 2000 Code PPI Detailed Report Issue SIC Retail bakeries ………………………….. Miscellaneous food stores …………….. New car dealers ………………………… Gasoline service stations ……………… 443 January 2004 444 January 2004 451 January 2004 452 January 2004 Miscellaneous store retailers ………….. 453 January 2004 5461 July 2000 5499 July 2000 Pipeline transportation of natural gas…. 486210 June 2022 5511 July 2000 518111 July 2005 5541 January 2002 5551 January 2002 Internet service providers ………………. Internet publishing and web search portals ………………..…………………... Commercial banking ……………………. Savings institutions ……………………... Direct health and medical insurance carriers …………………………………… 519130 January 2010 522110 January 2005 522120 January 2005 524114 July 2004 PPI Detailed Report Issue Boat dealers …………………………….. Recreational vehicle dealers ………….. 5561 January 2002 Miscellaneous retail ……………………. 59 January 2001 Security brokers, dealers, and investment bankers …………………….. Investment advice ……………………… 6211 January 2001 6282 January 2003 Life insurance carriers …………………. 6311 January 1999 Property and casualty insurance ……… Insurance agencies and brokerages …. Operators and lessors of nonresidential buildings …………………………………. Real estate agents and managers ……. Prepackaged software …………………. Data processing services ……………… Home health care services ……………. 6331 July 1998 6412 January 2003 6512 January 1996 6531 January 1996 7372 January 1998 7374 January 2002 8082 January 1997 8111 January 1997 8711 January 1997 8712 January 1997 9331 July 1998 Legal services …………………………... Engineering design, analysis, and consulting services …………………….. Architectural design, analysis, and consulting services ……………………... Premiums for property and casualty insurance ………………………………... Electronics and appliance stores ……... Building material and garden equipment and supplies dealers…………………….. Sporting goods, hobby, book, and music stores ……………………………... General merchandise stores ………….. Title NAICS Construction, mining, and forestry machinery and equipment rental and leasing ……………………………………. Management consulting services ……... Security guards and patrol services …... Offices of dentists ……………………….. Blood and organ banks ………………… 236211 236221 July 2005 New school construction ………………. 236222 July 2006 New office construction ………………... New health care building construction... Concrete contractors, nonresidential building work ……………………………. Roofing contractors, nonresidential building work ……………………………. Electrical contractors, nonresidential building work ……………………………. Plumbing / HVAC contractors, nonresidential building work ..…………. Merchant wholesalers, durable goods .. Merchant wholesalers, nondurable goods …………………………………….. 236223 January 2007 236224 January 2013 23811X July 2008 23816X July 2008 23821X July 2008 23822X July 2008 423 July 2005 424 July 2005 532412 541610 January 2005 January 2007 561612 July 2005 621210 January 2011 621991 January 2007 Amusement and theme parks …………. 713110 July 2006 Golf courses and country clubs ……….. 713910 July 2006 Fitness and recreational sports centers . Commercial machinery repair and maintenance……………………………... 713940 July 2005 811310 July 2007 Weights Weights for most commodity groupings of the PPI, as well as, weights for commodity-based aggregate indexes calculated from commodity groupings, such as FD-ID indexes, currently reflect 2017 values of shipments as reported in the Census of Manufactures and other sources. From January 2018 to December 2022, PPI weights were derived from 2012 shipment values. Industry indexes now are calculated under the 2022 NAICS structure utilizing 2017 value of shipment weights and 2012 net output ratios. The periodic update of the value weights used to calculate the PPI is done to more accurately reflect changes in production and marketing patterns in the economy. Net output values of shipments are used as weights for industry indexes. Net output values refer to the value of shipments from establishments within the industry to buyers outside the industry. However, weights for commodity indexes are based on gross shipment values, including values of shipments between establishments within the same industry. As a result, broad commodity grouping indexes, such as the PPI for All Commodities (which is composed of major commodity groupings 01 through 15), are affected by the NAICS New Industrial building construction ….. New warehouse building construction .. Code January 2008 10 Equals percent change multiple counting of price change at successive stages of processing, which can lead to exaggerated or misleading signals about inflation. The intermediate demand by commodity type FD-ID indexes partially correct for this defect, but industry indexes, final demand FD-ID indexes, and intermediate demand by production flow FD-ID indexes consistently correct for this at all levels of aggregation. Therefore, industry and FD-ID indexes are more appropriate than broad commodity groupings for analysis of general price trends. 3.4 Seasonally Adjusted and Unadjusted Data Because price data are used for different purposes by different groups, BLS publishes seasonally adjusted and unadjusted changes each month. Seasonally adjusted data are preferred for analyzing general price trends in the economy because these data eliminate the effect of changes that normally occur at about the same time, and in about the same magnitude, every year—such as price movements resulting from normal weather patterns, regular production and marketing cycles, model changeovers, seasonal discounts, and holidays. For these reasons, seasonally adjusted data more clearly reveal underlying trends. Unadjusted data are of primary interest to users who need information that can be related to actual dollar values of transactions. Individuals requiring this information include marketing specialists, purchasing agents, budget and cost analysts, contract specialists, and commodity traders. It is the unadjusted data that are generally cited when escalating long-term contracts such as purchasing agreements or real estate leases. For more information, see Price Adjustment Guide for Contracting Parties, on the Web at: www.bls.gov/ppi/publications/priceadjustment-guide-for-contracting-parties.htm. Seasonal adjustment is accomplished using X-13 ARIMA, a software package published by the U.S. Census Bureau. Each year, the seasonal status of most commodity indexes is reevaluated to reflect more recent price behavior. Industry net output indexes are not seasonally adjusted. For time series that exhibit seasonal pricing patterns, new seasonal factors are estimated and applied to the unadjusted data from the prior 5 years. Updated seasonally adjusted indexes replace the most recent 5 years of seasonal data. Seasonal factors may be applied to series using either a direct or an aggregative method. Generally, commodity indexes are seasonally adjusted using direct seasonal adjustment, which produces a more complete elimination of seasonal movements than does the aggregative method. However, the direct seasonal adjustment process may not yield figures that possess additive consistency. Thus, a seasonally adjusted index for a broad category that is directly adjusted may not be logically consistent with all seasonally adjusted indexes for its components. Seasonal movements for FD-ID indexes are derived indirectly through an aggregative method that combines movements of a wide variety of subproduct class (six-digit) series. Seasonally adjusted indexes can become problematic when previously stable and predictable price patterns abruptly change. If the new pattern persists, the seasonal adjustment method will eventually reflect it; if the pattern keeps shifting, however, seasonally adjusted data will become chronically troublesome. This problem occurs relatively infrequently for farm and food-related products, but has more often affected manufactured products such as automobiles and steel. Since January 1988, the PPI has used Intervention Analysis Seasonal Adjustment methods to enhance the calculation of seasonal factors. With this technique, outlier values that may distort the seasonal pattern are removed from the data prior to applying the standard seasonal factor estimation procedure. For example, a possible economic Price Index Reference Base Effective with publication of January 1988 data, many important PPI series (including most commodity groups and individual items) were placed on a new reference base, 1982 = 100. From 1971 through 1987, the standard reference base for most PPI series was 1967 = 100. Except for rounding differences, the shift to the new reference base did not alter any previously published percent changes for affected PPI series. (See “Calculating Index Changes,” below.) The 1982 reference base is not used for commodity indexes with a base later than December 1981 or for industry net output indexes and their products. The FD-ID indexes typically have a reference base of November 2009 = 100. For further information on the underlying concepts and methodology of the Producer Price Index, see chapter 14, “Producer Prices,” in the BLS Handbook of Methods. This chapter can be downloaded from the BLS Web site at www.bls.gov/opub/hom/homch14.htm. Calculating Index Changes Each PPI measures price changes from a reference period that equals 100.0. An increase of 5.5 percent from the reference period in the Final Demand Goods Price Index, for example, is shown as 105.5. This change also can be expressed in dollars, as follows: prices received by domestic producers of a sample of final demand goods have risen from $100 in November 2009 to $105.50. Likewise, a current index of 90.0 would indicate that prices received by producers of final demand goods are 10 percent lower than they were in November 2009. Movements of price indexes from one month to another are usually expressed as percent changes, rather than as changes in index points. Index point changes are affected by the level of the index in relation to its base period, whereas percent changes are not. The following example shows the computation of index point and percent changes. Index point change Final Demand Goods Price Index 107.5 Less previous index 104.0 Equals index point change 3.5 Index percent change Index point change 3.5 Divided by the previous index 104.0 Equals 0.034 Result multiplied by 100 0.034 x 100 11 PPI time series identifiers. There are five alphabetic prefixes used to create unique PPI time series identifiers: WP, WD, PC, PD, and ND. Each provides the user access to a different PPI database. Adding either a “u” (not seasonally adjusted) or an “s” (seasonally adjusted) to the end of these prefixes further specifies the type of data needed. cause for large price movements for petroleum-based products might have been the COVID-19 pandemic. In this case, intervention techniques allowed for better estimates of seasonally adjusted data. On the whole, very few series have required intervention. Out of over 400 seasonally adjusted commodity series, 69 were subject to intervention in 2023. For more information relating to seasonal adjustment methods, see “PPI and CPI Seasonal Adjustment: an Update” in the July 2010 Monthly Labor Review, and “PPI and CPI Seasonal Adjustment During the COVID-19 Pandemic” in the May 2022 Monthly Labor Review. EXAMPLES For commodity and FD-ID indexes, series identifiers combine a “wpu” prefix (not seasonally adjusted) or a “wps” prefix (seasonally adjusted) with a commodity code. Producer Price Index Data on the Internet In 1995, the BLS began posting PPI series, news releases, and technical information to the internet. There were more than 13 million instances of PPI data being downloaded from the BLS website during 2022. Commodity code wps141101 wpu141101 Retrieving PPI data from the PPI Web site PPI data can be obtained online (www.bls.gov/ppi). On this page, under the tab labeled “Featured PPI databases” links provide the following methods of data retrieval: • • wpufd4 Top Picks is a form-based application for both Industry Data and Commodity Data that allows the user to quickly obtain PPI time series data by selecting the high-level aggregate and other commonly requested time series, including the All Commodities Index and the FD-ID indexes (for example, Final Demand). Within each list, any one—or all—of the time series shown can be selected. A user can modify the date range and output options after executing the query, using the reformat button above the data output table. wpsid63 One-Screen Data Search and Multi-Screen Data Search are form-based query applications for both Industry Data and Commodity Data designed for users unfamiliar with the PPI coding structure. These applications guide a user through the PPI classification by listing index titles and do not require knowledge of commodity or industry codes. Data retrieved are based on a query formulated by selecting data characteristics from lists provided. Two options are available to create customized tables, depending on a user’s browser capability. The one-screen option is a JavaScript application that uses a single screen to guide a user through the available time series data. The second option is a multiple-screen, non-Java-based application. Both methods allow a user to browse the PPI coding structure and select multiple series. Users can modify the date range and output options after executing the query using the reformat button above the data output table. wdu0635 For discontinued commodity indexes, series identifiers combine a “wdu” prefix (not seasonally adjusted) or a “wds” prefix (seasonally adjusted) with a commodity code. Commodity code wds019 wdusi138011 Provides data for: Other farm products, seasonally adjusted Preparations, ethical (prescription), not seasonally adjusted Stainless steel mill products, not seasonally adjusted Current price indexes grouped by industry according to NAICS have series identifiers that begin with the prefix “pcu.” After the prefix, there are 12 digits (the 6digit industry code is listed twice) followed by up to 7 alphanumeric characters identifying product detail. Dashes are used as placeholders for higher-level industry group codes. Industry-product code, current NAICS series pcu325---325--pcu336110336110 pcu621111621111411 • Provides data for: Passenger cars, seasonally adjusted Passenger cars, not seasonally adjusted Final demand, not seasonally adjusted Services for intermediate demand, seasonally adjusted Series Report is a form-based application that allows users to input multiple, formatted PPI time series identifiers (commodity or industry codes) as inputs in extracting data according to a specified set of date ranges and output options. This application provides the most efficient path for users who are familiar with the format of 12 Provides data for: Chemical manufacturing Automobile and light duty motor vehicle manufacturing Offices of physicians, one- and two-physician practices and single-specialty group practices, general/family practice Discontinued industry-product codes based on SIC combine a “pdu” prefix and “#” between the fourth and fifth characters of the product code. Series identifiers for the discontinued dataset use underscores as placeholders to complete a reference to an SIC industry group code of fewer than four digits. (All PPI industry-based indexes organized by SIC were discontinued with the introduction of NAICS in 2004.) Industry-product code, discontinued SIC series pdu28_ _# pdu331_# pdu3711#111 Directory: Industry Data Industry Data - Discontinued (NAICS basis) (SIC basis) Commodity Data (incl. FD-ID) Commodity Data – Discontinued Special requests • /pub/time.series/nd /pub/time.series/pd /pub/time.series/wp /pub/time.series/wd /pub/special.requests/ppi Additional information Provides data for: Chemicals and allied products Blast furnaces, steel works, and rolling and finishing mills Passenger cars The PPI homepage (www.bls.gov/ppi) contains additional information regarding PPI data and methodology. The “PPI Publications” section of the homepage provides PPI news releases, both current and archived, as well as general PPI information. The “PPI Tables” section provides relative importance and seasonal factor tables. The remaining sections offer special notices and publications pertaining to PPI methodology and applications. For questions or comments regarding PPI data classification, methodology, or data availability on the Internet, call or e-mail the Section of Index Analysis and Public Information at (202) 691-7705 or ppi-info@bls.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Price indexes for discontinued series grouped by industry according to NAICS have identifiers that begin with the prefix “ndu”. After the prefix, there are 12 numeric digits (the 6-digit industry code is listed twice), and up to 7 additional alphanumeric characters that identify product detail. Dashes are used as placeholders for higher-level group codes. Industry-product code, discontinued NAICS series ndu212231212231 ndu2122312122312 ndu212231212231214 /pub/time.series/pc Provides data for Lead and zinc ore mining Lead, zinc concentrates Lead concentrates Text Files are best suited for users requiring access to either a large volume of time series data or other PPI-related documentation, such as seasonal factor tables and relative importance tables. The text files can be accessed at download.bls.gov/ or directly from links on the “PPI Databases” page or the PPI homepage. Data and documentation available for download include the following: 13 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted [December 2023] Commodity code Grouping Group code Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p Final Demand Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, processed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer energy goods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less foods and energy3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . Nondurable consumer goods less foods and energy. . . . . . . . . . . . . . . . . Durable consumer goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment for manufacturing industries. . . . . . . . . . . . . . . Private capital equipment for nonmanufacturing industries. . . . . . . . . . . Government purchased goods, excluding foods and energy. . . . . . . . . . . . . . Government purchased goods excluding foods, energy, and capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export, excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand trade services4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of finished goods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of personal consumption goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods, excluding capital equipment. . . Trade of government purchased capital equipment. . . . . . . . . . . . . . . . . . . . Trade of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of private passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of government passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods for final demand. . . . . . . . . . . . . . . Transportation and warehousing of finished goods3. . . . . . . . . . . . . . . . . . . . Transportation and warehousing of personal consumption goods. . . . . Transportation and warehousing of private capital equipment. . . . . . . . Transportation and warehousing of government purchased goods. . . . . . Transportation and warehousing of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade, transportation, and warehousing. . . . . . . . . Finished services less trade, transportation, and warehousing3. . . . . . . . . . . Finished consumer services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gov. purchased services less trade, transportation, and warehousing, excl. capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export less trade, transportation, and warehousing. . . . . . . . . . . Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for private capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 4 41 411 4111 41113 41112 4112 4113 412 4121 4122 4123 413 4131 41311 413111 413112 41312 413121 413122 4132 100.000 30.653 5.940 4.511 0.606 3.905 0.406 1.023 5.853 4.451 0.942 0.460 18.859 10.768 5.731 3.441 2.290 5.037 1.222 3.815 1.967 1.0 -0.8 -5.0 -4.3 -41.4 1.5 0.7 -10.1 -4.8 -2.7 -10.2 -14.1 1.8 2.6 2.4 3.3 1.1 2.7 3.7 2.5 0.6 0.7 1.9 -0.4 -0.2 -5.6 0.3 0.2 -1.5 10.2 8.7 15.7 15.1 0.1 0.2 0.2 0.2 0.1 0.2 0.2 0.2 0.1 0.4 0.8 0.6 0.6 -3.6 0.9 1.3 0.6 3.1 3.0 3.2 4.0 0.2 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 -0.4 -1.4 -0.1 0.1 -3.1 0.3 1.0 -1.7 -6.7 -7.5 -4.7 -1.9 0.0 0.0 0.0 0.2 -0.3 0.0 0.1 0.0 0.1 -0.1 -0.3 0.7 0.6 19.3 -0.9 -0.1 1.2 -2.4 -2.2 -2.3 -4.3 0.1 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.0 -0.1 -0.4 -0.9 -0.8 -6.4 -0.3 -0.7 -1.6 -1.2 0.4 -6.0 -7.7 0.0 0.0 -0.1 0.0 -0.2 0.0 0.1 -0.1 0.0 FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 41321 41322 4133 42 423 4231 42311 42312 4232 42321 42322 4233 422 4221 42211 42212 42213 4222 42221 422211 422212 42222 42223 421 4211 1.160 0.807 6.124 66.677 19.700 17.049 13.855 3.194 0.750 0.457 0.293 1.901 5.213 1.275 0.860 0.103 0.312 3.938 2.567 2.063 0.504 0.233 1.138 41.763 36.505 -0.1 1.8 0.7 1.8 -0.8 -1.3 -0.7 -3.9 2.1 5.6 -3.2 2.4 -4.5 -0.1 -0.1 -0.1 -0.1 -6.0 -6.7 -6.4 -7.7 -4.7 -4.7 3.8 3.7 0.1 0.2 0.0 0.2 0.1 0.1 0.1 0.2 -0.3 -0.7 0.3 -0.3 -0.1 -2.1 -2.1 -2.1 -2.2 0.6 0.6 0.6 0.6 0.4 0.8 0.3 0.3 0.3 0.1 0.1 0.2 -0.1 -0.1 -0.3 0.5 0.0 -0.4 0.6 -0.2 0.1 -3.2 -3.2 -3.2 -3.3 1.3 1.3 1.3 1.4 1.2 1.2 0.4 0.4 0.2 0.1 0.0 0.0 -0.3 -0.4 -0.3 -1.2 0.4 1.3 -1.0 0.9 0.7 2.1 2.1 2.1 2.1 0.3 0.2 0.2 0.2 0.2 0.4 0.0 0.1 -0.2 0.2 0.1 0.0 -0.1 -0.3 -0.4 0.2 0.7 0.5 1.0 0.9 -0.2 -0.6 -0.6 -0.6 -0.6 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 0.1 0.1 0.0 0.0 0.1 0.0 -0.8 -0.7 -0.2 -3.1 -1.4 0.4 -4.2 -1.3 -0.4 2.1 2.1 2.1 2.1 -1.2 -1.3 -1.3 -1.4 -1.0 -1.0 0.4 0.3 FD 42111 32.158 3.6 0.2 0.4 0.1 0.1 0.3 FD 42112 4.347 4.1 0.7 0.2 0.3 -0.1 0.7 FD 4212 2.674 3.8 0.4 0.3 -0.4 0.1 0.6 FD 42121 2.515 3.8 0.4 0.3 -0.4 0.1 0.6 FD FD FD FD FD 42122 4213 43 431 432 0.159 2.584 2.670 1.856 0.814 3.7 6.2 0.5 0.5 0.6 0.6 0.2 0.1 0.1 0.0 -0.2 0.6 0.1 0.1 0.0 0.5 -0.5 -0.3 -0.4 -0.2 -1.0 -0.3 -0.1 -0.2 -0.1 1.2 1.1 0.1 0.1 0.0 Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49101 49102 86.458 92.111 1.1 1.0 0.8 0.6 0.4 0.4 -0.5 -0.4 -0.1 -0.1 -0.1 -0.1 Special Groupings of Final Demand See footnotes at end of table. 14 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Final demand less foods, food and nonalcoholic beverages for immediate consumption, and energy5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods and energy5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods and food and nonalcoholic beverages for immediate consumption5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods plus final demand distributive services6. . . . . . . . . . . . . . . . . . . . Final demand less foods, energy, and trade services5. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital investment services. . . . . . . . . . . . . . . . . Total private and government purchased capital investment. . . . . . . . . . . . . . . . . . . . . Total finished3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods, food and nonalcoholic beverages for immediate consumption, and energy3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and energy3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and food and nonalcoholic beverages for immediate consumption3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less energy3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less energy3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods, excluding foods3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total private capital investment (goods, services, and construction). . . . . . . . . . . . . Finished goods plus finished distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . Total exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchased capital investment (goods, services, construction).. . Government purchases, defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchases, non-defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods (finished consumer goods). . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption nondurable goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and trade services4. . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and distributive services6. . . . . . . . . . . . Personal consumption goods plus personal consumption distributive services6. . . Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p FD FD 49103 49104 87.791 88.207 1.6 1.8 0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 -0.1 0.0 FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 49105 49106 49107 49108 49109 49111 49112 49113 49114 49115 49116 49117 49118 49119 49201 93.644 94.060 94.147 80.300 76.362 24.799 24.712 46.976 23.638 54.290 68.507 5.844 8.497 14.341 78.567 1.2 1.4 1.3 1.4 1.8 0.2 0.2 2.9 -1.7 -1.2 2.5 2.6 0.1 1.0 1.2 0.8 0.8 0.1 0.9 0.9 0.0 2.4 0.3 0.2 1.2 0.2 0.2 0.5 0.3 0.7 0.4 0.4 0.2 0.5 0.5 0.3 0.9 0.4 0.1 0.5 0.3 0.2 0.4 0.3 0.4 -0.5 -0.5 0.0 -0.5 -0.5 0.0 -1.7 0.1 -0.2 -0.9 0.1 0.0 -0.3 -0.2 -0.5 -0.1 -0.1 0.1 -0.1 -0.1 0.3 -0.5 0.0 -0.1 -0.2 0.1 0.2 0.1 0.1 -0.1 -0.1 -0.1 -0.1 0.0 0.1 -0.2 -0.3 0.3 -0.9 -0.6 0.2 0.0 -1.0 -0.5 -0.1 FD FD 49202 49203 69.193 69.605 1.8 1.8 0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 49204 49205 49206 49207 49208 49209 49210 49211 49212 49213 49214 49215 49216 49301 49302 49303 49401 49402 49403 49404 49405 49406 49501 49502 49503 49504 49508 49505 49506 49507 49510 49511 49512 49509 73.644 74.056 74.116 19.730 15.279 15.219 56.981 8.045 19.616 39.932 37.365 14.938 39.346 13.542 7.607 5.935 7.889 3.315 3.760 2.073 2.344 5.545 63.629 14.693 10.242 10.182 7.892 48.936 49.774 47.711 54.667 40.812 38.749 30.611 1.5 1.5 1.4 -0.2 0.5 1.0 1.7 0.2 -2.0 2.9 3.6 1.1 -1.1 0.2 -1.6 2.6 0.4 -2.4 2.8 0.8 0.0 0.6 1.2 -1.2 -0.5 0.2 -0.1 1.9 1.7 2.1 2.0 2.9 3.4 -1.3 0.7 0.7 0.2 2.1 0.1 2.7 0.2 0.5 0.2 0.3 0.2 0.4 1.1 0.3 0.6 0.0 1.8 4.2 0.2 0.2 2.1 1.7 0.8 2.7 0.0 3.9 5.0 0.2 0.9 0.9 0.2 0.2 0.2 1.4 0.4 0.4 0.2 0.9 0.3 1.0 0.2 0.4 0.0 0.4 0.3 0.3 0.5 0.3 0.4 0.2 0.6 1.2 0.2 0.1 0.9 0.5 0.4 1.2 0.3 1.5 1.8 0.2 0.6 0.6 0.2 0.3 0.3 0.5 -0.5 -0.5 0.0 -1.8 0.0 -2.4 0.0 -0.3 -0.4 0.2 0.2 -0.2 -1.1 -0.1 -0.3 0.2 -0.6 -1.2 -0.1 -0.2 -0.5 -0.6 -0.6 -2.5 0.1 -3.5 -4.4 0.0 -0.6 -0.7 0.0 0.1 0.1 -1.3 -0.1 -0.1 0.0 -0.3 0.3 -0.5 0.0 0.0 -0.2 0.1 0.1 0.1 -0.3 0.0 0.0 0.1 -0.2 -0.7 0.2 0.1 -0.4 -0.1 -0.1 -0.4 0.4 -0.9 -1.2 0.0 -0.1 -0.1 0.0 0.1 0.1 -0.4 0.0 0.0 -0.1 -0.1 -0.3 0.1 0.0 -0.9 -0.8 0.3 0.4 -0.5 -0.5 -0.3 -0.5 0.0 -0.6 -1.7 0.2 -0.5 -1.4 -0.3 0.0 -0.2 -0.4 0.1 0.2 0.1 0.1 0.2 0.1 0.2 0.3 -0.3 ID6 ID6 ID6 ID6 ID6 ID6 ID6 1 11 111 1111 1112 1113 112 100.000 42.908 26.996 4.432 12.302 10.262 15.912 -2.7 -2.3 -4.7 -5.1 -7.1 -1.6 1.9 2.1 -0.2 -0.3 0.9 -0.2 -1.0 0.0 0.6 0.1 0.1 0.9 0.8 -1.1 0.1 -1.0 -0.2 -0.3 0.2 0.5 -1.5 0.1 -0.4 -0.4 -0.7 -0.7 -0.8 -0.5 0.1 -0.6 0.2 0.2 -0.5 -0.5 1.3 0.3 Intermediate Demand by Commodity Type Processed goods Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials and components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See footnotes at end of table. 15 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Components for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials and components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fuels and lubricants for intermediate demand. . . . . . . . . . . . . . . . . . . . . . Processed fuels and lubricants to manufacturing industries. . . . . . . . . . . . . . . . . Processed fuels and lubricants to nonmanufacturing industries. . . . . . . . . . . . . Containers for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, feeds. . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, other than feeds. . . . . . . . . . . . . . . . Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 1121 1122 12 121 122 13 131 132 14 15 151 152 1521 1522 0.793 15.119 10.348 4.574 5.774 19.830 5.016 14.814 3.107 23.807 3.173 20.634 2.363 18.271 -1.5 2.0 1.4 0.9 1.7 -7.9 -7.1 -8.1 -3.1 -0.9 -0.9 -0.9 -9.7 0.2 -0.1 0.1 0.1 0.2 0.1 11.8 6.9 13.5 -0.5 0.0 -0.2 0.1 0.6 0.0 -0.4 0.1 0.3 0.6 0.2 2.4 1.6 2.6 -0.4 0.1 0.0 0.2 0.1 0.2 0.0 0.1 0.0 -0.4 0.3 -4.5 -0.2 -5.9 -0.2 -0.1 0.0 -0.1 -1.7 0.1 0.1 0.1 0.2 0.0 0.3 -1.2 0.0 -1.5 -0.4 -0.2 0.0 -0.2 -0.2 -0.2 0.4 0.3 0.3 0.0 0.5 -3.8 -2.7 -4.1 0.3 -0.1 0.1 -0.1 -1.7 0.0 ID6 ID6 ID6 ID6 ID6 2 21 22 221 2211 100.000 36.058 63.942 45.514 43.610 -19.0 -16.5 -20.5 -7.0 -7.7 2.3 0.1 3.6 4.3 4.4 3.3 2.3 3.9 5.2 5.4 -2.0 -3.1 -1.3 -1.9 -2.0 -2.4 -1.0 -3.3 -5.0 -5.3 -4.4 -2.5 -5.5 -6.9 -7.3 ID6 ID6 ID6 ID6 2212 222 2221 2222 1.904 18.428 0.982 17.446 8.4 -51.9 -19.3 -53.7 1.2 0.5 1.3 0.4 0.4 -2.9 -3.3 -2.8 0.3 1.6 2.5 1.5 0.5 6.2 0.0 6.9 0.6 1.4 1.2 1.4 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 3 33 331 332 32 321 3211 3212 322 3221 100.000 18.127 8.929 9.198 14.516 1.069 0.127 0.942 13.447 2.941 3.4 4.6 4.8 4.3 -0.8 -0.1 -0.1 -0.1 -0.8 -3.9 -0.1 -0.5 -0.8 -0.3 -0.6 -2.1 -2.2 -2.1 -0.5 0.6 0.2 -0.5 -0.9 -0.2 0.6 -3.2 -3.2 -3.2 0.9 0.9 0.0 1.8 1.9 1.6 0.6 2.1 2.1 2.1 0.5 0.3 0.3 0.6 0.9 0.3 -0.2 -0.6 -0.6 -0.6 -0.1 0.1 0.4 0.4 0.3 0.4 0.1 2.1 2.1 2.1 -0.1 -0.8 Unprocessed goods Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials except fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials except fuel to manufacturing industries. . . Unprocessed nonfood materials except fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . Services Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for intermediate demand4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services for intermediate demand. . . . . . . . . . . . Transportation of passengers for intermediate demand. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for manufacturing industries. . . . . . . . . . . . . . . . Transportation of passengers for nonmanufacturing industries. . . . . . . . . . . . Transportation and warehousing of goods for intermediate demand. . . . . . . . . Transportation and warehousing of goods for manufacturing industries. . . . Transportation and warehousing of goods for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 3222 10.506 0.0 -0.8 0.9 0.5 -0.2 0.1 ID6 31 67.357 4.0 0.1 0.3 -0.5 0.3 0.5 ID6 311 2.068 4.1 0.2 0.2 0.4 0.0 0.5 ID6 312 65.288 4.0 0.1 0.3 -0.6 0.4 0.5 100.000 3.3 0.0 0.0 0.1 0.0 0.1 9111 9112 9113 9118 9115 9116 9117 9211 9212 9213 9216 90.968 9.032 19.830 80.170 71.138 31.574 – 58.389 43.623 56.377 20.319 -2.5 -5.3 -7.9 -1.4 -0.9 2.3 -1.2 -19.7 -28.7 -11.6 -3.0 2.3 0.7 11.8 -0.1 -0.2 -0.5 1.3 4.1 6.0 0.1 0.1 0.6 0.7 2.4 0.1 0.0 0.1 0.4 4.7 6.8 1.2 -0.7 -1.1 -0.3 -4.5 -0.1 -0.1 1.2 -0.4 -1.2 -2.1 -1.9 0.0 -0.4 -0.6 -1.2 -0.3 -0.2 0.3 -0.2 -3.4 -5.8 -0.3 0.9 -0.6 -0.7 -3.8 0.1 0.2 0.2 -0.4 -5.9 -9.1 -1.4 0.2 4 41 411 100.000 30.237 22.423 2.1 0.1 -1.5 0.5 -0.1 -0.1 0.2 -0.2 -0.1 -0.3 0.1 -0.3 0.1 0.1 -0.1 0.2 0.1 0.0 Construction Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 4 Special Groupings of Intermediate Demand by Commodity Type Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed energy goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed materials less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Intermediate distributive services7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed goods plus intermediate distributive services. . . . . . . . . . . . . . . . . . . . . . . . Unprocessed materials less agricultural products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed energy materials8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials less energy9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 Intermediate Demand by Production Flow Stage 4 Intermediate Demand Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 Inputs to stage 4 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 See footnotes at end of table. 16 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 4111 4112 4113 412 4123 4122 41221 41222 4121 42 421 4211 4212 4213 422 4223 4222 42221 42222 4221 423 43 431 4312 4313 432 4323 4322 43221 43222 4321 3.300 0.220 18.903 7.814 5.817 0.515 0.077 0.438 1.482 54.970 13.984 2.360 4.133 7.491 40.934 4.078 3.742 0.490 3.252 33.114 0.052 14.792 10.801 0.855 9.946 3.991 1.692 0.725 0.015 0.710 1.574 -9.0 -21.1 0.1 4.8 5.6 -2.5 -0.1 -2.9 4.2 3.3 0.1 -3.1 0.3 1.0 4.4 3.9 1.6 -0.1 1.8 4.8 3.3 1.4 1.2 -9.0 2.1 1.8 4.2 -6.9 -0.1 -7.1 3.1 0.6 4.8 -0.2 0.0 0.0 0.0 -2.2 0.5 -0.1 0.7 1.2 0.5 4.0 -0.1 0.5 -0.4 -0.7 -2.1 -0.5 0.7 0.0 1.2 1.7 18.7 0.3 -0.1 -0.3 0.5 -2.2 0.5 -0.1 -0.8 4.6 -0.1 -0.3 -0.7 0.3 -3.3 1.0 0.7 0.4 0.6 1.3 1.0 0.1 0.3 -0.6 0.5 -3.2 1.1 0.4 0.0 0.7 0.7 4.5 0.4 0.4 0.2 1.3 -3.2 1.4 0.3 -1.6 4.0 -0.1 1.2 1.4 1.0 2.1 0.8 0.2 -0.5 -0.5 -0.1 -1.8 0.0 -0.5 1.4 0.5 2.1 0.3 -0.9 0.1 -0.5 -1.1 -11.5 0.0 1.1 2.0 0.4 2.1 0.4 0.6 0.5 -7.2 -0.1 0.8 1.0 0.1 -0.6 0.2 0.0 0.3 0.2 -1.3 1.2 0.1 0.3 0.7 -0.3 -0.6 -0.2 0.3 0.0 -0.2 -0.3 -4.8 0.1 0.0 0.0 -0.1 -0.6 -0.1 0.0 -0.5 -5.6 0.2 0.2 0.1 -0.2 2.1 -0.6 0.4 0.3 -0.3 -0.9 -0.7 0.1 0.5 0.1 0.3 2.1 0.0 0.6 0.1 0.3 0.3 -1.5 0.5 0.2 0.8 -1.2 2.1 -1.3 0.1 Stage 3 Intermediate Demand Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 3 31 311 3111 3112 3113 312 3123 3122 31221 31222 3121 32 321 3211 3212 3213 322 3223 3222 32221 32222 3221 323 33 331 3313 332 3323 3322 33222 3321 100.000 45.352 35.807 11.906 1.292 22.609 9.545 5.175 3.002 0.144 2.858 1.368 53.518 10.628 0.090 6.619 3.919 42.317 2.614 10.018 0.021 9.997 29.685 0.573 1.131 0.566 0.566 0.565 0.521 0.015 0.015 0.029 -2.4 -5.9 -7.7 -16.5 -12.0 -2.8 0.8 3.4 -5.5 -0.1 -5.8 4.5 0.4 -8.6 -3.7 -13.4 -0.5 2.6 5.4 1.3 0.0 1.3 2.9 3.3 1.3 -1.5 -1.5 4.2 4.3 0.7 0.7 4.0 1.1 0.3 0.6 2.2 8.4 -0.6 -0.5 -1.2 0.5 -2.2 0.6 0.3 1.8 13.2 1.1 22.6 0.1 -0.7 -0.6 -1.2 0.1 -1.2 -0.5 0.0 0.6 0.0 0.0 1.1 1.2 0.8 0.8 -0.2 0.6 0.6 0.9 2.6 3.8 -0.1 -0.3 -1.0 0.9 -3.2 1.1 0.2 0.6 2.4 -0.5 3.8 0.2 0.2 -0.2 0.7 -0.2 0.7 0.0 0.0 0.9 0.2 0.2 1.5 1.6 0.5 0.5 0.0 -0.6 -0.6 -1.2 -2.9 1.0 -0.6 1.6 2.5 0.4 2.1 0.3 0.5 -0.7 -4.3 0.0 -6.7 0.0 0.2 1.3 0.7 0.0 0.7 0.0 0.1 0.0 -0.8 -0.8 0.6 0.6 0.6 0.6 0.4 -0.3 -0.7 -1.0 -2.5 -3.2 -0.2 0.4 0.8 0.0 -0.6 0.0 0.0 -0.1 -2.0 0.6 -3.1 -0.1 0.4 0.3 -0.2 0.0 -0.2 0.6 0.0 -0.1 0.0 0.0 -0.2 -0.2 0.3 0.3 -0.2 -0.4 -0.2 -0.3 -1.4 -4.7 0.4 0.0 0.5 -0.9 2.1 -1.1 0.2 -0.6 -5.1 -0.9 -8.3 -0.1 0.5 0.7 0.4 0.1 0.4 0.5 0.1 -0.1 0.0 0.0 -0.1 -0.2 -0.1 -0.1 0.5 Stage 2 Intermediate Demand See footnotes at end of table. 17 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 2 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 2 21 211 2111 2112 2113 212 2123 2122 21221 21222 2121 213 22 221 2211 2212 2213 222 2223 2222 22221 22222 2221 223 100.000 54.274 40.812 4.355 21.042 15.415 13.197 5.150 4.488 0.168 4.320 3.559 0.265 45.725 5.072 0.055 0.357 4.660 39.767 2.238 2.862 0.390 2.472 34.667 0.886 -5.5 -12.0 -17.0 -11.6 -28.2 -3.2 3.0 3.2 1.4 -0.1 1.4 4.6 3.3 2.3 -1.6 -13.5 -14.5 -0.5 2.7 0.7 -7.0 -0.1 -8.0 3.7 3.3 0.7 1.5 2.5 -1.4 6.1 -0.2 -0.9 -2.0 0.1 -2.1 0.2 -0.4 0.0 -0.3 0.8 -1.8 15.6 -0.1 -0.4 1.3 -4.6 -2.1 -5.1 -0.2 0.0 1.1 2.4 3.5 1.6 6.9 0.2 -0.5 -1.2 0.0 -3.1 0.1 -0.2 0.0 -0.2 0.3 0.1 2.2 0.2 -0.3 -1.1 0.5 -3.2 1.1 -0.3 0.0 -0.3 -0.8 -1.4 -2.7 -2.5 0.2 0.8 1.6 0.3 2.0 0.3 0.3 0.1 0.3 -0.3 -0.7 -7.7 0.3 0.3 5.2 1.2 2.1 1.0 0.0 0.1 -1.0 -1.9 -2.7 1.4 -5.8 -0.3 0.4 0.7 0.1 -0.6 0.1 0.1 0.0 0.1 -0.3 1.6 -1.5 -0.2 0.1 -1.0 -0.3 -0.6 -0.2 0.2 0.0 -1.6 -3.3 -4.6 -2.8 -8.8 -0.4 0.1 0.0 0.2 2.0 0.1 0.1 0.1 0.1 -0.3 -1.0 -4.3 0.0 0.2 1.4 1.1 2.1 1.0 0.1 0.1 Stage 1 Intermediate Demand Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 1 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 1 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 1 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 1 11 111 1111 1112 1113 112 1123 1122 11221 11222 1121 113 12 121 1211 1212 1213 122 1223 1222 12221 12222 1221 123 13 131 1312 1313 132 1323 1322 13222 1321 100.000 33.533 24.780 3.351 3.963 17.466 8.752 5.298 0.599 0.103 0.496 2.855 0.001 53.646 16.434 0.115 5.528 10.791 37.209 3.617 4.373 1.342 3.031 29.219 0.003 12.821 9.208 0.934 8.274 3.613 2.667 0.854 0.854 0.092 -0.2 -3.6 -6.1 -17.8 -13.2 -2.2 3.3 3.7 0.5 -0.1 0.6 3.1 3.3 1.9 -2.3 -44.1 -9.0 1.6 3.7 5.7 0.7 -0.1 1.1 3.9 3.3 0.4 -0.2 -19.4 2.0 1.8 5.1 -8.5 -8.5 3.5 1.4 0.4 1.0 -0.3 6.8 0.0 -0.9 -1.5 0.7 -2.2 1.3 -0.2 0.0 1.8 4.8 0.4 15.4 0.1 0.6 -0.1 -0.3 -2.2 0.5 0.8 0.0 2.2 2.7 30.2 0.4 0.9 1.1 0.6 0.6 -0.5 0.3 -0.2 -0.1 -2.7 2.1 -0.1 -0.6 -1.1 -0.5 -3.3 0.0 0.4 0.0 0.5 0.8 -0.9 2.1 0.2 0.4 -0.3 -0.4 -3.3 0.8 0.6 0.0 0.8 0.6 2.7 0.4 1.3 1.2 1.5 1.5 1.1 -0.4 0.4 -0.2 -1.6 -0.4 0.2 1.7 3.2 -0.1 2.1 -0.6 -0.4 0.1 -0.9 -1.7 -2.7 -5.3 0.2 -0.5 1.5 0.9 2.1 0.3 -0.9 0.1 -0.3 -0.7 -7.9 0.1 0.7 0.9 0.1 0.1 -0.2 -0.1 -0.5 -0.9 -0.9 -2.0 -0.6 0.6 0.7 0.1 -0.6 0.2 0.3 0.0 0.2 -0.3 0.6 -0.9 0.0 0.4 0.5 -0.3 -0.6 -0.2 0.5 0.0 -0.1 -0.1 -2.9 0.2 -0.1 -0.1 -0.1 -0.1 0.4 -0.2 -0.2 -0.5 -1.2 -4.2 0.4 0.5 0.6 0.2 2.1 -0.2 0.4 0.1 -0.2 -1.6 0.1 -5.0 0.1 0.4 0.7 0.4 2.1 -0.3 0.3 0.1 -0.5 -0.6 -10.5 0.4 -0.2 0.2 -1.5 -1.5 0.6 ID5 ID5 ID5 ID5 9411 9412 9413 9414 47.208 52.739 0.052 5.660 -0.4 4.3 3.3 -6.5 0.7 0.4 0.0 0.6 0.3 0.2 0.0 0.1 -0.5 -0.1 0.1 -0.9 -0.1 0.3 0.0 -0.3 0.0 0.4 0.1 -0.7 Special Groupings of Intermediate Demand by Production Flow Total Total Total Total goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . See footnotes at end of table. 18 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total energy goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 4 intermediate demand. . . . . . goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 3 intermediate demand. . . . . . goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 2 intermediate demand. . . . . . goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 1 intermediate demand. . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 Item code 9415 9416 9311 9312 9313 9314 9315 9316 9211 9212 9213 9214 9215 9216 9111 9112 9117 9114 9115 9116 1 Relative Importance Dec. 20221 5.208 36.340 47.001 52.427 0.573 11.996 7.911 27.094 45.884 52.964 1.151 4.410 21.399 20.075 50.422 49.574 0.004 3.466 10.425 36.531 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p -2.1 0.8 -7.8 2.3 3.3 -16.4 -13.2 -2.4 -15.3 2.8 3.3 -11.6 -28.0 -2.5 -3.7 3.5 3.3 -18.7 -11.5 -0.1 6.5 -0.1 3.3 -0.6 0.0 2.2 20.2 -0.5 2.3 -0.5 0.0 -1.4 6.2 -0.2 2.6 0.3 0.0 -0.2 13.3 0.1 1.8 0.1 1.2 0.1 0.0 2.6 3.8 -0.1 3.1 -0.4 0.0 1.5 6.8 0.2 0.3 0.3 0.0 -2.7 2.1 0.1 -3.4 -0.1 -2.0 0.5 0.1 -2.8 -5.5 -0.5 -1.3 0.5 0.1 -2.7 -2.6 0.2 -0.8 0.0 0.1 -1.7 -3.8 0.2 -0.2 0.0 -1.2 0.4 0.0 -2.5 -3.1 -0.1 -2.4 0.2 0.0 1.4 -5.7 -0.3 -0.5 0.4 0.0 -0.9 -1.5 -0.2 -1.0 0.2 -1.4 0.4 0.1 -1.4 -7.7 0.4 -4.1 0.2 0.1 -2.8 -8.7 -0.3 -0.9 0.4 0.1 -1.2 -5.2 0.3 Comprehensive relative importance figures are initially computed after the publication of December indexes and are recalculated after final December indexes are available. Individual items and subtotals may not add exactly to totals because of rounding differences. All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January. 3 PPI defines Total finished as including only the personal consumption and private capital investment portions of final demand. 4 Trade indexes measure changes in margins received by wholesalers and retailers. 5 The PPI definition of foods does not include food and beverages for immediate consumption. PPI defines food and beverages for immediate consumption as the service of preparing meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption. 6 Distributive services include transportation, warehousing, and trade of goods. 7 Includes intermediate trade, transportation, and warehousing services. 8 Includes crude petroleum. 9 Excludes crude petroleum. p Preliminary ″-″ Data not available. 2 19 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted [December 2023] Commodity code Grouping Group code Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 1.0 -0.8 -5.0 1.3 -51.2 -29.6 -61.5 -12.4 3.5 -3.9 0.1 20.4 -6.7 -3.8 -40.4 -4.3 -7.0 9.9 1.8 3.9 6.0 -10.2 2.8 -4.8 -15.5 4.8 -9.9 -5.3 -22.7 -18.7 1.8 1.4 5.9 -2.2 1.5 -0.1 1.3 -9.0 2.8 1.4 1.9 4.8 2.0 0.4 -2.8 19.4 1.2 7.6 2.5 10.5 5.5 6.0 3.4 -0.8 0.0 3.3 3.8 3.7 1.8 -1.1 2.4 1.9 9.4 6.3 0.7 1.9 -0.4 4.7 -11.5 -2.7 9.8 -4.3 0.1 -0.9 0.0 -4.5 -0.8 2.2 -3.2 -0.7 1.9 0.3 -0.5 0.9 5.8 -0.1 0.1 10.2 4.7 -0.1 -0.9 18.7 20.8 39.2 0.1 0.2 0.0 0.0 0.1 -0.4 -0.1 -0.2 0.1 0.0 0.0 0.0 0.0 0.1 -0.6 2.9 0.1 0.0 0.0 0.1 0.5 0.5 0.0 1.4 0.0 -0.3 0.5 0.4 0.1 0.3 0.0 0.0 0.6 0.0 0.4 0.8 0.6 0.2 -13.9 -6.3 8.1 4.3 1.0 -2.7 0.0 2.9 0.9 7.2 -2.5 -1.7 1.4 2.0 -0.4 -0.8 0.3 -3.9 -0.2 3.1 9.7 0.9 -0.1 5.1 9.0 2.6 0.2 0.5 0.0 0.0 0.0 0.0 -0.3 1.4 0.2 -0.1 0.0 -0.1 -0.2 -0.3 0.1 0.8 0.3 0.2 0.0 7.9 0.1 -0.3 -0.1 -0.1 0.0 -0.1 -0.4 0.0 0.1 -0.1 0.0 0.7 0.3 0.1 -0.4 -1.4 -0.1 -6.2 -1.7 -3.0 -12.9 -4.7 0.0 -1.6 1.2 1.8 0.8 1.3 -1.4 -0.9 1.3 0.7 0.0 0.3 -0.2 -2.9 0.0 -6.7 -7.0 0.3 -1.3 -15.6 -11.3 -11.7 0.0 0.3 0.0 -1.0 -0.4 0.0 0.1 2.0 0.3 0.1 0.1 0.3 -0.1 0.2 -0.8 1.6 -0.1 0.0 0.0 0.3 0.2 0.4 0.3 -0.7 0.0 0.0 2.4 0.2 0.1 -0.1 0.0 0.0 0.2 -0.1 -0.1 -0.3 0.7 18.3 11.2 -2.8 71.2 5.0 0.1 -1.4 0.0 1.8 -0.7 -7.8 -1.6 0.5 -0.4 0.0 0.4 -0.6 0.0 1.4 0.2 -2.4 -6.1 0.6 3.6 -6.5 -8.6 -1.8 0.1 0.0 0.0 0.0 0.0 0.0 -0.1 -2.3 0.1 -0.2 -0.1 0.0 -0.1 0.0 -1.9 5.5 -0.6 1.0 0.0 -0.1 0.4 0.3 0.0 0.3 0.0 0.0 -0.3 0.0 0.2 -0.1 0.0 -0.3 1.9 0.1 -0.1 -0.4 -0.9 -0.5 -5.6 -1.2 -20.5 -4.7 0.1 0.2 0.0 0.0 -1.8 2.3 -2.3 0.4 -0.9 0.4 0.2 -2.0 0.2 -1.8 0.0 -1.2 -2.5 0.6 -0.3 2.1 -4.8 -12.4 0.0 0.2 0.0 0.0 0.0 0.0 0.3 -1.4 0.1 -0.1 0.0 0.0 0.0 0.0 -1.6 -1.1 0.2 0.2 0.0 0.0 0.4 0.7 0.0 0.4 0.0 0.1 0.8 1.6 0.3 -0.1 0.0 0.0 0.0 0.0 Final Demand Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fresh fruits and melons2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fresh and dry vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Eggs for fresh use2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bakery products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Milled rice2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pasta products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beef and veal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed young chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed turkeys2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finfish and shellfish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dairy products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fruits and vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Confectionery end products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Soft drinks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Roasted coffee2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Shortening and cooking oils2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Frozen specialty food2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liquefied petroleum gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Home heating oil and distillates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Alcoholic beverages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pet food2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Women’s, girls’, and infants’ apparel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Men’s and boys’ apparel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Textile housefurnishings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Footwear. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Soaps and detergents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cleaning and polishing products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cosmetics and other toiletries2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tires2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Consumer, institutional, and commercial products, n.e.c.2. . . . . . . . . . . . . . . . Sanitary paper products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Agricultural machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal cutting machine tools2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal forming machine tools. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tools, dies, jigs, fixtures, and industrial molds2. . . . . . . . . . . . . . . . . . . . . . . . . . Pumps, compressors, and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial material handling equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic computers and computer equipment2. . . . . . . . . . . . . . . . . . . . . . . . . Textile machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper industries machinery2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing trades machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transformers and power regulators2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Communication and related equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X-ray and electromedical equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oil field and gas field machinery2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mining machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD FD FD 01 01 01 01 01 02 02 02 02 02 02 02 02 02 02 02 02 02 02 02 FD 05 05 05 05 05 05 FD 02 02 03 03 03 04 06 06 06 06 06 07 07 09 10 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 4 41 411 11 13 2 7107 8301 11 13 1402 2101 2104 2203 2206 23 3 4 55 62 6301 78 85 412 32 41 51 71 7302 7303 413 61 9402 8106 8107 82 3 1 38 71 72 75 1201 2B 1501 12 1 2 37 38 39 41 44 5 62 64 65 74 76 78 7905 91 92 94 See footnotes at end of table. 20 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Household furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Floor coverings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Household appliances2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Home electronic equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lawn and garden equipment excl. garden tractors2. . . . . . . . . . . . . . . . . . . . . . Passenger cars. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Light motor trucks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Heavy motor trucks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicles parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck trailers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Travel trailers and campers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ships2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Railroad equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Toys, games, and children’s vehicles2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sporting and athletic goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cigarettes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mobile homes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medical, surgical & personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jewelry, platinum and karat gold2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Costume jewelry and novelties2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . Machinery and vehicle wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Professional and commercial equipment wholesaling2. . . . . . . . . . . . . . . . . . . . Furnishings wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Apparel wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and alcohol wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and alcohol retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Health, beauty, and optical goods retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Apparel, jewelry, footwear, and accessories retailing. . . . . . . . . . . . . . . . . . . . . Computer hardware, software, and supplies retailing2. . . . . . . . . . . . . . . . . . . . TV, video, and photographic equipment and supplies retailing. . . . . . . . . . . . Automobiles retailing (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Automotive parts, including tires, retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . RVs, trailers, and campers retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sporting goods, including boats, retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lawn, garden, and farm equipment and supplies retailing2. . . . . . . . . . . . . . . Furniture retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Flooring and floor coverings retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware, building materials, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . Major household appliances retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fuels and lubricants retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cleaning supplies and paper products retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . Book retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . Rail transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade, transportation, and warehousing. . . . . . . . . Sales of books. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sales and subscriptions of periodicals and newspapers. . . . . . . . . . . . . . . . . . Application software publishing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals, newspapers, directories, and mailing lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cable and satellite subscriber services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internet access services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code 12 12 12 12 12 12 14 14 14 14 14 14 14 14 14 15 15 15 15 15 15 15 FD FD 57 57 57 57 57 57 57 57 58 58 58 58 58 58 58 58 58 58 58 58 58 58 58 58 58 FD 30 30 30 30 30 30 FD 33 33 34 1 2 3 4 5 66 1101 1105 1106 12 14 16 21 31 4 11 12 21 5 6 9402 9404 42 423 1102 1103 1104 2 5 6 7 8 1 2 3 4 5 6101 6102 8 9 A B C D E F G H 422 11 12 14 16 21 22 421 11 12 2 36 37 37 37 37 1 11 2 3 4 See footnotes at end of table. 21 Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p -0.9 1.0 0.4 1.6 1.2 0.8 -3.0 1.2 1.8 1.6 -2.8 0.6 3.4 2.5 1.3 1.4 7.3 11.6 -3.6 2.5 3.4 7.1 1.8 -0.8 9.2 -5.5 5.5 -7.0 -0.6 -1.7 10.1 1.5 1.9 4.8 -1.7 -16.8 20.0 -29.8 -1.2 10.6 -4.5 18.1 -0.1 5.5 7.9 3.4 -12.8 18.0 0.9 -4.5 1.1 -8.9 0.5 5.7 0.0 -0.1 3.8 8.1 2.5 4.1 0.0 -0.3 1.0 0.7 0.0 0.1 0.3 0.1 0.0 0.0 0.0 0.2 0.0 0.0 0.0 0.0 2.2 1.3 -0.9 0.1 -0.9 0.0 0.2 0.1 2.2 0.3 0.8 -1.1 -2.8 2.7 5.7 -3.3 0.4 0.5 4.1 -0.3 -6.5 -0.4 0.7 -6.4 0.1 -0.1 -2.4 -1.4 2.3 7.4 4.7 4.1 -0.6 -0.1 0.4 0.6 0.3 1.0 0.2 -2.2 0.3 -0.1 0.9 0.5 -0.2 0.2 1.6 0.0 0.0 0.0 0.1 0.4 0.2 0.1 -0.2 0.1 0.1 0.0 0.0 0.0 1.1 0.4 -1.1 0.1 0.5 0.0 0.2 -0.1 -0.1 0.7 0.5 2.1 -2.4 -1.0 2.4 -1.3 -0.8 1.3 1.9 2.6 5.9 -2.8 -1.0 -4.8 1.1 1.8 -0.3 0.5 4.0 3.5 -3.6 0.9 0.7 0.1 0.7 1.5 1.4 0.6 0.0 -3.2 0.4 0.8 0.1 2.9 -1.2 0.0 -0.9 0.1 0.0 0.5 0.5 -0.5 0.0 0.1 -0.3 -0.2 0.1 0.5 0.0 0.0 0.0 1.2 0.0 0.0 -2.3 0.0 0.0 -0.3 0.9 -1.5 0.9 -4.5 4.8 0.6 1.1 0.2 -0.7 -2.2 -6.2 -2.5 6.5 -5.4 -1.5 -0.3 -0.2 -0.4 0.3 0.8 0.8 -7.0 16.2 0.1 0.5 0.7 1.2 0.2 1.5 0.6 -0.1 2.1 0.0 0.7 -0.1 0.8 -0.2 0.6 -1.4 0.8 0.2 0.0 0.1 0.4 0.0 0.1 0.0 0.0 0.1 0.0 0.0 0.0 2.2 1.4 0.1 0.2 2.4 0.0 0.0 -0.1 1.3 1.4 -1.2 1.4 1.1 -0.2 0.6 1.1 -0.8 1.4 0.5 -1.2 12.3 -5.2 3.8 3.6 -2.6 -0.4 -5.8 0.7 -1.8 4.7 -4.7 -1.8 -3.2 -0.2 0.4 -0.1 -0.2 -0.2 0.1 -0.6 0.1 1.1 0.0 -2.7 0.0 -0.6 0.0 -0.3 0.0 0.0 -3.0 -0.2 0.1 0.1 0.0 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.2 2.9 0.0 0.0 -0.8 0.2 -5.5 1.1 0.1 -0.3 -0.2 -6.6 -0.7 0.1 -0.6 0.5 3.9 -0.3 -3.4 -0.9 -3.5 2.6 0.1 -2.2 0.3 -1.4 -5.8 3.5 -0.1 0.7 -0.4 0.0 -1.6 -0.4 0.1 0.0 2.1 0.4 0.8 1.9 3.0 0.8 4.9 1.2 7.5 0.1 -0.4 0.5 -0.6 1.1 -0.4 -0.4 0.5 0.2 0.7 -1.4 -0.3 0.1 0.1 0.5 0.0 -0.2 0.1 0.2 0.4 1.0 0.0 0.2 0.1 0.8 -0.3 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . Consumer loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other credit intermediation, incl. trust services (partial)2. . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Life insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Disability insurance, including accidental death2. . . . . . . . . . . . . . . . . . . . . . . . . Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Property and casualty insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential property sales and leases, brokerage fees and commissions.. . Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tax preparation and planning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . Arrangement of flights (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of vehicle rentals and lodging2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of cruises and tours2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Physician care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medical laboratory and diagnostic imaging care2. . . . . . . . . . . . . . . . . . . . . . . . . Home health and hospice care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hospital outpatient care2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dental care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hospital inpatient care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nursing home care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and beverages for immediate consumption services (partial)2. . . . . . . Motor vehicle repair and maintenance (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . Membership dues and admissions and recreation facility use fees (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Recreational activity instruction fees (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Gaming receipts (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mining services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New warehouse building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New school building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New office building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New industrial building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New health care building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 37 39 39 39 40 40 41 41 41 41 41 43 44 45 45 45 45 47 47 47 51 51 51 51 51 51 51 53 54 55 5 12 2 3 1 2 1101 1102 1103 1104 2 21 1 1 2102 3 4 1 2 3 1101 1102 1103 1104 1105 2101 2102 11 1 2 3.0 8.3 12.7 1.9 10.5 5.5 -1.6 0.0 3.1 6.3 0.4 6.3 -5.8 6.3 -2.6 3.3 3.5 3.8 0.6 0.6 0.3 0.7 5.2 4.4 3.0 4.3 4.0 -6.4 4.5 4.7 1.0 3.3 -2.5 2.5 0.9 1.8 0.0 0.0 0.5 0.2 0.0 1.4 0.8 0.2 -2.6 0.1 -2.3 -0.1 0.4 0.8 0.0 0.0 0.7 0.0 0.5 -0.3 0.2 -0.4 0.8 3.7 -2.9 1.0 5.2 0.0 -0.1 -0.5 -0.4 0.0 0.2 0.8 0.0 0.3 1.0 0.3 2.2 0.2 5.1 -0.3 -0.2 -0.4 0.0 0.0 0.5 0.2 0.0 1.3 0.0 2.5 0.1 -2.2 0.2 -0.6 0.8 0.0 -1.9 -3.0 0.1 0.0 0.2 0.0 -0.3 0.5 1.8 0.9 -4.2 0.8 -3.4 -1.3 -0.8 0.6 0.2 0.0 0.1 0.4 0.1 0.9 0.4 -2.6 0.8 0.4 -0.2 0.5 2.8 -3.7 0.4 -1.7 0.0 0.0 0.2 0.0 0.0 0.3 -2.8 0.3 -1.1 0.0 0.2 0.3 -0.1 -0.7 0.0 -0.1 0.1 -0.2 0.3 0.2 0.0 1.4 0.3 0.4 1.9 4.6 1.6 0.0 2.0 1.5 0.0 0.0 0.1 0.1 0.0 0.5 1.1 0.6 0.7 0.1 1.7 -0.5 -0.1 -1.3 0.0 0.0 0.1 0.0 0.1 0.1 0.1 -4.8 0.0 0.0 56 56 56 60 FD 80 80 80 80 80 1 2 3 1 43 1101 1102 1103 1104 1105 7.3 0.3 3.3 2.0 0.5 -1.4 -0.1 2.1 0.5 0.4 -1.4 0.0 -0.7 -0.3 0.1 0.1 0.0 0.2 0.1 0.1 0.0 0.0 0.6 0.8 0.1 0.0 0.1 -0.1 0.6 0.0 1.9 0.0 1.7 -0.7 -0.3 -0.3 -0.2 -0.8 0.0 0.0 1.8 0.0 -0.2 1.2 -0.1 -0.2 0.0 -0.1 -0.1 -0.5 2.4 0.0 1.8 0.2 0.1 0.1 -0.2 0.2 0.0 0.2 ID6 ID6 02 02 02 02 02 02 02 ID6 03 03 03 05 05 05 05 05 05 05 05 05 05 1 9112 21 22 3 4 53 7 9 9111 1 2 4 32 42 43 52 53 54 71 7203 7303 74 -2.7 -5.3 6.8 -9.8 -7.0 9.9 9.5 -18.2 -6.7 -2.5 -2.1 -6.1 -0.7 -15.5 5.7 7.3 -16.3 -16.8 -13.1 -5.3 -12.3 -18.7 -1.9 2.1 0.7 -2.4 1.9 1.9 0.3 1.1 4.9 0.2 2.3 -2.4 -0.2 -0.1 4.7 0.2 0.3 -0.1 0.3 0.1 18.7 22.7 39.2 7.3 0.6 0.7 1.5 6.2 1.4 2.0 -2.3 -0.8 0.6 0.6 2.4 0.3 0.1 9.7 0.7 0.1 -1.8 -2.3 -1.1 5.1 7.1 2.6 5.7 -1.0 -0.3 1.1 0.5 1.3 0.7 0.9 -0.3 -1.1 -1.1 2.3 -0.6 -0.1 -7.0 -0.3 0.6 2.2 -6.5 -1.0 -15.6 -3.2 -11.7 4.0 -0.4 -0.6 0.4 -9.0 -0.4 0.0 3.3 -0.3 -0.1 -0.4 -0.6 -1.1 -0.1 -6.1 2.3 2.3 5.5 8.3 3.2 -6.5 -5.8 -1.8 -3.1 -0.6 -0.7 -0.7 0.5 -0.9 0.4 0.0 -1.7 -1.0 -0.6 -3.7 0.2 0.3 -2.5 0.8 0.8 -0.6 1.7 -2.2 2.1 -12.1 -12.4 -7.9 Intermediate Demand by Commodity Type Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dairy products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fruits and vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Refined sugar and byproducts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fats and oils2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Synthetic fibers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed yarns and threads2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished fabrics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liquefied petroleum gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural gas to electric utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jet fuel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residual fuels2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See footnotes at end of table. 22 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Finished lubricants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lubricating oil base stocks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic inorganic chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paint materials2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medicinal and botanical chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fats and oils, inedible2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nitrogenates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Phosphates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other agricultural chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial gases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Adhesives and sealants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Synthetic rubber2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tires2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unsupported plastic film, sheet, other shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Parts for manufacturing from plastics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic packaging products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Softwood lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardwood lumber2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plywood2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paperboard2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper boxes and containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Building paper and board2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foundry and forge shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Primary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Secondary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aluminum mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Copper and brass mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous foundry shop products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plumbing fixtures and brass fittings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Heating equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bolts, nuts, screws, rivets, and washers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lighting fixtures2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated ferrous wire products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fluid power equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mechanical power transmission equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal valves, except fluid power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ball and roller bearings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wiring devices2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motors, generators, motor generator sets2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Switchgear, switchboard, and industrial controls equip.2. . . . . . . . . . . . . . . . . . . . Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machine shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Flat glass2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asphalt felts and coatings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 05 05 06 06 06 06 06 06 06 06 06 06 06 06 06 07 07 07 07 07 07 08 08 08 08 09 09 09 09 09 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 11 11 11 11 11 11 11 11 11 11 11 13 13 13 13 13 14 14 Item code 76 78 8102 13 14 21 22 31 37 4 5201 5202 53 6 7903 7904 1102 1201 21 22 26 2A 11 12 2 3 13 14 1503 2 47 15 17 22 24 2501 2502 26 28 3 4 5 6 7 81 83 88 89 43 45 48 4902 4905 71 73 75 78 94 95 11 22 3 6 94 12 23 See footnotes at end of table. 23 Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p -0.4 -21.4 23.9 -9.7 -8.8 -1.0 -3.0 0.8 5.1 -19.8 -38.8 -11.7 -15.8 -6.5 4.7 1.6 -7.4 2.0 -3.2 -6.2 -4.1 -4.6 -14.6 -0.2 -3.4 -3.8 -1.4 -8.2 -3.4 2.2 2.5 1.7 -2.0 0.1 -4.9 -1.7 -1.4 -4.6 2.4 -5.2 1.1 1.5 2.4 2.5 6.3 3.0 -8.2 1.5 10.6 3.3 3.8 4.9 1.8 4.0 4.9 5.2 -1.1 6.3 1.6 2.1 8.2 7.3 2.6 2.1 1.6 3.2 -0.1 1.9 0.0 -1.5 0.1 0.0 5.0 -0.2 -0.1 3.4 2.2 7.4 -1.1 -1.7 -1.5 -0.3 0.1 0.0 -0.1 -0.8 -0.2 -0.2 -5.5 -8.4 -0.9 1.4 -0.6 -0.3 -0.5 13.5 0.3 0.5 -2.0 -3.9 -1.4 -0.3 0.1 0.5 0.3 -1.6 0.0 0.3 0.1 0.1 0.2 -0.1 -0.6 -0.2 -0.3 0.2 0.6 0.6 -0.1 0.6 1.0 0.4 0.3 0.0 0.0 -0.8 0.3 0.9 -1.0 0.8 0.0 0.3 -1.1 -0.1 5.0 0.3 1.7 -0.2 -0.8 0.0 0.3 0.0 -0.5 1.5 -4.2 0.4 1.5 0.1 1.1 -0.2 0.2 -1.5 -0.2 0.0 1.3 3.5 0.3 1.4 0.6 0.5 -0.2 -0.2 0.2 -0.1 -3.5 1.9 -0.3 -0.9 -0.1 -1.5 -0.1 -0.2 0.0 0.0 -0.1 0.4 0.5 0.2 -0.3 0.0 0.8 0.3 0.2 0.2 0.1 0.0 0.1 0.1 -0.1 0.1 0.0 0.3 0.9 1.1 0.6 0.9 0.1 0.0 -0.2 11.9 2.4 -2.1 2.9 -0.3 -4.0 0.9 0.2 -6.5 5.5 6.2 0.2 -2.5 0.8 0.0 2.4 -0.1 0.0 0.4 -0.2 -0.4 -2.9 -4.9 0.3 1.6 -0.5 0.0 -0.1 -17.9 0.0 -0.6 -2.5 -2.0 -1.4 -0.4 -1.4 -0.5 0.6 -0.9 0.0 0.1 0.7 0.6 -0.5 0.0 -1.4 0.2 2.2 0.4 0.4 1.1 0.0 0.2 0.1 0.4 -0.1 -0.1 -0.2 0.2 -0.4 0.7 0.6 1.0 0.1 0.2 0.2 2.1 1.4 -0.4 -2.7 -0.1 0.1 0.0 0.3 -6.0 1.6 1.4 -0.1 1.6 -1.7 0.0 0.2 -0.1 0.2 0.3 -0.4 0.4 -5.7 1.3 0.3 -1.3 -0.2 -0.1 -0.3 -2.4 0.1 -0.2 -1.5 0.9 0.2 -0.2 -0.3 -0.1 -0.4 -0.5 0.1 0.4 0.0 0.4 1.1 0.1 0.1 0.2 -1.8 0.6 0.7 0.3 -0.1 -0.3 -0.3 1.0 -0.1 0.1 0.0 0.2 0.7 0.4 -0.3 1.5 0.1 0.9 0.7 0.6 2.2 0.2 -1.8 -0.2 -0.1 -0.3 0.0 -2.3 1.9 2.9 0.0 1.4 0.1 0.0 -1.5 0.0 -0.4 0.9 0.2 -0.4 -2.4 -0.6 -0.3 -0.2 0.0 -1.5 0.0 1.1 0.0 0.0 3.3 -1.5 0.3 -0.1 1.1 0.4 0.9 0.0 -0.3 0.2 0.2 1.6 0.0 0.1 -0.6 0.0 0.1 0.0 -0.3 0.6 -0.1 -0.5 0.0 0.2 -0.1 0.0 0.0 0.7 0.6 0.1 0.3 0.7 0.1 0.5 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Aircraft parts and auxiliary equipment, n.e.c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Medical, surgical, and personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Item code 25 6 Unadjusted 12-month percent change1 Dec. 2022 to Dec. 2023p Seasonally adjusted 1-month percent change1 July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 4.6 2.5 0.5 0.1 -0.1 0.1 0.0 0.0 0.1 0.2 0.0 0.2 Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wheat2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter turkeys. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hay and hayseeds2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw cane sugar and byproducts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw cotton2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hides and skins. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Coal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Crude petroleum2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Logs, bolts, timber, pulpwood, and woodchips2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Recyclable paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron ores2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous metal ores2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Copper base scrap2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aluminum base scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 ID6 01 01 01 01 01 01 01 01 01 02 ID6 01 04 05 05 05 08 09 10 10 10 10 10 13 2 21 21 2202 31 32 4102 42 6 81 8301 5201 22 51 1 1 31 61 5 12 11 12 21 2301 2302 21 -19.0 -16.5 -24.4 -31.4 12.6 -39.6 1.6 -37.4 -12.1 -37.9 -12.4 12.7 -20.5 -7.0 -8.4 -0.4 -60.5 -10.8 -5.1 36.8 -6.0 19.4 6.0 2.0 6.8 8.5 2.3 0.1 -7.9 -2.0 1.6 -2.4 0.8 -10.4 14.0 -18.2 -4.3 0.6 3.6 4.6 1.5 1.5 0.0 8.1 0.3 2.2 1.1 2.9 -3.0 -0.7 0.3 1.2 3.3 2.3 -5.2 -6.2 1.7 -0.5 13.5 -4.0 5.4 5.4 4.3 -0.3 3.9 1.6 -0.2 -3.4 -2.6 10.3 0.0 9.6 0.5 0.8 0.5 -0.6 0.1 0.5 -2.0 -3.1 -6.0 -2.7 -0.6 -9.0 -3.8 -13.8 -1.5 -4.7 -4.7 4.1 -1.3 -1.5 -8.6 2.7 1.2 -3.4 -0.1 10.8 -1.1 1.6 1.8 -2.7 1.5 0.3 -2.4 -1.0 -1.2 -3.5 -7.2 -4.0 -2.4 7.0 -2.1 7.1 5.0 -0.7 -3.3 -6.2 2.6 -1.7 9.9 -9.7 -1.2 1.0 -1.9 5.5 3.4 1.1 3.6 0.5 -4.4 -2.5 2.4 -1.7 -3.4 -19.7 5.7 -0.2 1.0 -17.5 -4.7 -0.3 -5.5 3.6 -3.8 1.1 1.5 -13.2 -0.4 -7.5 0.0 -1.1 1.2 3.9 0.9 0.6 Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for intermediate demand3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Automotive parts, including tires, retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware, building material, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services for intermediate demand. . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Water transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Postal Service2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier and messenger services, except air mail. . . . . . . . . . . . . . . . . . . . . . . . . . . Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . . Pipline transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services related to water transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Network compensation from broadcast TV, cable TV, radio2. . . . . . . . . . . . . . . . Advertising space sales in periodicals and newspapers2. . . . . . . . . . . . . . . . . . . . Advertising space sales in directories and mail lists2. . . . . . . . . . . . . . . . . . . . . . . Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Radio advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internet advertising sales2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cable and satellite subscriber services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bundled wired telecommunication access services2. . . . . . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 ID6 57 57 57 57 57 57 58 58 ID6 30 30 30 30 30 30 30 30 30 31 31 32 3 33 1102 3 4 5 6 8101 6102 D 32 11 12 13 14 1601 1602 1603 17 2 1 31 1 3.4 4.6 9.2 -7.8 19.0 -0.6 -1.7 1.3 -1.2 7.9 -0.8 1.1 -8.9 -0.4 0.5 8.0 4.4 4.7 2.9 -0.1 3.3 -22.5 3.1 -0.1 -0.5 2.2 1.3 -4.4 -2.8 2.7 -3.7 0.7 2.3 -0.6 0.4 0.6 2.5 0.3 0.0 1.1 2.2 0.1 -2.1 0.5 -12.8 -1.1 0.2 -0.5 -0.1 1.2 -2.5 -2.4 -1.0 -1.5 -1.0 4.0 0.6 0.7 1.5 -0.8 1.4 0.0 0.7 1.3 -0.2 -3.2 0.3 3.3 2.0 0.0 1.8 0.9 0.3 7.8 4.8 0.6 0.1 -1.5 0.8 0.6 1.2 0.2 -2.3 1.5 0.0 0.4 1.5 -0.2 2.1 0.4 2.0 -0.3 0.3 0.6 1.3 -1.8 2.8 1.1 -0.2 1.1 3.8 -1.8 -0.2 0.4 -0.1 0.4 -0.2 0.0 0.0 -1.0 -0.1 -0.6 0.5 -0.5 -0.6 0.4 0.4 0.2 1.1 1.6 -0.3 -0.2 -0.8 -0.9 -1.4 0.1 0.0 -1.6 -0.2 -0.4 0.0 0.7 -0.6 0.0 2.1 0.6 2.5 -0.1 ID6 35 36 36 36 36 36 37 37 37 37 38 39 31 – 11 12 2 3 6 12 2 3 5 1 11 4.0 0.7 0.0 5.4 -15.6 2.2 2.1 3.1 1.2 7.5 3.0 2.2 9.4 0.1 0.2 -0.5 0.0 -8.0 4.6 0.0 1.0 -0.6 1.1 1.0 0.1 -1.7 0.3 0.0 -0.4 0.0 -4.2 -2.3 0.0 0.2 0.2 0.7 -2.9 -0.2 -2.7 -0.5 0.0 -0.4 0.0 0.5 -0.7 0.0 -0.5 0.1 0.5 0.2 0.2 0.9 0.3 0.0 -0.2 0.0 7.1 5.5 0.0 0.2 0.2 0.4 -0.2 0.3 -0.8 0.5 0.0 0.0 0.0 3.1 4.0 0.0 -0.1 0.1 0.8 1.9 0.3 -1.6 See footnotes at end of table. 24 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other credit intermediation, incl. trust services (partial)2. . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Life insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Property and casualty insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commissions from sales of insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential property sales and leases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck, utility trailer, and RV rental and leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction, mining, and forestry machinery and equipment rental and leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Advertising and related services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Permanent placement services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Executive search services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Security guard services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 39 39 40 40 40 41 41 41 41 42 43 43 43 44 44 2 3 1 2 3 1101 1103 1104 2 1 11 12 22 1 2 12.7 1.9 10.5 5.5 7.1 -1.6 3.1 6.3 0.4 0.6 4.2 -3.4 1.6 -5.8 -1.0 -2.5 2.5 0.9 1.8 1.9 0.0 0.5 0.2 0.0 0.0 2.9 0.4 0.1 0.8 -0.6 5.2 0.0 -0.1 -0.5 2.9 -0.4 0.2 0.8 0.0 0.0 2.0 0.0 -0.5 1.0 0.9 0.8 0.0 -1.9 -3.0 -0.1 0.1 0.2 0.0 -0.3 0.0 -3.0 -0.2 -0.7 1.8 -0.6 2.8 -3.7 0.4 -1.7 -0.7 0.0 0.2 0.0 0.0 0.0 1.6 -0.1 1.1 -2.8 0.1 1.6 0.0 2.0 1.5 -1.6 0.0 0.1 0.1 0.0 0.0 1.5 -0.1 -0.4 1.1 -0.2 44 45 45 45 45 45 46 46 46 48 49 50 53 3 1 2 3 4 5 1 2 3 1 1 1 11 1.4 6.3 6.2 3.3 3.5 0.5 1.3 8.3 0.5 9.7 -0.8 8.5 -6.4 -1.0 0.2 0.2 0.1 -2.3 -0.2 -1.1 2.8 -0.3 2.6 0.0 1.1 -0.4 0.4 0.3 1.3 0.2 5.1 0.0 0.4 1.3 -0.4 -0.1 -2.4 0.9 2.5 0.2 0.9 -2.3 0.8 -3.4 0.0 -0.2 0.8 0.2 0.8 -0.1 -0.5 -2.6 -0.1 0.3 -0.1 0.0 0.2 0.0 0.4 -1.2 0.1 -0.2 0.1 1.0 1.4 0.2 0.6 0.3 0.1 1.7 0.0 0.2 3.7 0.2 2.4 0.0 -0.5 -4.8 55 55 59 1 4 1 5.7 8.1 5.9 0.0 0.3 0.3 1.8 3.5 -0.3 -0.6 0.4 0.5 0.9 0.2 -0.3 0.9 0.1 0.6 4 2 3.3 3.3 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.1 2.1 -0.4 -29.6 6.8 -4.3 -7.0 5.7 7.3 -5.3 -18.7 -8.8 -1.0 0.8 5.1 2.8 -3.2 -6.2 -4.1 -4.6 -9.2 -3.4 -3.4 2.5 -2.0 -4.6 2.5 1.5 3.8 4.0 0.5 0.7 -2.7 -2.4 -0.7 1.9 0.2 0.3 18.7 39.2 0.1 0.0 -0.2 -0.1 0.1 -0.1 -0.8 -0.2 -0.2 -6.7 -0.9 -0.5 0.3 -2.0 0.5 0.1 -0.2 0.6 0.6 0.2 0.3 -6.3 1.5 -1.7 1.4 0.7 0.1 5.1 2.6 1.7 -0.2 0.0 0.3 0.2 0.2 -1.5 -0.2 0.0 2.1 0.3 -0.2 0.2 -3.5 -1.5 0.4 0.0 0.2 0.0 -0.3 -0.5 -3.0 1.1 -0.9 1.3 -0.3 0.6 -15.6 -11.7 2.9 -0.3 0.9 0.2 0.3 0.0 0.4 -0.2 -0.4 -3.7 0.3 -0.1 0.0 -2.5 -0.5 0.6 0.2 0.4 0.2 0.1 -0.1 -2.8 0.4 0.5 -0.4 2.3 2.3 -6.5 -1.8 -2.7 -0.1 0.0 0.3 0.1 0.2 0.3 -0.4 0.4 -3.0 0.3 -0.3 0.1 -1.5 -0.1 0.4 0.2 0.7 -0.3 0.2 0.0 -1.2 -0.7 0.4 -0.9 0.8 0.8 2.1 -12.4 -1.8 -0.2 -0.3 0.0 0.1 -0.4 0.9 0.2 -0.4 -1.6 -0.3 0.0 0.0 3.3 0.4 1.6 0.0 -0.3 -0.5 Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 Maintenance and repair of non-residential buildings (partial)2. . . . . . . . . . . . . . . . . 80 Intermediate Demand by Production Flow Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 4 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed and packaged fish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dairy products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medicinal and botanical chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unsupported plastic film, sheet, and other shapes2. . . . . . . . . . . . . . . . . . . . . . . . . Parts for manufacturing from plastics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic packaging products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper boxes and containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wiring devices2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 01 02 02 02 05 05 05 05 06 06 06 06 06 07 07 07 07 08 08 09 09 10 10 10 10 11 11 4 9411 2 21 23 3 42 43 71 7303 14 21 31 37 38 21 22 26 2A 1 2 1503 47 17 26 7 89 48 71 See footnotes at end of table. 25 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Miscellaneous electrical machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machine shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete ingredients and related products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared asphalt, tar roofing and siding products2. . . . . . . . . . . . . . . . . . . . . . . . . Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and auxiliary equipment, n.e.c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medical, surgical and personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 4 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals and newspapers2. . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential property sales and leases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction, mining, and forestry machinery and equipment rental and leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and alcohol wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 3 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jet fuel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished lubricants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lubricating oil base stocks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic inorganic chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paints and allied products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 11 11 11 11 13 13 13 13 14 14 14 15 ID5 30 30 30 32 36 38 39 39 40 40 40 41 41 43 43 43 43 78 79 94 95 2 3 61 94 12 23 25 6 9412 12 16 22 1 11 1 11 2 1 2 3 11 2 11 12 13 22 -1.1 1.1 6.3 1.6 8.4 7.3 2.8 2.1 1.6 3.2 4.6 2.5 4.3 -8.9 5.7 -0.1 3.1 0.0 2.2 9.4 12.7 10.5 5.5 7.1 3.6 0.4 4.2 -3.4 8.4 1.6 0.3 0.0 0.0 0.0 0.9 0.9 -1.2 0.8 0.0 0.3 0.5 0.1 0.4 0.6 1.0 -2.2 -1.1 -0.5 0.1 -1.7 -2.5 0.9 1.8 1.9 0.3 0.0 2.9 0.4 0.8 0.1 -0.1 0.0 0.1 0.0 0.6 1.1 0.7 0.9 0.1 0.0 -0.1 0.1 0.2 1.5 0.6 -3.2 2.0 -0.4 -0.2 -2.7 5.2 -0.1 -0.5 2.9 0.4 0.0 2.0 0.0 0.1 -0.5 -0.1 -0.1 -0.1 -0.2 0.1 0.7 0.7 1.0 0.1 0.2 0.0 0.0 -0.1 0.2 0.6 2.1 -0.3 -0.4 0.2 0.9 0.8 -1.9 -3.0 -0.1 0.2 -0.3 -3.0 -0.2 1.5 -0.7 -0.1 -0.1 0.1 0.0 0.5 0.4 -0.3 1.5 0.1 0.9 0.1 0.2 0.3 -0.1 -0.2 -0.6 -0.6 -0.2 0.3 -0.8 2.8 0.4 -1.7 -0.7 0.1 0.0 1.6 -0.1 1.1 1.1 -0.1 0.0 0.0 0.0 0.6 0.1 0.3 0.7 0.1 0.5 0.0 0.2 0.4 -1.6 0.1 2.1 -0.1 0.0 0.3 -1.6 1.6 2.0 1.5 -1.6 0.0 0.0 1.5 -0.1 0.0 -0.4 44 45 45 45 45 45 46 49 3 1 51 2 3 4 3 1 1.4 6.3 0.5 6.2 3.3 3.5 0.5 -0.8 -1.0 0.2 -0.2 0.2 0.1 -2.3 -0.3 0.0 0.4 0.3 0.0 1.3 0.2 5.1 -0.4 -2.4 0.2 0.9 0.0 -2.3 0.8 -3.4 0.2 -0.1 -0.1 0.3 0.0 -0.1 0.0 0.2 0.1 0.1 0.2 0.6 0.0 0.3 0.1 1.7 0.2 0.0 55 57 57 57 57 57 57 58 59 1 1102 3 4 5 6 8 D 1 5.7 9.2 -7.8 19.0 -0.6 -1.7 1.5 7.9 5.9 0.0 2.2 1.3 -4.4 -2.8 2.7 -3.3 2.3 0.3 1.8 -0.1 1.2 -2.5 -2.4 -1.0 -1.3 4.0 -0.3 -0.6 0.9 0.3 7.8 4.8 0.6 0.2 0.8 0.5 0.9 1.3 -1.8 2.8 1.1 -0.2 1.1 -1.8 -0.3 0.9 0.2 1.1 1.6 -0.3 -0.2 -0.7 -1.4 0.6 ID5 ID5 01 01 01 01 05 05 05 05 05 05 05 05 06 06 06 3 9311 31 32 4 6 42 43 71 7203 7303 76 78 8102 13 14 2 -2.4 -7.8 12.6 -39.6 -5.2 -12.1 5.7 7.3 -5.3 -12.3 -18.7 -0.4 -21.4 23.9 -9.7 -8.8 -1.5 1.1 3.3 1.6 -2.4 -0.9 14.0 0.2 0.3 18.7 22.7 39.2 -0.1 1.9 0.0 -1.5 0.1 0.9 0.6 1.2 1.7 -0.5 10.9 5.4 0.7 0.1 5.1 7.1 2.6 -1.1 -0.1 5.0 0.3 1.7 -0.5 -0.6 -2.0 -0.6 -9.0 -4.9 -1.5 -0.3 0.6 -15.6 -3.2 -11.7 -0.2 11.9 2.4 -2.1 2.9 -1.1 -0.3 -1.2 -7.2 -4.0 -1.4 -2.1 2.3 2.3 -6.5 -5.8 -1.8 0.2 2.1 1.4 -0.4 -2.7 0.1 -0.4 -1.4 -3.4 -19.7 4.9 1.0 0.8 0.8 2.1 -12.1 -12.4 0.7 0.6 2.2 0.2 -1.8 -0.1 See footnotes at end of table. 26 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Agricultural chemicals and chemical products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Synthetic rubber2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unsupported plastic film, sheet, and other shapes2. . . . . . . . . . . . . . . . . . . . . . . . . Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paperboard2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Converted paper and paperboard products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foundry and forge shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous foundry shop products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Structural, architectural, and pre-engineered metal products. . . . . . . . . . . . . . . . Bolts, nuts, screws, rivets, and washers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electrical machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft and aircraft equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 3 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Freight forwarding2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals, newspapers, directories, and mailing lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wired telephone services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft repair maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 2 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Coal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liquefied petroleum gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Crude petroleum2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Logs, bolts, timber, pulpwood, and wood chips2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 06 06 07 07 09 09 09 09 10 10 10 10 10 10 10 10 11 11 13 13 14 14 ID5 30 30 31 31 32 5 6 1102 22 13 14 15 47 15 17 25 28 3 74 81 89 4 7 21 22 12 2 9312 11 16 31 3201 1 -20.3 -6.5 -7.4 -6.2 -1.4 -8.2 -2.1 2.5 1.7 -2.0 -1.0 2.4 -5.2 3.1 6.3 1.5 5.1 1.5 8.5 8.2 1.6 3.6 2.3 1.1 5.7 -22.5 2.1 3.1 2.5 -1.7 0.1 -0.8 -0.6 -0.3 -0.5 0.3 0.5 -2.0 -0.2 0.3 -1.6 -0.2 0.2 -0.2 0.4 0.2 1.2 0.3 0.0 0.2 -0.6 0.4 1.0 -12.8 0.0 -1.1 -0.9 0.4 1.1 -1.5 0.6 0.5 0.0 0.2 -0.1 -3.5 -0.5 -0.1 -0.2 0.3 0.5 0.0 0.5 0.0 0.5 0.9 0.1 0.1 0.1 0.7 0.6 3.3 0.0 2.0 1.8 -2.5 2.4 0.4 -0.5 0.0 -0.3 0.0 -0.6 -2.5 -0.7 0.6 -0.9 0.7 -0.5 0.2 0.6 0.1 0.3 -0.4 0.1 0.1 0.5 1.2 0.6 2.0 0.0 -0.3 0.2 1.6 0.2 0.3 -0.2 -0.1 -0.6 0.1 -0.2 -1.5 -0.2 -0.4 -0.5 0.8 1.1 0.2 0.0 0.1 0.5 0.7 0.1 0.2 0.4 0.4 -0.2 -0.5 0.0 -0.6 0.4 1.4 -1.5 0.9 0.0 -1.5 -0.3 0.0 0.0 3.3 0.2 0.9 0.0 3.0 0.0 0.0 0.1 0.1 0.6 0.6 0.1 0.2 0.4 0.0 0.1 2.5 0.0 -0.1 36 37 37 38 39 39 40 41 43 45 45 45 45 45 46 55 57 57 57 57 57 57 59 1 1 5 1 11 2 1 11 11 1 2 3 4 51 3 4 1102 3 4 5 6 8101 1 0.8 3.4 3.0 2.2 9.4 12.7 10.5 3.6 4.2 6.3 6.2 3.3 3.5 0.5 0.5 8.1 9.2 -7.8 19.0 -0.6 -1.7 1.3 5.9 -0.4 0.7 1.0 0.1 -1.7 -2.5 0.9 0.3 2.9 0.2 0.2 0.1 -2.3 -0.2 -0.3 0.3 2.2 1.3 -4.4 -2.8 2.7 -3.7 0.3 -0.4 0.3 -2.9 -0.2 -2.7 5.2 -0.1 0.4 2.0 0.3 1.3 0.2 5.1 0.0 -0.4 3.5 -0.1 1.2 -2.5 -2.4 -1.0 -1.5 -0.3 -0.3 -0.2 0.2 0.2 0.9 0.8 -1.9 0.2 -3.0 0.9 -2.3 0.8 -3.4 0.0 0.2 0.4 0.9 0.3 7.8 4.8 0.6 0.1 0.5 -0.2 0.1 -0.2 0.3 -0.8 2.8 0.4 0.1 1.6 0.3 -0.1 0.0 0.2 0.0 0.1 0.2 1.3 -1.8 2.8 1.1 -0.2 1.1 -0.3 0.0 0.0 1.9 0.3 -1.6 1.6 2.0 0.0 1.5 0.6 0.3 0.1 1.7 0.0 0.2 0.1 0.2 1.1 1.6 -0.3 -0.2 -0.8 0.6 ID5 ID5 01 01 02 05 05 05 05 05 06 06 07 08 2 9211 2202 83 9 1 31 32 61 7303 1 6 2 5 -5.5 -15.3 -31.4 -12.4 -6.7 -0.4 -60.5 -15.5 -10.8 -18.7 -9.0 -6.5 -2.8 -5.1 0.7 2.3 -2.0 -4.3 0.2 1.5 0.0 4.7 8.1 39.2 -0.2 -1.7 -0.2 0.3 1.1 3.1 -6.2 4.3 0.6 -3.4 -2.6 9.7 10.3 2.6 1.4 0.4 -0.3 0.0 -0.3 -1.3 -2.7 -4.7 -1.1 2.7 1.2 -7.0 -3.4 -11.7 2.0 -2.5 0.0 -0.1 -1.0 -2.4 -3.5 5.0 -0.1 -1.7 9.9 -6.1 -9.7 -1.8 -2.3 1.6 0.2 -1.2 -1.6 -4.1 -1.7 -4.7 -1.0 1.1 1.5 -2.5 -13.2 -12.4 -1.4 1.4 0.0 -0.4 See footnotes at end of table. 27 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Item code Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paperboard, excluding corrugated paperboard2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electrical machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 2 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Postal Service2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier and messenger services, except air. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . . Pipeline transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commissions from sales of insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Security guard services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . 09 09 09 10 10 10 11 11 ID5 30 30 30 30 30 30 30 31 36 37 38 40 40 40 41 42 45 45 45 45 46 48 49 53 13 1411 47 12 17 25 7 78 9212 11 12 1601 1602 1603 17 22 31 21 2 1 1 2 31 11 11 1 2 4 51 3 1 1 1 55 58 1 D Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 1 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Recyclable paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Converted paper and paperboard products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Primary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 1 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals, newspapers, directories, and mailing lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 02 05 05 05 05 05 05 06 06 07 09 09 09 10 10 10 10 10 10 11 13 ID5 30 30 1 9111 9 42 43 52 53 71 7303 1 21 21 12 13 15 12 17 22 23 26 7 4 21 9112 12 22 36 37 37 1 12 2 See footnotes at end of table. 28 Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p -1.4 -7.9 2.5 19.4 -2.0 -1.0 1.5 -1.1 2.8 1.1 -8.9 8.0 4.4 4.7 2.9 -0.1 -22.5 -15.6 1.2 2.2 10.5 5.5 7.1 3.6 0.6 6.3 6.2 3.5 0.5 0.5 9.7 -0.8 -6.4 -0.6 -0.6 0.3 2.9 -2.0 -0.2 0.2 0.3 -0.5 0.4 0.6 0.0 1.1 2.2 0.1 -2.2 -12.8 -8.0 -0.6 0.1 0.9 1.8 1.9 0.3 0.0 0.2 0.2 -2.3 -0.2 -0.3 2.6 0.0 -0.4 0.6 0.9 0.2 0.8 -3.5 -0.5 0.0 -0.1 -0.4 0.7 1.5 0.0 0.7 1.3 -0.2 -3.2 3.3 -4.2 0.2 -0.2 -0.1 -0.5 2.9 0.4 0.0 0.3 1.3 5.1 0.0 -0.4 -0.1 -2.4 2.5 -0.5 -0.2 0.0 1.6 -2.5 -0.7 0.1 -0.1 0.5 1.2 0.2 0.0 0.4 1.5 -0.2 2.1 2.0 0.5 0.1 0.2 -1.9 -3.0 -0.1 0.2 0.0 0.9 -2.3 -3.4 0.0 0.2 0.8 -0.1 -2.6 -0.2 0.0 0.1 5.5 -1.5 -0.2 0.1 -0.1 0.2 0.4 -0.1 0.0 0.0 -1.0 -0.1 -0.6 -0.5 7.1 0.2 0.3 0.4 -1.7 -0.7 0.1 0.0 0.3 -0.1 0.2 0.0 0.1 -0.2 0.1 1.4 0.0 -2.0 0.0 -1.1 3.3 0.2 0.1 -0.1 0.2 0.0 -1.6 0.0 0.7 -0.6 0.0 2.1 2.5 3.1 0.1 0.3 2.0 1.5 -1.6 0.0 0.0 0.6 0.3 1.7 0.0 0.2 2.4 0.0 -4.8 5.7 7.9 0.0 2.3 1.8 4.0 -0.6 0.8 0.9 -1.8 0.9 -1.4 -0.2 -3.7 -6.7 5.7 7.3 -16.3 -16.8 -5.3 -18.7 -9.0 -1.0 -3.2 36.8 -1.4 -2.1 19.4 -2.0 0.1 -5.4 -4.6 2.5 5.1 8.5 3.5 -8.9 -0.1 1.4 2.6 0.2 0.2 0.3 -0.1 0.3 18.7 39.2 -0.2 0.0 -0.1 2.2 -0.6 -0.5 2.9 -2.0 -3.9 0.2 0.5 0.1 0.4 1.2 0.3 0.6 -2.2 0.3 0.3 0.6 0.7 0.1 -1.8 -2.3 5.1 2.6 1.4 -0.2 0.2 9.6 0.6 0.0 0.8 -3.5 1.9 -0.7 -1.5 0.4 0.5 0.5 0.3 1.5 -3.2 -0.4 -0.8 -1.1 -0.3 0.6 2.2 -6.5 -15.6 -11.7 2.0 -0.3 0.0 10.8 -0.5 -0.3 1.6 -2.5 -2.0 -0.8 -0.5 0.6 0.6 0.3 0.0 0.2 2.1 -0.1 -0.5 -0.1 2.3 2.3 5.5 8.3 -6.5 -1.8 -2.3 -0.1 0.2 1.0 -0.2 -0.6 5.5 -1.5 0.9 0.0 -0.1 0.4 0.0 0.5 0.4 -0.1 -0.6 -0.2 -0.9 -1.0 0.8 0.8 -0.6 1.7 2.1 -12.4 -1.4 -0.2 -0.4 -7.5 0.0 -0.3 -1.1 3.3 -1.5 3.6 0.4 1.6 0.1 0.6 0.4 -1.6 2.1 0.8 3.1 1.2 -0.4 1.0 -0.6 -0.4 0.2 0.2 -0.3 -0.5 0.1 -0.2 0.2 0.2 0.0 -0.1 0.1 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [December 2023] Commodity code Grouping Group code Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management consulting services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . Mining services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 Dec. 2022 to Dec. 2023p July to Aug. Aug. to Sept.p Sept. to Oct.p Oct. to Nov.p Nov. to Dec.p 37 39 39 40 40 40 41 43 45 45 50 53 5 11 2 1 2 3 11 11 3 41 1 11 3.0 9.4 12.7 10.5 5.5 7.1 3.6 4.2 3.3 3.5 8.5 -6.4 1.0 -1.7 -2.5 0.9 1.8 1.9 0.3 2.9 0.1 -2.3 1.1 -0.4 -2.9 -2.7 5.2 -0.1 -0.5 2.9 0.4 2.0 0.2 5.1 0.9 2.5 0.2 0.9 0.8 -1.9 -3.0 -0.1 0.2 -3.0 0.8 -3.4 -0.5 -2.6 -0.2 -0.8 2.8 0.4 -1.7 -0.7 0.1 1.6 0.0 0.2 1.0 1.4 1.9 -1.6 1.6 2.0 1.5 -1.6 0.0 1.5 0.1 1.7 -0.5 -4.8 55 57 57 57 57 57 58 60 1 1102 3 4 5 6 D 1 5.7 9.2 -7.8 19.0 -0.6 -1.7 7.9 2.0 0.0 2.2 1.3 -4.4 -2.8 2.7 2.3 -0.3 1.8 -0.1 1.2 -2.5 -2.4 -1.0 4.0 0.8 -0.6 0.9 0.3 7.8 4.8 0.6 0.8 -0.7 0.9 1.3 -1.8 2.8 1.1 -0.2 -1.8 1.2 0.9 0.2 1.1 1.6 -0.3 -0.2 -1.4 0.2 1 All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January. Seasonal tests did not indicate the presence of seasonality. Data shown is not seasonally adjusted. 3 Trade indexes measure changes in margins received by wholesalers and retailers. p Preliminary ″-″ Data not available. NOTE: The term ″(partial)″ denotes incomplete coverage of the index category. 2 29 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted [December 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Commodity Other code index Group Item base code code Seasonally adjusted index1 Aug. 2023 Sept. 2023p Oct. 2023p Nov. 2023p Dec. 2023p Final Demand Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, processed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer energy goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less foods and energy2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . Nondurable consumer goods less foods and energy. . . . . . . . . . . . . . . . . Durable consumer goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment for manufacturing industries. . . . . . . . . . . . . . . Private capital equipment for nonmanufacturing industries. . . . . . . . . . . Government purchased goods, excluding foods and energy. . . . . . . . . . . . . . Government purchased goods excluding foods, energy, and capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export, excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of finished goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of personal consumption goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods, excluding capital equipment. . . Trade of government purchased capital equipment. . . . . . . . . . . . . . . . . . . . Trade of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of private passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of government passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods for final demand. . . . . . . . . . . . . . . Transportation and warehousing of finished goods2. . . . . . . . . . . . . . . . . . . . Transportation and warehousing of personal consumption goods. . . . . Transportation and warehousing of private capital equipment. . . . . . . . Transportation and warehousing of government purchased goods. . . . . . Transportation and warehousing of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade, transportation, and warehousing. . . . . . . . . Finished services less trade, transportation, and warehousing2. . . . . . . . . . . Finished consumer services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gov. purchased services less trade, transportation, and warehousing, excl. capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export less trade, transportation, and warehousing. . . . . . . . . . . Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for private capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 4 41 411 4111 41113 41112 4112 4113 412 4121 4122 4123 413 4131 41311 413111 413112 41312 413121 413122 4132 142.427 143.958 148.961 263.062 237.530 264.353 153.334 149.194 150.047 234.682 161.679 141.434 140.773 248.005 275.526 357.541 191.430 212.999 228.748 208.288 136.374 143.004 145.177 149.893 264.534 229.078 266.765 155.374 150.123 154.659 241.631 166.930 147.029 141.012 248.455 276.011 358.008 191.901 213.398 229.046 208.717 136.623 142.368 143.125 149.672 264.761 221.941 267.693 156.899 147.578 144.271 223.424 159.044 144.208 141.051 248.544 276.090 358.810 191.382 213.491 229.253 208.776 136.786 142.243 142.750 150.652 266.377 264.787 265.373 156.666 149.374 140.851 218.477 155.462 138.074 141.247 249.035 276.654 359.407 191.884 213.897 229.636 209.189 136.734 142.055 142.187 149.230 264.215 247.881 264.625 155.498 146.925 139.174 219.298 146.165 127.425 141.273 248.929 276.461 359.410 191.541 213.872 229.952 209.063 136.761 FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 41321 41322 4133 42 423 4231 42311 42312 4232 42321 42322 4233 422 4221 42211 42212 42213 4222 42221 422211 422212 42222 42223 421 4211 145.276 123.188 136.785 140.593 153.330 151.701 151.162 152.369 164.960 169.386 156.767 164.211 148.952 136.154 136.154 135.930 136.160 153.126 151.071 151.637 148.778 152.012 159.247 133.967 134.184 145.661 123.269 136.983 140.897 153.118 151.500 150.747 153.113 164.991 168.785 157.741 163.806 149.134 131.766 131.775 131.590 131.734 155.092 153.059 153.603 150.856 153.793 161.212 134.491 134.702 145.887 123.354 136.962 140.894 152.676 150.821 150.319 151.334 165.610 170.915 156.095 165.211 150.237 134.556 134.559 134.347 134.550 155.530 153.439 153.986 151.222 154.067 161.825 134.550 134.858 145.567 123.625 137.088 140.885 152.488 150.410 149.747 151.641 166.718 171.759 157.588 166.642 149.893 133.769 133.774 133.569 133.755 155.361 153.291 153.833 151.097 153.933 161.598 134.648 134.996 145.597 123.648 137.261 140.855 151.233 149.286 149.425 146.975 164.444 172.418 150.952 164.548 149.362 136.571 136.570 136.341 136.581 153.532 151.315 151.896 148.961 152.342 160.047 135.163 135.425 FD 42111 133.430 133.980 134.096 134.263 134.627 FD 42112 141.195 141.462 141.929 141.846 142.783 FD 4212 125.247 125.572 125.097 125.197 125.941 FD 42121 125.850 126.216 125.669 125.851 126.549 FD FD FD FD FD 42122 4213 43 431 432 110.590 141.633 174.767 178.944 166.978 110.314 142.483 174.863 179.053 167.044 110.900 141.750 174.291 178.398 166.647 109.817 141.254 174.039 178.070 166.555 111.188 142.755 174.171 178.304 166.472 04/10 04/10 FD FD 49101 49102 140.155 140.419 140.736 140.966 140.034 140.356 139.889 140.247 139.740 140.123 04/10 04/10 FD FD 49103 49104 140.032 139.795 140.286 140.077 140.269 140.069 140.304 140.098 140.224 140.084 04/10 FD 49105 140.255 140.794 140.096 139.905 139.721 00/82 00/82 00/82 00/82 00/82 00/82 00/82 00/82 00/82 00/82 00/82 Final Demand Special Groupings Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods, food and nonalcoholic beverages for immediate consumption, and energy4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods and energy4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods and food and nonalcoholic beverages for immediate consumption4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See footnotes at end of table. 30 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Final demand less foods4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less distributive services5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand distributive services5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods plus final demand distributive services5. . . . . . . . . . . . . . . . . . . . Final demand less foods, energy, and trade services4. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital investment services. . . . . . . . . . . . . . . . . Total private and government purchased capital investment. . . . . . . . . . . . . . . . . . . . . Total finished2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods, food and nonalcoholic beverages for immediate consumption, and energy2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and energy2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and food and nonalcoholic beverages for immediate consumption2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less energy2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less energy2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods, excluding foods2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished distributive services2, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less trade services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less distributive services2, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total private capital investment (goods, services, and construction). . . . . . . . . . . . . Finished goods plus finished distributive services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchased capital investment (goods, services, construction).. . Government purchases, defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchases, non-defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods (finished consumer goods). . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption nondurable goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less distributive services5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and trade services3. . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and distributive services5. . . . . . . . . . . . Personal consumption goods plus personal consumption distributive services5. . . Commodity Other code index Item base Group code code Seasonally adjusted index1 Aug. 2023 Sept. 2023p Oct. 2023p Nov. 2023p Dec. 2023p 04/10 04/10 01/10 01/10 01/10 04/10 04/10 04/10 04/10 08/13 08/13 08/13 08/13 01/10 FD FD FD FD FD FD FD FD FD FD FD FD FD FD 49106 49107 49108 49109 49111 49112 49113 49114 49115 49116 49117 49118 49119 49201 139.950 140.063 138.264 137.792 141.058 139.796 134.196 150.202 144.464 128.459 128.360 134.885 135.036 141.110 140.498 140.381 139.006 138.483 141.445 141.048 134.684 150.329 145.213 128.842 128.579 135.386 135.377 141.670 139.849 140.361 138.336 137.765 141.428 138.659 134.839 150.032 143.918 128.938 128.639 135.018 135.147 140.976 139.664 140.443 138.226 137.657 141.792 138.009 134.895 149.851 143.628 129.017 128.889 135.090 135.244 140.844 139.547 140.350 138.274 137.785 141.503 137.638 135.307 148.533 142.761 129.299 128.880 133.757 134.592 140.772 12/10 01/10 FD FD 49202 49203 139.576 140.422 139.866 140.713 139.833 140.688 139.837 140.695 139.791 140.649 12/10 01/10 01/10 00/82 00/82 00/82 01/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 00/82 04/10 04/10 00/82 04/10 08/13 05/15 05/15 01/10 00/82 00/82 00/82 00/82 04/10 04/10 04/10 04/14 04/14 04/14 08/13 FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 49204 49205 49206 49207 49208 49209 49210 49211 49212 49213 49214 49215 49216 49301 49302 49303 49401 49402 49403 49404 49405 49406 49501 49502 49503 49504 49508 49505 49506 49507 49510 49511 49512 49509 139.354 140.755 140.827 257.192 251.193 254.981 138.964 145.069 148.501 134.022 133.350 143.160 145.838 139.993 232.268 150.868 137.743 235.211 133.677 132.326 124.591 132.112 140.558 275.952 270.675 279.497 318.065 137.500 137.323 137.039 128.856 125.642 125.581 134.273 139.897 141.300 141.147 259.616 251.918 257.649 139.265 145.613 148.567 134.510 133.757 143.550 146.569 140.477 233.264 151.235 138.548 238.035 133.908 132.469 125.686 132.723 141.157 279.261 271.594 283.565 323.737 137.763 138.171 137.849 129.100 126.076 125.956 135.001 139.154 140.562 141.131 254.829 252.043 251.555 139.243 145.234 148.029 134.731 133.970 143.306 144.928 140.345 232.464 151.563 137.736 235.197 133.727 132.242 125.069 131.881 140.361 272.340 271.738 273.649 309.624 137.796 137.287 136.918 129.132 126.236 126.109 133.208 138.963 140.373 141.187 254.116 252.837 250.231 139.206 145.295 147.659 134.835 134.087 143.399 144.543 140.364 232.398 151.662 137.456 233.607 133.953 132.403 124.572 131.723 140.178 271.136 272.764 271.252 305.931 137.745 137.202 136.835 129.117 126.375 126.261 132.685 138.952 140.363 141.077 253.825 252.176 250.433 139.157 143.966 146.455 135.184 134.565 142.713 143.879 139.941 231.130 151.664 136.565 229.539 134.156 131.730 122.803 131.293 140.246 270.728 271.707 271.595 306.582 137.893 137.366 137.075 129.232 126.614 126.589 132.353 00/82 00/82 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 1 11 111 1111 1112 1113 112 1121 1122 12 121 122 13 131 258.693 232.112 143.707 247.314 259.824 281.600 187.846 145.723 132.590 351.267 167.574 178.130 260.398 259.067 260.179 232.269 143.802 249.471 261.842 278.633 187.976 145.120 132.715 352.470 168.534 178.413 266.645 263.250 257.484 231.900 143.347 250.054 263.183 274.507 188.156 145.130 132.848 352.484 167.876 178.982 254.590 262.657 256.356 230.998 142.389 248.279 261.157 273.040 188.271 145.204 132.930 353.036 167.912 179.453 251.602 262.529 254.708 231.504 142.636 247.146 259.748 276.481 188.820 145.775 133.311 354.042 167.971 180.319 242.097 255.397 Intermediate Demand by Commodity Type Processed goods Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials and components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials and components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fuels and lubricants for intermediate demand. . . . . . . . . . . . . . . . . . . . . . Processed fuels and lubricants to manufacturing industries. . . . . . . . . . . . . . . . . 00/82 00/82 00/82 00/82 00/82 00/82 00/82 See footnotes at end of table. 31 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Processed fuels and lubricants to nonmanufacturing industries. . . . . . . . . . . . . Containers for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, feeds. . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, other than feeds. . . . . . . . . . . . . . . . Commodity Other code index Item base Group code code Seasonally adjusted index1 Aug. 2023 Sept. 2023p Oct. 2023p Nov. 2023p Dec. 2023p 00/82 00/82 00/82 00/82 00/82 00/82 00/82 ID6 ID6 ID6 ID6 ID6 ID6 ID6 132 14 15 151 152 1521 1522 261.127 307.300 251.026 245.560 249.883 239.689 253.218 268.036 306.137 251.377 245.512 250.293 239.965 253.649 252.342 305.581 251.080 245.419 249.966 235.777 253.822 248.447 304.467 250.620 245.323 249.454 235.418 253.285 238.182 305.348 250.348 245.639 249.092 231.468 253.392 00/82 00/82 00/82 00/82 00/82 ID6 ID6 ID6 ID6 ID6 2 21 22 221 2211 253.963 223.337 265.186 334.913 309.949 262.335 228.470 275.556 352.333 326.796 257.031 221.304 271.843 345.737 320.347 250.743 219.074 262.869 328.337 303.374 239.829 213.687 248.398 305.668 281.275 00/82 00/82 00/82 00/82 ID6 ID6 ID6 ID6 2212 222 2221 2222 352.826 120.683 220.205 118.517 354.387 117.228 213.012 115.174 355.432 119.143 218.249 116.957 357.246 126.528 218.143 124.974 359.334 128.248 220.668 126.698 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 3 33 331 332 32 321 3211 3212 322 3221 146.312 172.449 156.850 154.131 154.390 135.993 136.136 136.037 156.431 129.560 146.616 171.535 155.493 153.814 155.263 131.655 131.714 131.708 157.793 130.720 146.669 174.602 158.522 156.327 156.154 134.411 134.528 134.458 158.511 131.080 147.137 175.640 160.019 156.728 155.876 133.634 133.733 133.682 158.280 131.155 147.697 176.263 160.501 157.364 155.962 136.404 136.557 136.447 158.115 130.134 Unprocessed goods Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials except fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials except fuel to manufacturing industries. . . Unprocessed nonfood materials except fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . Services Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for intermediate demand3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services for intermediate demand. . . . . . . . . . . . Transportation of passengers for intermediate demand. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for manufacturing industries. . . . . . . . . . . . . . . . Transportation of passengers for nonmanufacturing industries. . . . . . . . . . . . Transportation and warehousing of goods for intermediate demand. . . . . . . . . Transportation and warehousing of goods for manufacturing industries. . . . Transportation and warehousing of goods for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12/12 12/12 12/12 12/12 ID6 3222 139.864 141.073 141.784 141.499 141.609 ID6 31 137.826 138.284 137.540 138.019 138.647 ID6 311 128.769 129.082 129.544 129.529 130.189 ID6 312 138.117 138.579 137.793 138.290 138.916 ID6 4 145.804 145.826 145.907 145.971 146.082 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 9111 9112 9113 9118 9115 9116 9117 9211 9212 9213 9216 260.213 244.084 261.606 254.866 255.765 163.037 146.670 269.496 205.947 276.313 434.087 261.672 245.829 267.883 255.143 255.850 163.124 147.283 282.266 219.870 279.495 431.105 258.780 245.061 255.776 254.821 255.587 165.128 146.755 278.883 215.161 274.055 431.184 257.690 243.562 252.776 254.173 255.051 165.600 146.435 269.443 202.706 273.316 435.119 256.055 241.796 243.228 254.509 255.660 165.872 145.855 253.432 184.262 269.460 436.179 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 4 41 411 4111 4112 4113 412 4123 4122 41221 41222 4121 42 148.939 145.773 139.188 147.375 148.898 137.953 167.690 179.644 134.714 136.159 143.351 130.043 146.610 149.297 145.506 139.012 146.134 155.745 137.875 167.120 178.450 135.168 131.733 144.792 130.976 147.132 148.800 145.672 138.641 143.821 162.034 137.740 169.076 180.995 136.501 134.549 145.922 131.288 146.364 149.018 145.848 138.467 144.508 150.352 137.541 170.416 182.887 136.578 133.754 146.176 131.342 146.734 149.351 145.943 138.497 143.809 141.931 137.760 170.728 183.160 136.359 136.580 145.345 131.904 147.168 Construction Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Intermediate Demand by Commodity Type Special Groupings Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed energy goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed materials less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Intermediate distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed goods plus intermediate distributive services. . . . . . . . . . . . . . . . . . . . . . . . Unprocessed materials less agricultural products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed energy materials7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials less energy8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 00/82 00/82 00/82 00/82 04/10 04/10 00/82 00/82 00/82 00/82 Intermediate Demand by Production Flow Stage 4 Intermediate Demand Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See footnotes at end of table. 32 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Commodity Other code index Item base Group code code Seasonally adjusted index1 Aug. 2023 Sept. 2023p Oct. 2023p Nov. 2023p Dec. 2023p Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 421 4211 4212 4213 422 4223 4222 42221 42222 4221 423 43 431 4312 4313 432 4323 4322 43221 43222 4321 146.539 147.323 143.553 147.178 146.414 162.068 150.155 135.635 153.248 143.302 145.804 163.194 168.122 169.546 171.831 150.568 168.836 145.294 141.931 146.147 131.610 147.413 149.259 145.013 147.375 146.819 161.121 150.919 131.252 154.888 143.812 145.826 164.257 169.370 177.094 172.473 151.170 169.110 147.161 137.326 148.179 131.984 146.625 149.159 142.467 147.409 146.058 163.309 151.656 134.039 155.280 142.585 145.907 163.415 167.492 156.699 172.415 152.904 172.449 147.802 140.255 148.769 132.727 146.878 147.238 144.128 147.508 146.467 164.460 151.214 133.253 154.896 143.001 145.971 163.091 167.024 149.112 172.653 152.940 172.533 147.700 139.429 148.683 132.775 146.428 145.957 143.072 147.672 147.195 164.659 151.655 136.051 154.939 143.811 146.082 163.530 167.532 146.840 173.451 153.206 173.859 145.872 142.369 146.731 132.938 Stage 3 Intermediate Demand Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 3 31 311 3111 3112 3113 312 3123 3122 31221 31222 3121 32 321 3211 3212 3213 322 3223 3222 32221 32222 3221 323 33 331 3313 332 3323 3322 33222 3321 146.451 154.378 149.968 164.669 141.101 148.412 160.998 167.068 148.268 144.970 148.241 134.770 139.428 134.026 157.003 139.353 135.428 140.677 197.675 160.746 104.553 161.239 132.239 145.804 141.073 134.362 171.210 167.774 172.704 114.704 121.075 125.959 147.367 155.316 151.243 168.911 146.445 148.215 160.577 165.370 149.621 140.261 149.926 135.004 140.313 137.278 156.210 144.600 135.642 140.950 197.287 161.948 104.340 162.448 132.297 145.826 142.274 134.643 171.567 170.233 175.422 115.261 121.663 125.998 146.421 154.335 149.370 164.073 147.880 147.340 163.103 169.524 150.173 143.257 150.333 135.721 139.381 131.428 156.152 134.962 135.663 141.301 199.847 163.047 104.317 163.552 132.312 145.907 142.211 133.594 170.231 171.317 176.558 115.924 122.362 126.541 145.932 153.264 147.854 159.954 143.220 147.098 163.827 170.889 150.175 142.411 150.383 135.687 139.310 128.851 157.154 130.774 135.552 141.888 200.407 162.655 104.342 163.158 133.171 145.971 142.036 133.583 170.216 170.925 176.124 116.293 122.752 126.298 145.295 152.902 147.394 157.774 136.554 147.736 163.867 171.662 148.820 145.419 148.784 136.022 138.471 122.231 155.756 119.945 135.472 142.560 201.871 163.226 104.497 163.731 133.826 146.082 141.910 133.542 170.164 170.683 175.817 116.146 122.597 126.870 Stage 2 Intermediate Demand Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 2 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 2 21 211 2111 2112 2113 212 2123 2122 21221 21222 2121 213 135.512 124.381 120.318 159.296 91.392 141.958 150.016 168.063 168.261 136.545 170.119 136.303 145.804 137.033 127.369 124.539 161.789 97.739 142.202 149.275 166.125 168.262 132.306 170.327 136.080 145.826 136.629 126.348 122.798 157.459 95.343 142.514 150.505 168.740 168.818 134.993 170.776 136.554 145.907 135.328 123.960 119.439 159.723 89.820 142.125 151.033 169.982 169.009 134.236 171.013 136.664 145.971 133.144 119.910 113.971 155.259 81.884 141.623 151.158 170.011 169.309 136.944 171.196 136.751 146.082 See footnotes at end of table. 33 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Commodity Other code index Item base Group code code Seasonally adjusted index1 Aug. 2023 Sept. 2023p Oct. 2023p Nov. 2023p Dec. 2023p Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 22 221 2211 2212 2213 222 2223 2222 22221 22222 2221 223 144.585 144.769 113.193 165.390 144.144 144.115 184.562 139.924 136.582 141.091 143.398 145.804 144.242 145.259 113.285 169.047 144.431 143.663 182.608 140.581 132.176 142.681 142.930 145.826 144.615 144.837 112.472 156.059 144.841 144.138 192.076 142.269 134.978 144.161 142.900 145.907 144.703 144.433 114.318 153.699 144.535 144.287 190.111 141.910 134.187 143.881 143.186 145.971 144.905 143.969 113.144 147.059 144.486 144.571 192.818 143.515 137.001 145.267 143.262 146.082 Stage 1 Intermediate Demand Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 1 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 1 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 1 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 1 11 111 1111 1112 1113 112 1123 1122 11221 11222 1121 113 12 121 1211 1212 1213 122 1223 1222 12221 12222 1221 123 13 131 1312 1313 132 1323 1322 13222 1321 146.091 144.052 142.312 150.057 129.533 147.725 152.722 165.740 159.313 136.133 163.246 110.454 145.804 146.142 148.586 131.915 164.456 149.359 144.441 174.947 143.535 136.052 162.823 139.890 145.804 163.132 165.120 153.146 169.258 159.292 169.189 120.403 124.542 137.696 146.549 143.732 142.174 145.972 132.247 147.567 151.871 163.945 158.456 131.708 163.285 110.887 145.826 146.905 149.816 130.764 167.857 149.648 145.003 174.429 142.947 131.630 164.192 140.716 145.826 164.401 166.090 157.297 169.860 161.303 171.242 122.163 126.362 139.167 145.971 144.248 141.955 143.580 131.682 147.796 154.519 169.140 158.260 134.523 162.344 110.418 145.907 145.637 147.266 127.250 159.015 149.936 144.281 177.004 144.201 134.443 164.758 139.397 145.907 163.931 164.952 144.876 170.065 162.469 172.812 122.337 126.542 138.905 145.864 143.570 140.738 142.255 129.021 146.914 155.376 170.392 158.342 133.729 162.642 110.765 145.971 145.879 146.807 127.972 157.541 149.923 144.817 177.949 143.752 133.649 164.442 140.026 145.971 163.791 164.832 140.699 170.433 162.280 172.586 122.181 126.381 139.459 145.506 143.234 140.023 140.484 123.598 147.495 156.125 171.371 158.712 136.554 162.398 111.165 146.082 145.595 144.520 128.036 149.697 150.118 145.377 179.171 144.353 136.473 163.937 140.508 146.082 162.989 163.828 125.986 171.068 161.968 172.862 120.294 124.428 140.251 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 9411 9412 9413 9414 9415 9416 9311 9312 9313 9314 9315 9316 9211 9212 9213 9214 9215 9216 9111 144.150 149.593 144.597 144.122 135.686 146.498 138.596 143.202 144.597 146.506 136.944 140.553 116.938 145.989 144.597 159.621 90.308 134.339 131.731 144.572 149.884 144.618 144.244 138.083 146.647 140.277 143.380 144.618 150.243 142.105 140.437 120.585 145.467 144.618 162.091 96.492 134.579 132.181 143.785 149.667 144.698 142.913 133.417 146.566 137.537 144.090 144.698 145.973 134.295 139.727 119.059 146.122 144.698 157.790 94.029 134.894 131.156 143.682 150.172 144.761 142.488 133.175 146.533 135.856 144.685 144.761 142.347 130.118 139.519 116.155 146.361 144.761 160.063 88.656 134.546 130.464 143.665 150.812 144.872 141.560 131.799 146.875 133.924 145.241 144.872 140.412 120.114 140.010 111.450 146.609 144.872 155.622 80.900 134.172 129.317 Intermediate Demand by Production Flow Special Groupings Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 4 intermediate demand. . . . . . goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 3 intermediate demand. . . . . . goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 2 intermediate demand. . . . . . goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 04/10 See footnotes at end of table. 34 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [December 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Total Total Total Total Total services inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 1 intermediate demand. . . . . . Commodity Other code index Item base Group code code 04/10 04/10 04/10 04/10 04/10 ID5 ID5 ID5 ID5 ID5 1 9112 9117 9114 9115 9116 Seasonally adjusted index1 Aug. 2023 Sept. 2023p Oct. 2023p Nov. 2023p Dec. 2023p 146.079 144.597 140.697 144.032 126.560 146.490 144.618 136.924 147.108 126.673 146.472 144.698 134.648 141.539 126.874 147.013 144.761 133.450 139.419 126.577 147.546 144.872 131.827 132.222 126.970 All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January. PPI defines Total finished as including only the personal consumption and private capital investment portions of final demand. 3 Trade indexes measure changes in margins received by wholesalers and retailers. 4 The PPI definition of foods does not include food and beverages for immediate consumption. PPI defines food and beverages for immediate consumption as the service of preparing meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption. 5 Distributive services include transportation, warehousing, and trade of goods. 6 Includes intermediate trade, transportation, and warehousing services. 7 Includes crude petroleum. 8 Excludes crude petroleum. p Preliminary ″-″ Data not available. 2 35