Full text of Producer Price Indexes : Producer Price Indexes—February 2024

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Technical information: (202) 691-7705 • ppi-info@bls.gov • www.bls.gov/ppi
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USDL 24-0487

PRODUCER PRICE INDEXES – FEBRUARY 2024
The Producer Price Index for final demand rose 0.6 percent in February, seasonally adjusted, the U.S.
Bureau of Labor Statistics reported today. Final demand prices increased 0.3 percent in January and
edged down 0.1 percent in December 2023. (See table A.) On an unadjusted basis, the final demand
index advanced 1.6 percent for the 12 months ended in February, the largest rise since moving up 1.8
percent for the 12 months ended September 2023.
In February, nearly two-thirds of the rise in final demand prices can be traced to the index for final
demand goods, which advanced 1.2 percent. Prices for final demand services moved up 0.3 percent.
The index for final demand less foods, energy, and trade services increased 0.4 percent in February after
rising 0.6 percent in January. For the 12 months ended in February, prices for final demand less foods,
energy, and trade services moved up 2.8 percent.
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

Feb'23

Mar

Apr

May

June

Final demand

July

Aug

Sep

Oct

Final demand goods

Nov

Dec

Jan

Feb'24

Final demand services

Chart 2. Twelve-month percent changes in selected PPI final demand price indexes, not seasonally adjusted
Percent change
6.0
4.0
2.0
0.0
-2.0
-4.0
-6.0

Feb'23

Mar

Apr

May
Final demand

June

July

Aug

Sep

Final demand goods

Oct

Nov

Dec

Final demand services

Jan

Feb'24

Final Demand
Final demand goods: Prices for final demand goods advanced 1.2 percent in February, the largest increase
since moving up 1.7 percent in August 2023. Nearly 70 percent of the broad-based rise in February can be
attributed to the index for final demand energy, which jumped 4.4 percent. Prices for final demand goods less
foods and energy and for final demand foods also increased, moving up 0.3 percent and 1.0 percent,
respectively.
Product detail: One-third of the February advance in the index for final demand goods can be traced to a 6.8percent increase in prices for gasoline. The indexes for diesel fuel, chicken eggs, jet fuel, beef and veal, and
tobacco products also rose. Conversely, prices for hay, hayseeds, and oilseeds decreased 8.3 percent. The
indexes for iron and steel scrap and for asphalt also fell. (See table 2.)
Final demand services: Prices for final demand services moved up 0.3 percent in February after rising 0.5
percent in January. Leading the February increase, the index for final demand services less trade,
transportation, and warehousing advanced 0.5 percent. Prices for final demand transportation and
warehousing services rose 0.9 percent. In contrast, margins for final demand trade services declined 0.3
percent. (Trade indexes measure changes in margins received by wholesalers and retailers.)
Product detail: A quarter of the February increase in the index for final demand services can be attributed to
a 3.8-percent rise in prices for traveler accommodation services. The indexes for outpatient care (partial);
airline passenger services; loan services (partial); securities brokerage, dealing, and investment advice; and
alcohol retailing also moved up. Conversely, margins for chemicals and allied products wholesaling fell 6.4
percent. The indexes for automobiles and parts retailing and for services related to securities brokerage and
dealing (partial) also decreased.

2

Intermediate Demand by Commodity Type
Within intermediate demand in February, prices for processed goods rose 1.6 percent, the index for
unprocessed goods increased 1.2 percent, and prices for services edged up 0.1 percent. (See tables B and C.)
Processed goods for intermediate demand: The index for processed goods for intermediate demand
advanced 1.6 percent in February, the largest rise since moving up 2.0 percent in August 2023. Three-fourths
of the broad-based increase in February can be traced to prices for processed energy goods, which jumped
6.2 percent. The indexes for processed materials less foods and energy and for processed foods and feeds
also rose, 0.5 percent and 0.3 percent, respectively. For the 12 months ended in February, prices for
processed goods for intermediate demand declined 1.8 percent.
Product detail: Over 40 percent of the February increase in the index for processed goods for intermediate
demand is attributable to a 15.9-percent jump in prices for diesel fuel. The indexes for gasoline, commercial
electric power, basic organic chemicals, jet fuel, and natural gas to electric utilities also moved higher. In
contrast, prices for prepared animal feeds fell 2.3 percent. The indexes for asphalt and for inedible fats and
oils also decreased.
Unprocessed goods for intermediate demand: In February, the index for unprocessed goods for
intermediate demand moved up 1.2 percent following a 1.4-percent advance in January. Leading the
February increase, prices for unprocessed energy materials rose 3.6 percent. The index for unprocessed
foodstuffs and feedstuffs climbed 0.8 percent. Conversely, prices for unprocessed nonfood materials less
energy fell 1.9 percent. For the 12 months ended in February, the index for unprocessed goods for
intermediate demand dropped 8.3 percent.
Product detail: A major factor in the February increase in prices for unprocessed goods for intermediate
demand was a 7.5-percent rise in the index for crude petroleum. Prices for livestock, ungraded chicken eggs,
slaughter chickens, raw cotton, and fresh vegetables (except potatoes) also moved higher. In contrast, the
index for iron and steel scrap decreased 4.4 percent. Prices for grains and for natural gas also fell.

3

Services for intermediate demand: Prices for services for intermediate demand inched up 0.1 percent in
February after rising 0.7 percent in January. The February advance was led by a 1.1-percent increase in the
index for transportation and warehousing services for intermediate demand. Prices for services less trade,
transportation, and warehousing for intermediate demand edged up 0.1 percent. Conversely, margins for
trade services for intermediate demand fell 0.5 percent. For the 12 months ended in February, the index for
services for intermediate demand rose 3.2 percent.
Product detail: A 7.1-percent increase in the index for arrangement of freight and cargo transportation was a
major factor in the February advance in prices for services for intermediate demand. The indexes for loan
services (partial); securities brokerage, dealing, and investment advice; courier, messenger, and U.S. postal
services; and food and alcohol wholesaling also moved higher. In contrast, margins for chemicals and allied
products wholesaling decreased 6.4 percent. Prices for gross rents for retail properties, services related to
securities brokerage and dealing (partial), and freight forwarding also declined.

Intermediate Demand by Production Flow
Stage 4 intermediate demand: The index for stage 4 intermediate demand moved up 0.2 percent in
February, the fourth consecutive advance. In February, prices for total goods inputs to stage 4 intermediate
demand rose 0.6 percent. Conversely, the index for total services inputs fell 0.2 percent. (See table D.)
Increasing prices for diesel fuel; securities brokerage, dealing, and investment advice; loan services (partial);
gasoline; commercial electric power; and medicinal and botanical chemicals outweighed declines in the
indexes for gross rents for retail properties, chemicals and allied products wholesaling, and grains. For the 12
months ended in February, prices for stage 4 intermediate demand advanced 1.8 percent.

4

Stage 3 intermediate demand: The index for stage 3 intermediate demand rose 1.1 percent in February, the
largest increase since a 1.9-percent advance in May 2022. In February, prices for total goods inputs to stage 3
intermediate demand jumped 2.4 percent, and the index for total services inputs inched up 0.1 percent.
Higher prices for diesel fuel, livestock, jet fuel, ungraded chicken eggs, arrangement of freight and cargo
transportation, and loan services (partial) outweighed declines in the indexes for grains, cable network
advertising time sales, and chemicals and allied products wholesaling. For the 12 months ended in February,
prices for stage 3 intermediate demand decreased 0.9 percent.
Stage 2 intermediate demand: The index for stage 2 intermediate demand moved up 0.9 percent in
February following a 1.0-percent increase in January. In February, prices for total goods inputs to stage 2
intermediate demand jumped 1.1 percent, and the index for total services inputs rose 0.7 percent. Advancing
prices for crude petroleum, loan services (partial), arrangement of freight and cargo transportation, basic
organic chemicals, broadcast and network television advertising time sales, and liquified petroleum gas
outweighed declines in the indexes for natural gas, oilseeds, and chemicals and allied products wholesaling.
For the 12 months ended in February, prices for stage 2 intermediate demand fell 0.8 percent.
Stage 1 intermediate demand: The index for stage 1 intermediate demand rose 0.7 percent in February after
advancing 0.3 percent in January. In February, prices for total goods inputs to stage 1 intermediate demand
jumped 1.4 percent, while the index for total services inputs was unchanged. Increasing prices for diesel fuel;
basic organic chemicals; securities brokerage, dealing, and investment advice; traveler accommodation
services; natural gas to electric utilities; and gasoline outweighed declines in the indexes for gross rents for
retail properties, chemicals and allied products wholesaling, and grains. For the 12 months ended in
February, prices for stage 1 intermediate demand moved up 0.3 percent, the first advance since rising 0.7
percent for the 12 months ended March 2023.

________________
The Producer Price Index for March 2024 is scheduled to be released on Thursday, April 11, 2024,
at 8:30 a.m. (ET).
*****
5

Resampling of Industries – February 2024
Effective with the release of data for February 2024, the Producer Price Index (PPI) includes data for 8
resampled industries classified according to the 2022 North American Industry Classification System
(NAICS). The Bureau of Labor Statistics periodically updates the sample of producers providing data
for the PPI to reflect current conditions more accurately when the structure, membership, technology, or
product mix of an industry shifts. The first results of this systematic process were published in July
1986. Subsequent efforts have been completed at regular intervals.
For information on index additions, deletions, and recodes effective February 2024, see the current issue
of the PPI Detailed Report online at www.bls.gov/ppi/detailed-report/ppi-detailed-report-february2024.pdf, or contact the PPI Section of Index Analysis and Public Information at ppi-info@bls.gov or
(202) 691-7705.
NAICS
Code
312111
314910
327992
332119
333996
336213
457210
561612

Industry
Soft drink manufacturing
Textile bag and canvas mills
Ground or treated minerals and earths manufacturing
Other metal stamping, except automotive
Fluid power pump and motor manufacturing
Motor home manufacturing
Fuel dealers
Security guards and patrol services

6

Technical Note
Brief Explanation of Producer Price Indexes

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.

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

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

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.

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 ……….

4812

July 1999

Telephone communications, except
radio telephone ……………………….
Television broadcasting ………………..

4813
4833

July 1995
July 2002

Grocery stores …………………………..

5411

July 2000

Meat and fish (seafood) markets ……..

5421

July 2000

Fruit and vegetable markets …...……...

5431

July 2000

Candy, nut, and confectionery stores ...

5441

July 2000

Title

Code

PPI Detailed
Report Issue

Title

Code

SIC

PPI Detailed
Report Issue

NAICS

Retail bakeries ………………………..

5461

July 2000

Miscellaneous food stores ……………..

5499

July 2000
July 2000

Construction, mining, and forestry
machinery and equipment rental and
leasing ………………………………….
Management consulting services ……..

New car dealers ………………………

5511

532412
541610

January 2005
January 2007

Gasoline service stations ………………
Boat dealers …………………………..

5541

January 2002

5551

January 2002

Security guards and patrol services …..

561612

July 2005

Recreational vehicle dealers …………..

5561

January 2002

Offices of dentists ……………………..

621210

January 2011

Miscellaneous retail …………………….

59

January 2001

Blood and organ banks …………………

621991

January 2007

Amusement and theme parks ………….

713110

July 2006

Golf courses and country clubs ………..

713910

July 2006

Fitness and recreational sports centers.

713940

July 2005

Commercial machinery repair and
maintenance……………………………...

811310

July 2007

Security brokers, dealers, and
investment bankers …………………..
Investment advice ………………………

6211
6282

January 2001
January 2003

Life insurance carriers ………………….

6311

January 1999

Property and casualty insurance ……

6331

July 1998

Insurance agencies and brokerages …

6412

January 2003

Operators and lessors of
nonresidential buildings ……….……….
Real estate agents and managers ……

6512
6531

January 1996
January 1996

Prepackaged software ……………….

7372

January 1998

Data processing services ……………

7374

January 2002

Home health care services …………….

8082

January 1997

Legal services ………………………...

8111

January 1997

8711

January 1997

8712

January 1997

9331

July 1998

Engineering design, analysis, and
consulting services ……………………..
Architectural design, analysis, and
consulting services …………………...
Premiums for property and casualty
insurance ……………………………...

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
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.

NAICS
New Industrial building construction ….

236211

January 2008

New warehouse building construction ..

236221

July 2005

New school construction ……………….

236222

July 2006

New office construction ……………...

236223

January 2007

New health care building construction..

236224

January 2013

23811X

July 2008

23816X

July 2008

23821X

July 2008

23822X
423

July 2008
July 2005

424
443

July 2005
January 2004

444

January 2004

451
452

January 2004
January 2004

Miscellaneous store retailers …………..

453

January 2004

Pipeline transportation of natural gas….

486210

June 2022

Internet service providers …………….

518111

July 2005

Internet publishing and web search
portals ………………..………………...
Commercial banking ………………….

519130
522110

January 2010
January 2005

Savings institutions …………………...

522120

January 2005

Direct health and medical insurance
carriers ……………………………………

524114

July 2004

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 …………………………………..
Electronics and appliance stores …...
Building material and garden
equipment and supplies dealers……..
Sporting goods, hobby, book, and
music stores …………………………...
General merchandise stores …………..

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
10

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.

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
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.

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
Equals percent change
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

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.

11

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
wpsid63

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.

Provides data for:
Passenger cars, seasonally adjusted
Passenger cars, not seasonally
adjusted
Final demand, not seasonally
adjusted
Services for intermediate demand,
seasonally adjusted

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
wdu0635

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.

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

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
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.

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.)

EXAMPLES

Industry-product code,
discontinued SIC series
pdu28_ _#
pdu331_#

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.

pdu3711#111

12

Provides data for:
Chemicals and allied products
Blast furnaces, steel works,
and rolling and finishing mills
Passenger cars

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
•

Industry Data
Industry Data - Discontinued
(NAICS basis)
(SIC basis)
Commodity Data (incl. FD-ID)
Commodity Data – Discontinued
Special requests

Directory:

/pub/time.series/pc

/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
Lead and zinc ore mining
Lead, zinc concentrates
Lead concentrates

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.

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
[February 2024]
Commodity
code
Grouping
Group
code

Item
code

Relative
Importance
Dec.
20231

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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
30.099
5.587
4.272
0.351
3.921
0.405
0.910
5.515
4.287
0.837
0.391
18.996
10.931
5.809
3.519
2.290
5.122
1.254
3.868
1.959

1.6
0.3
0.3
2.8
3.9
2.7
2.9
-11.3
-3.8
-3.0
-7.0
-5.5
1.6
2.3
2.0
2.7
0.9
2.7
3.7
2.4
1.6

-0.3
-1.2
0.2
0.3
-2.8
0.6
1.1
-0.6
-6.4
-7.2
-4.6
-1.9
0.1
0.1
0.1
0.2
-0.1
0.1
0.1
0.1
0.1

0.0
-0.2
0.7
0.8
19.4
-0.7
-0.1
0.7
-2.0
-1.5
-3.3
-4.0
0.1
0.2
0.2
0.3
0.2
0.2
0.2
0.2
0.0

-0.1
-0.1
0.0
0.1
-6.3
0.7
0.7
-0.6
-0.8
0.6
-5.0
-7.5
0.1
0.0
0.1
0.1
0.0
0.0
0.2
0.0
0.0

0.3
-0.1
-0.3
0.4
8.0
-0.3
-1.4
-2.9
-1.1
-1.3
-0.9
0.0
0.3
0.3
0.2
0.1
0.2
0.6
0.8
0.5
0.5

0.6
1.2
1.0
1.7
10.2
0.9
1.0
-2.4
4.4
3.6
7.4
6.2
0.3
0.3
0.4
0.6
0.1
0.3
0.4
0.2
0.3

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

1.146
0.813
6.106
67.245
19.337
16.652
13.614
3.038
0.758
0.478
0.280
1.927
4.925
1.262
0.851
0.102
0.309
3.663
2.370
1.910
0.460
0.220
1.073
42.982
37.459

-0.2
4.2
0.3
2.3
-0.5
-1.1
-0.7
-2.7
3.7
6.0
0.0
3.2
-2.6
0.7
0.7
0.7
0.7
-3.7
-4.2
-4.0
-5.0
-2.9
-2.7
4.2
4.2

0.1
0.1
0.1
0.1
0.0
-0.2
-0.2
-0.2
1.3
1.3
1.3
1.6
0.5
1.2
1.2
1.2
1.2
0.2
0.2
0.2
0.2
0.1
0.3
0.1
0.2

-0.1
0.2
0.1
0.2
0.5
0.2
-0.4
2.8
2.0
0.7
4.4
2.3
-0.2
-0.4
-0.4
-0.4
-0.4
-0.1
-0.1
-0.1
-0.1
-0.1
-0.2
0.1
0.1

0.0
0.1
0.1
0.0
-1.0
-0.8
0.1
-4.7
-2.8
-0.5
-6.6
-2.9
-0.2
2.3
2.3
2.3
2.4
-1.1
-1.2
-1.2
-1.3
-0.9
-0.8
0.4
0.4

0.1
0.9
0.0
0.5
0.1
-0.2
-0.5
1.1
1.2
-0.4
4.0
2.3
-0.2
-0.5
-0.5
-0.5
-0.5
0.0
-0.1
-0.1
-0.1
0.0
0.0
0.8
0.8

0.4
0.3
0.3
0.3
-0.3
-0.2
-0.1
-0.8
0.2
0.7
-0.7
-0.8
0.9
2.4
2.4
2.4
2.4
0.3
0.4
0.4
0.2
0.5
0.3
0.5
0.5

FD

42111

32.980

4.3

0.1

0.1

0.4

0.9

0.6

FD

42112

4.479

3.0

0.3

0.0

0.6

-0.2

0.0

FD

4212

2.807

3.8

-0.3

0.2

0.5

0.9

0.2

FD

42121

2.644

4.0

-0.4

0.2

0.5

0.9

0.2

FD
FD
FD
FD
FD

42122
4213
43
431
432

0.163
2.716
2.656
1.846
0.810

1.7
4.7
-1.1
-1.2
-0.8

0.5
-0.6
-0.2
-0.3
-0.2

-0.7
-0.1
-0.1
-0.2
-0.1

0.7
1.2
0.0
0.1
0.0

0.0
0.9
0.2
0.2
0.4

0.3
0.6
0.0
0.0
0.0

Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD
Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD

49101
49102

86.568
92.102

1.8
1.6

-0.4
-0.3

0.0
0.1

0.0
0.0

0.3
0.3

0.6
0.5

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
[February 2024]
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.
20231

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

FD
FD

49103
49104

88.469
88.898

2.0
2.0

0.1
0.1

0.1
0.1

0.0
0.0

0.5
0.5

0.3
0.3

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

93.984
94.413
94.485
80.663
77.000
24.583
24.511
47.907
23.000
53.098
69.561
5.935
8.420
14.355
78.668

1.6
1.7
1.9
2.1
2.4
1.3
0.2
3.5
-1.0
-0.3
2.8
2.9
0.3
1.0
1.8

-0.4
-0.4
0.1
-0.4
-0.4
0.1
-1.6
0.1
0.0
-0.7
0.1
0.1
0.1
0.1
-0.4

0.0
0.0
0.2
0.0
0.0
0.3
-0.4
0.0
0.4
0.1
0.1
0.2
1.2
0.6
0.0

-0.1
-0.1
0.0
0.2
0.2
0.1
-0.1
0.4
-1.0
-0.5
0.3
0.0
-1.7
-0.8
0.1

0.4
0.4
0.4
0.4
0.4
0.1
-0.1
0.7
0.1
0.0
0.6
0.6
0.4
0.5
0.3

0.6
0.5
0.3
0.8
0.8
0.5
1.2
0.5
-0.2
0.6
0.4
0.3
-0.3
-0.1
0.6

FD
FD

49202
49203

69.684
70.109

2.1
2.1

0.1
0.1

0.1
0.1

0.0
0.0

0.4
0.4

0.3
0.3

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

73.971
74.396
74.381
19.490
15.203
15.218
57.332
7.977
19.022
40.680
38.310
14.945
38.512
13.432
7.407
6.025
7.898
3.201
3.887
2.066
2.345
5.553
63.723
14.368
10.081
10.096
7.806
49.355
50.109
48.199
55.164
41.550
39.640
29.892

1.8
1.8
2.2
1.1
2.5
0.7
2.2
0.3
-1.5
3.6
4.1
0.9
-0.2
0.3
-1.6
2.6
1.2
-0.7
3.3
1.4
1.6
1.0
2.1
0.6
2.3
-0.3
-0.6
2.5
2.8
3.1
2.4
3.5
3.9
-0.3

-0.4
-0.4
0.1
-1.7
0.2
-2.2
0.1
0.1
-0.2
0.2
0.2
0.1
-0.9
0.1
-0.1
0.4
-0.5
-1.1
0.1
0.2
-0.3
-0.5
-0.5
-2.3
0.2
-3.3
-4.1
0.1
-0.6
-0.6
0.1
0.2
0.2
-1.2

0.0
0.0
0.1
-0.1
0.4
-0.3
0.1
1.1
0.1
0.0
0.1
0.6
0.0
0.2
-0.1
0.6
-0.2
-0.9
0.5
0.6
-0.1
-0.2
-0.1
-0.2
0.5
-0.5
-0.8
-0.1
0.0
0.0
0.0
0.1
0.1
-0.3

0.1
0.1
0.0
0.2
0.1
0.2
0.0
-1.6
-0.8
0.3
0.4
-0.8
-0.3
-0.4
-0.4
-0.4
-0.6
-1.2
-0.2
-0.8
-1.3
-0.3
0.3
0.2
0.1
0.3
0.4
0.3
0.3
0.4
0.2
0.3
0.4
0.1

0.3
0.3
0.4
0.0
0.4
-0.1
0.4
0.3
-0.2
0.7
0.8
0.4
-0.1
0.3
-0.4
1.1
0.4
-0.1
0.9
1.0
0.6
0.3
0.3
-0.2
0.3
-0.5
-0.7
0.5
0.5
0.5
0.4
0.7
0.8
-0.3

0.5
0.5
0.4
1.4
0.7
1.3
0.3
-0.3
-0.2
0.5
0.5
-0.1
0.6
0.2
0.3
0.2
1.0
2.3
0.3
0.0
1.4
0.9
0.7
1.8
1.0
1.8
2.3
0.4
0.9
1.0
0.4
0.6
0.6
0.8

ID6
ID6
ID6
ID6
ID6
ID6
ID6

1
11
111
1111
1112
1113
112

100.000
43.089
26.451
4.344
11.712
10.395
16.638

-1.8
-1.2
-2.9
-1.8
-6.5
0.8
1.6

-1.0
-0.1
-0.2
0.5
0.6
-1.3
0.1

-0.7
-0.4
-0.7
-0.6
-0.7
-0.7
0.1

-0.4
0.2
0.3
0.6
-0.5
1.0
0.2

-0.1
0.2
0.1
-1.6
-0.8
1.9
0.4

1.6
0.8
1.2
1.7
1.0
1.1
0.2

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
[February 2024]
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.
20231

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

0.801
15.837
10.771
4.730
6.041
18.764
4.777
13.987
3.103
24.273
3.228
21.045
2.214
18.831

-1.5
1.8
1.8
2.3
1.4
-5.6
-4.2
-6.0
-2.9
-1.1
-0.3
-1.2
-12.5
0.3

0.0
0.1
0.0
-0.4
0.3
-4.3
0.0
-5.7
-0.2
-0.1
0.0
-0.1
-2.0
0.1

0.0
0.1
0.2
0.1
0.2
-2.5
-1.8
-2.8
-0.4
-0.1
-0.1
-0.1
0.1
-0.2

0.3
0.2
0.2
0.1
0.3
-2.8
-2.6
-2.9
0.0
0.0
0.1
0.0
-1.6
0.1

-0.3
0.4
0.3
0.4
0.2
-0.9
-1.3
-0.8
-0.2
-0.1
0.5
-0.2
-2.5
0.1

0.1
0.2
0.3
0.4
0.1
6.2
3.9
6.9
0.1
0.1
0.0
0.1
-3.4
0.5

ID6
ID6
ID6
ID6
ID6

2
21
22
221
2211

100.000
38.165
61.836
50.586
47.969

-8.3
-12.5
-5.6
-3.4
-3.9

-1.6
-2.1
-1.4
-1.9
-2.0

-2.1
-0.4
-3.1
-5.0
-5.3

-4.2
-3.3
-4.7
-5.4
-5.7

1.4
-1.5
3.1
1.6
1.5

1.2
0.8
1.4
3.0
3.1

ID6
ID6
ID6
ID6

2212
222
2221
2222

2.617
11.250
1.006
10.244

7.6
-14.8
-5.4
-15.6

0.4
1.6
2.5
1.5

0.5
7.6
3.7
8.0

0.5
-1.5
-1.6
-1.5

2.5
10.5
2.7
11.3

1.0
-5.3
-1.7
-5.7

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

3
33
331
332
32
321
3211
3212
322
3221

100.000
18.328
9.049
9.279
13.925
1.033
0.123
0.910
12.892
2.732

3.2
4.9
4.6
5.2
0.8
0.7
0.7
0.7
0.8
-2.4

0.0
1.5
1.5
1.5
0.4
1.2
1.2
1.2
0.4
0.2

0.5
1.5
2.2
0.9
-0.2
-0.4
-0.4
-0.4
-0.2
0.1

0.4
-0.2
-0.4
0.0
0.8
2.3
2.4
2.3
0.7
-0.6

0.7
0.8
1.9
-0.2
0.1
-0.5
-0.5
-0.5
0.1
0.1

0.1
-0.5
-1.1
0.2
1.1
2.4
2.4
2.4
1.0
-0.1

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

10.160

1.7

0.4

-0.2

1.0

0.1

1.3

ID6

31

67.747

3.3

-0.5

0.4

0.5

0.8

0.1

ID6

311

2.130

4.3

0.3

0.1

0.5

1.7

-0.1

ID6

312

65.617

3.2

-0.5

0.4

0.5

0.8

0.1

100.000

3.0

0.1

0.0

0.0

0.4

0.3

9111
9112
9113
9118
9115
9116
9117
9211
9212
9213
9216

91.153
8.847
18.764
81.236
72.389
31.220
–
56.663
36.891
63.109
24.944

-1.6
-3.9
-5.6
-0.9
-0.5
3.1
-0.3
-2.4
-3.5
-11.1
-8.8

-1.0
-0.2
-4.3
-0.1
-0.1
1.0
-0.4
-1.2
-2.1
-1.3
0.0

-0.7
-0.5
-2.5
-0.2
-0.2
0.8
-0.2
-3.2
-5.4
0.0
0.7

-0.5
0.1
-2.8
0.1
0.1
0.1
-0.3
-5.1
-8.0
-1.8
0.4

0.1
-1.6
-0.9
0.1
0.3
0.5
0.1
3.9
6.4
-1.6
-1.8

1.7
0.3
6.2
0.5
0.5
0.1
1.1
2.0
3.6
-0.3
-1.9

4
41
411

100.000
29.665
21.643

1.8
0.0
-1.5

-0.3
0.1
-0.2

0.2
0.3
-0.1

0.2
-0.1
-0.1

0.5
0.4
0.1

0.2
-0.1
0.1

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
[February 2024]
Commodity
code
Grouping
Group
code

Item
code

Relative
Importance
Dec.
20231

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

2.941
0.170
18.532
8.022
6.017
0.492
0.076
0.416
1.513
55.644
13.716
2.241
4.062
7.413
41.875
4.149
3.724
0.480
3.244
34.002
0.053
14.690
10.712
0.762
9.950
3.978
1.728
0.661
0.015
0.646
1.589

-11.3
-16.0
0.3
4.5
5.3
-1.4
0.7
-1.8
3.5
2.9
0.0
-0.5
-1.0
0.7
3.9
3.7
1.9
0.7
2.1
4.1
3.0
1.6
1.3
-7.7
2.2
2.2
4.9
-4.6
0.7
-4.7
2.3

-1.4
4.2
-0.1
0.8
1.0
0.8
1.2
0.7
0.2
-0.4
-0.4
0.3
-1.5
0.0
-0.5
1.2
0.3
1.2
0.2
-0.7
0.1
-0.5
-1.0
-11.1
0.0
0.9
1.4
0.3
1.2
0.3
0.5

0.4
-6.7
-0.2
1.6
2.1
0.2
-0.4
0.3
0.3
0.1
-0.5
-1.1
-1.0
0.1
0.3
1.1
-0.2
-0.4
-0.2
0.2
0.0
0.1
-0.2
-3.5
0.2
0.8
1.8
0.0
-0.4
0.0
0.1

-0.2
-5.4
0.0
-0.2
-0.4
-0.2
2.4
-0.6
0.3
0.4
0.0
0.5
-0.1
0.0
0.5
-0.9
0.7
2.4
0.5
0.7
0.0
0.2
0.3
-0.8
0.3
0.0
0.5
-1.3
2.4
-1.3
0.1

-1.9
-2.0
0.4
1.0
1.2
0.3
-0.5
0.5
0.6
0.7
-0.4
-1.3
-1.3
0.3
1.1
1.1
0.1
-0.5
0.2
1.2
0.4
0.3
0.2
-2.3
0.4
0.5
1.0
0.0
-0.5
0.0
0.1

-2.0
0.0
0.4
-0.7
-1.0
0.0
2.4
-0.5
0.0
0.3
1.5
0.9
3.7
0.4
-0.1
-0.8
1.8
2.4
1.7
-0.2
0.3
0.5
0.7
6.0
0.3
-0.1
-0.1
0.1
2.4
0.0
-0.2

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
43.800
33.969
10.337
1.164
22.468
9.831
5.506
2.865
0.149
2.716
1.460
55.023
9.949
0.088
5.884
3.977
44.469
2.814
10.389
0.021
10.368
31.266
0.605
1.176
0.568
0.568
0.608
0.561
0.016
0.016
0.031

-0.9
-3.5
-4.8
-11.1
-10.7
-1.3
1.2
3.1
-3.2
0.7
-3.4
3.3
1.1
-5.3
-5.5
-8.3
-0.2
2.7
5.7
3.0
0.0
3.0
2.4
3.0
2.7
-0.1
-0.1
5.6
5.9
1.4
1.4
2.3

-0.5
-0.5
-0.9
-2.2
1.1
-0.4
1.1
1.7
0.3
1.2
0.2
0.5
-0.6
-4.2
0.0
-6.6
0.0
0.3
1.3
0.6
0.1
0.6
0.1
0.1
-0.1
-0.8
-0.8
0.6
0.6
0.5
0.5
0.4

-0.2
-0.2
-0.7
-1.6
-3.3
-0.2
1.6
2.9
0.0
-0.4
0.0
0.0
-0.2
-2.5
0.6
-4.0
0.0
0.4
0.4
-0.4
0.1
-0.4
0.6
0.0
0.5
0.0
0.0
0.9
1.0
0.6
0.6
-0.3

-0.4
-0.6
-0.7
-2.8
-3.4
0.4
-0.2
0.0
-0.7
2.4
-0.8
0.2
-0.2
-4.4
-0.7
-7.2
0.0
0.8
0.4
1.6
0.2
1.6
0.5
0.0
0.1
0.2
0.2
0.0
0.0
0.6
0.6
0.4

0.3
0.5
0.2
-1.3
0.2
0.8
1.6
2.8
0.0
-0.5
0.1
0.4
0.2
-0.3
-0.7
-0.8
0.3
0.3
-1.4
0.1
-0.1
0.1
0.5
0.4
0.0
0.3
0.3
-0.3
-0.3
0.5
0.5
0.8

1.1
0.8
1.3
2.4
-1.3
0.9
-0.9
-1.6
0.2
2.4
0.1
-0.2
1.4
6.3
-0.9
10.4
0.3
0.3
1.4
1.5
0.2
1.5
-0.1
0.3
0.1
0.4
0.4
-0.3
-0.3
-0.7
-0.7
-0.3

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
[February 2024]
Commodity
code
Grouping
Group
code

Item
code

Relative
Importance
Dec.
20231

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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
50.555
35.815
4.080
15.983
15.752
14.451
5.731
4.784
0.180
4.604
3.936
0.289
49.447
5.262
0.051
0.322
4.889
43.220
2.383
2.817
0.417
2.400
38.020
0.965

-0.8
-3.4
-5.8
-17.7
-3.9
-4.5
3.2
5.4
1.1
0.7
1.1
2.7
3.0
2.0
-1.6
-11.7
-10.4
-0.8
2.4
2.9
0.3
0.7
0.2
2.6
3.0

-0.3
-0.7
-1.2
-1.2
-2.5
0.2
0.7
1.3
0.3
1.2
0.3
0.3
0.1
0.3
-0.3
-0.7
-7.6
0.3
0.3
5.3
0.8
1.2
0.8
0.0
0.1

-0.9
-1.7
-2.7
0.6
-5.4
-0.3
0.7
1.6
0.2
-0.4
0.3
0.0
0.0
0.0
-0.4
1.7
-2.6
-0.2
0.0
-1.1
-0.3
-0.4
-0.3
0.1
0.0

-1.2
-2.9
-3.9
-2.2
-7.6
-0.3
-0.1
-0.9
0.6
2.3
0.5
0.3
0.0
0.5
-0.4
-0.5
-3.0
-0.2
0.6
1.4
4.5
2.4
4.8
0.3
0.0

1.0
1.6
1.9
-4.7
6.3
-0.9
0.8
1.2
0.4
-0.5
0.5
0.7
0.4
0.4
-0.3
-0.7
0.1
-0.3
0.4
-3.2
-0.3
-0.5
-0.2
0.7
0.4

0.9
0.8
1.2
-5.7
3.7
0.3
0.0
-0.1
-0.2
2.3
-0.3
0.5
0.3
0.9
0.9
-1.5
8.5
0.4
0.9
0.8
2.2
2.4
2.2
0.8
0.3

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
32.376
23.318
2.758
3.446
17.114
9.057
5.505
0.603
0.103
0.500
2.949
0.001
54.733
16.086
0.064
5.040
10.982
38.644
3.829
4.412
1.343
3.069
30.403
0.003
12.891
9.205
0.754
8.451
3.686
2.807
0.783
0.783
0.096

0.3
-3.5
-5.9
-22.9
-9.1
-1.9
3.2
3.3
2.2
0.7
2.5
3.2
3.0
2.3
-1.1
-22.7
-5.2
1.3
3.8
5.2
1.5
0.7
1.9
4.0
3.0
1.7
1.0
-11.4
2.4
3.4
6.2
-5.5
-5.5
3.2

-0.4
0.2
-0.2
-1.6
-0.4
0.1
1.3
2.5
-0.5
1.2
-0.8
-0.5
0.1
-0.8
-1.7
-2.6
-5.1
0.2
-0.5
1.4
0.6
1.2
0.3
-0.8
0.1
-0.3
-0.7
-7.9
0.1
0.6
0.8
0.1
0.1
0.1

-0.1
-0.4
-1.1
-1.0
-3.4
-0.6
1.7
2.5
0.7
-0.4
0.9
0.3
0.0
0.0
-0.8
0.5
-2.6
0.0
0.4
0.8
-0.3
-0.4
-0.2
0.4
0.0
0.1
-0.2
-4.2
0.2
0.9
1.2
-0.1
-0.1
0.1

-0.2
-0.4
-0.5
-1.0
-3.4
0.2
0.0
-0.7
1.7
2.4
1.6
0.8
0.0
0.0
-1.1
0.0
-3.8
0.1
0.5
0.7
0.7
2.4
0.0
0.4
0.0
-0.4
-0.5
-8.6
0.3
-0.2
0.2
-1.4
-1.4
0.5

0.3
0.3
-0.4
-3.8
-0.2
0.1
2.3
3.6
-0.5
-0.5
-0.4
0.4
0.4
0.4
-0.2
0.0
-1.2
0.3
0.6
-0.9
-0.1
-0.5
0.1
0.9
0.4
0.1
0.3
-1.0
0.4
-0.3
-0.3
-0.2
-0.2
0.8

0.7
0.2
0.6
-3.7
4.2
0.6
-0.9
-1.8
0.9
2.4
0.6
0.2
0.3
0.9
2.6
13.2
7.6
0.2
0.2
0.3
1.7
2.4
1.4
0.0
0.3
0.9
1.2
12.7
0.2
0.0
-0.1
0.4
0.4
-0.6

ID5
ID5
ID5
ID5

9411
9412
9413
9414

46.071
53.875
0.053
5.182

-0.4
3.8
3.0
-6.9

-0.5
-0.2
0.1
-0.7

-0.2
0.5
0.0
-0.2

0.0
0.4
0.0
0.1

0.0
1.1
0.4
-1.6

0.6
-0.2
0.3
-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
[February 2024]
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.
20231
4.994
35.895
44.486
54.908
0.605
10.425
7.048
27.013
41.077
57.671
1.254
4.131
16.305
20.641
48.609
51.387
0.004
2.822
9.240
36.547

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

-2.7
0.9
-4.9
2.5
3.0
-11.1
-8.6
-1.1
-5.3
2.6
3.0
-17.6
-4.0
-3.7
-3.0
3.7
3.0
-22.9
-7.2
0.0

-3.1
0.0
-1.7
0.4
0.1
-2.2
-5.4
-0.3
-1.1
0.4
0.1
-1.2
-2.6
0.2
-0.8
-0.1
0.1
-1.7
-3.7
0.1

-1.7
0.0
-1.1
0.6
0.0
-1.5
-3.9
-0.1
-2.4
0.2
0.0
0.6
-5.4
-0.3
-0.9
0.6
0.0
-0.9
-3.0
-0.3

-0.4
0.1
-1.6
0.6
0.0
-2.8
-6.6
0.3
-3.5
0.4
0.0
-2.2
-7.6
-0.3
-0.7
0.3
0.0
-1.0
-4.1
0.2

-1.5
0.4
0.1
0.5
0.4
-1.3
-0.6
0.7
1.6
0.5
0.4
-4.7
6.2
-0.8
-0.2
0.8
0.4
-3.8
-0.8
0.2

4.0
0.4
2.4
0.1
0.3
2.4
8.4
0.8
1.1
0.7
0.3
-5.6
3.7
0.3
1.4
0.0
0.3
-3.3
6.8
0.4

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
[February 2024]
Commodity
code
Grouping
Group
code

Item
code

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

1.6
0.3
0.3
-7.2
1.4
-37.6
33.4
-23.6
3.6
-8.9
-11.4
14.6
8.3
8.8
-38.9
-4.4
-3.3
8.1
2.9
3.1
6.1
-7.4
3.6
-3.8
-9.1
3.0
-9.5
-6.4
2.0
-11.2
1.6
1.1
5.9
1.7
2.9
0.6
1.4
-12.1
1.6
1.7
1.0
2.7
-0.8
0.0
-2.2
-3.2
1.9
4.3
1.4
11.0
7.5
6.6
2.7
0.3
0.0
3.7
2.0
4.3
4.7
0.5
1.7
3.1
9.8
4.3

-0.3
-1.2
0.2
-6.2
-1.7
-3.0
-12.9
-0.9
0.3
-1.6
1.2
2.3
1.0
4.2
-1.4
-0.9
1.6
0.6
0.0
0.3
-0.2
-2.7
0.2
-6.4
-7.0
0.4
-0.5
-15.0
-13.2
-11.8
0.1
0.2
0.0
-1.0
-0.4
0.0
0.0
1.9
0.3
0.1
0.1
0.3
-0.1
0.2
-0.9
1.5
0.4
0.0
0.0
0.1
0.2
0.0
0.2
-0.1
0.0
0.0
1.8
0.2
0.1
0.0
0.0
0.0
0.2
-0.1

0.0
-0.2
0.7
18.2
11.2
-3.0
71.2
2.2
0.0
-1.4
0.0
0.4
0.3
-3.2
-1.6
0.6
-0.6
0.2
0.2
-0.6
0.0
1.1
0.5
-2.0
-5.7
0.5
0.9
-4.0
-5.0
-3.7
0.1
0.1
0.0
0.0
0.0
0.0
0.1
-2.0
0.1
-0.2
-0.1
0.0
-0.1
-0.1
-0.4
5.0
-0.5
0.9
0.0
-0.4
0.4
0.1
0.1
0.3
0.0
0.0
-0.2
0.0
0.2
0.1
0.0
0.0
2.4
0.1

-0.1
-0.1
0.0
-0.6
-5.6
-1.4
-20.5
-3.8
0.0
-0.1
0.0
0.5
20.6
3.8
-2.3
0.1
-1.4
0.3
0.2
-1.1
0.3
-2.2
-0.1
-0.8
-0.8
0.5
0.1
2.1
-3.4
-9.3
0.1
0.1
0.0
0.0
0.0
0.0
0.0
-1.8
0.2
1.5
0.0
0.0
0.0
0.1
-1.3
-0.3
0.2
0.1
0.0
0.6
0.2
0.5
0.0
0.7
0.0
0.2
0.6
1.6
0.2
0.0
0.0
0.0
0.0
0.0

0.3
-0.1
-0.3
3.7
9.6
-5.2
14.6
-9.2
0.1
-1.3
-1.8
-4.4
-5.8
0.9
4.3
5.4
-1.2
0.2
0.0
3.4
-0.2
-1.8
0.7
-1.1
4.7
-0.4
1.3
-3.4
-0.5
-0.7
0.3
0.2
-0.2
2.2
1.0
0.0
0.2
-3.6
-0.4
0.3
0.1
0.0
0.2
-0.1
-0.2
-6.6
0.0
0.6
0.2
0.4
3.0
1.4
1.2
1.8
0.0
0.9
-0.1
0.7
2.4
0.5
0.2
1.7
0.2
2.2

0.6
1.2
1.0
-12.7
8.9
-8.1
55.0
-8.9
0.7
0.1
-0.6
4.9
-1.1
0.3
-3.7
-5.1
1.1
0.4
1.1
0.5
-0.2
1.0
0.5
4.4
3.9
0.5
1.1
6.8
2.9
15.9
0.3
-0.2
0.4
0.0
0.3
0.7
0.7
1.9
0.2
0.0
0.5
0.9
0.0
0.2
0.2
-4.4
0.1
0.1
0.2
0.9
0.0
1.0
0.1
0.2
0.0
0.2
-0.6
0.0
0.5
-0.2
0.4
0.0
0.2
-0.2

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 products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Footwear2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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 equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Construction machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal cutting machine tools2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal forming machine tools. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tools, dies, jigs, fixtures, and industrial molds2. . . . . . . . . . . . . . . . . . . . . . . . . .
Pumps, compressors, and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
[February 2024]
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 homes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

-1.7
2.5
1.2
0.1
0.2
1.8
-3.3
1.3
1.3
1.2
-0.7
0.6
4.4
3.1
1.6
0.5
8.9
11.3
-1.4
2.5
3.6
2.6
2.3
-0.5
7.4
-1.1
3.4
-5.9
-3.5
-2.4
-3.1
6.1
1.3
4.6
0.9
-34.0
10.2
-36.6
-0.1
-7.4
3.9
15.0
-6.5
2.0
11.0
-4.6
-7.7
8.9
1.3
-2.6
0.6
-5.9
-0.8
4.9
0.0
0.7
4.2
8.7
2.8
5.9

-1.1
0.1
-0.9
0.1
0.0
0.5
0.8
-0.2
0.0
0.1
-0.3
-0.2
0.1
0.5
-0.1
0.1
0.0
1.2
0.3
0.0
-2.2
0.0
0.1
0.0
0.8
1.4
1.2
-3.7
4.8
-0.3
1.1
-0.2
-0.8
-2.2
-4.1
-27.9
8.1
-5.1
-1.5
-0.3
-1.1
-0.4
0.3
0.7
0.8
-4.4
16.4
0.1
0.5
0.5
1.2
0.1
0.7
0.5
0.0
1.2
0.1
0.8
0.0
0.8

-0.1
0.6
-1.1
0.4
0.2
0.6
-0.2
0.3
0.0
0.1
0.0
0.0
0.1
0.0
0.3
0.0
2.2
1.6
0.4
0.2
2.4
0.0
0.2
0.5
1.5
5.8
-1.4
1.0
1.0
1.4
0.6
2.3
-0.4
-1.0
-0.1
6.4
3.9
-4.3
3.8
3.6
-3.0
-0.4
-5.6
0.6
0.3
2.9
-5.1
-1.7
-3.2
-0.2
0.4
-0.2
2.1
-0.3
0.1
-0.4
0.1
0.9
-0.1
-1.6

0.0
-0.7
-0.3
-0.1
0.0
0.6
-2.4
0.0
0.1
-0.2
0.0
0.0
0.0
0.1
0.0
0.0
2.1
0.0
-0.1
0.2
2.6
0.0
0.0
-1.0
-0.1
-8.5
1.1
0.1
-5.8
0.8
-8.5
-1.2
0.9
2.9
5.3
15.2
-6.8
-5.3
1.3
-6.5
4.7
0.3
0.2
-3.2
-0.6
-4.0
4.5
-0.1
0.1
-0.2
-0.1
-1.6
-1.1
0.3
0.1
2.4
0.4
0.7
1.5
2.0

0.1
0.6
1.5
0.1
0.0
0.1
0.0
0.2
0.0
0.2
-0.3
0.0
0.3
0.0
0.1
0.1
1.1
0.8
0.3
0.4
0.5
0.6
0.5
0.1
-0.1
5.0
0.1
0.3
10.3
-1.0
1.9
0.9
0.1
3.4
-2.3
-30.1
3.1
-10.4
0.3
-8.9
8.0
-0.7
0.7
2.8
-1.3
-4.9
-7.7
2.2
3.7
-0.2
1.1
-0.2
0.3
0.3
-0.1
-0.5
0.8
0.8
-0.3
1.2

0.0
0.7
0.0
-1.0
0.0
0.0
0.2
0.3
0.1
0.1
0.6
0.0
-0.1
0.3
0.1
0.0
0.3
2.6
0.0
0.5
-0.5
0.0
0.3
-0.3
-0.7
-0.8
-0.2
0.4
-6.4
-3.5
-2.7
0.8
0.4
-0.1
-0.9
-8.5
-2.9
-3.5
-0.9
5.6
-3.1
-1.0
0.0
1.0
-1.3
6.6
-0.6
-0.4
-2.1
0.9
-1.4
0.4
-0.6
1.3
0.0
2.4
0.5
1.7
0.8
0.5

-0.5
4.7
1.2
7.0
0.1

-0.3
0.1
0.1
0.5
0.0

-0.2
0.1
0.2
-1.0
1.2

0.0
0.1
0.1
-0.1
-0.3

0.3
0.3
0.1
0.6
0.9

0.1
-0.1
0.2
1.3
0.2

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[February 2024]
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 services2. . . . . . . . . . . . . . .
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)2. . . . . . . . . . . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

1.2
6.9
18.7
0.4
7.3
8.3
-1.2
0.0
2.3
6.4
1.0
5.5
-8.4
6.3
0.7
2.6
3.1
-2.2
-4.6
7.9
2.0
0.1
4.4
4.6
3.0
5.3
3.0
5.6
3.8
4.2

0.2
-0.5
0.8
0.0
-1.9
-3.0
0.1
0.0
0.2
0.0
0.1
0.4
0.8
0.9
-0.2
0.8
-3.6
-5.5
-1.1
0.6
0.1
0.0
0.2
0.8
0.0
0.7
0.4
-1.9
1.0
0.3

-0.2
0.3
2.3
-3.7
0.1
-1.7
0.0
0.0
0.2
0.1
0.0
0.3
-2.1
0.3
-0.5
0.0
2.1
0.2
-0.1
-0.7
0.0
0.0
0.1
-0.2
0.2
0.1
0.2
1.1
0.2
0.5

1.9
4.2
3.2
-0.2
2.9
1.6
0.0
0.0
0.1
0.6
-0.1
0.5
1.3
0.4
-1.0
0.1
0.9
-0.2
-0.1
-1.5
0.1
0.0
0.2
-0.4
0.1
0.7
0.2
-4.6
0.0
0.2

1.6
0.7
1.0
0.0
0.6
5.9
0.0
0.0
-1.1
0.4
0.2
0.0
-4.2
2.0
0.0
-0.1
0.0
-1.1
-0.9
-1.0
1.1
-0.1
-0.2
1.4
0.0
0.8
0.1
1.4
0.1
0.3

0.4
3.4
-0.2
0.4
0.6
0.2
0.0
0.0
1.4
0.3
0.0
-0.4
-2.0
0.4
0.6
-0.1
0.1
-0.1
0.2
1.6
0.1
0.0
0.1
0.5
1.9
0.2
0.0
3.8
0.7
0.0

56
56
56
60
FD
80
80
80
80
80

1
2
3
1
43
1101
1102
1103
1104
1105

4.0
0.9
-0.4
2.3
-1.1
-1.2
-1.1
-1.4
-0.5
-1.4

2.0
0.0
1.7
-0.7
-0.2
-0.5
-0.2
-0.4
0.0
0.0

1.7
0.0
-0.2
1.2
-0.1
-0.1
0.0
-0.1
-0.1
-0.5

2.3
0.0
1.8
1.3
0.0
-0.1
-0.1
0.2
0.0
0.2

0.1
0.6
-1.6
-0.3
0.2
0.0
0.5
0.1
0.5
0.1

0.1
0.0
0.2
0.4
0.0
0.0
0.0
0.0
0.0
0.0

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

-1.8
-3.9
8.4
-3.2
-3.3
8.1
18.2
-18.2
-9.0
-1.6
-1.9
-3.0
-1.2
-9.1
1.4
3.9
-14.2
-14.6
-10.8
-6.4
-9.0
-11.2
25.9

-1.0
-0.2
1.3
2.0
1.6
0.6
0.9
-0.2
-0.7
-1.0
2.3
-0.6
-0.1
-7.0
0.2
0.6
1.1
-1.8
-2.0
-15.0
-3.2
-11.8
4.0

-0.7
-0.5
0.1
-6.5
-0.6
0.2
2.6
-0.5
-0.2
-0.7
-0.6
-1.1
-0.1
-5.7
-0.4
-0.1
2.0
0.8
-0.1
-4.0
-5.8
-3.7
-5.2

-0.4
0.1
4.8
1.2
-1.4
0.3
0.1
-1.8
-0.7
-0.5
-1.2
0.2
0.2
-0.8
1.2
1.1
2.1
-0.2
-0.3
2.1
-12.1
-9.3
-7.1

-0.1
-1.6
-3.9
0.5
-1.2
0.2
2.6
-3.4
-2.5
0.1
-1.6
0.4
0.0
4.7
-1.5
-1.7
-0.2
3.2
4.6
-3.4
0.4
-0.7
-0.2

1.6
0.3
2.2
1.3
1.1
0.4
9.1
-2.3
-2.3
1.7
0.4
-0.3
-0.1
3.9
2.4
2.3
2.1
-0.7
7.2
6.8
11.5
15.9
1.8

Intermediate Demand by Commodity Type
Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dairy products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
[February 2024]
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 products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fluid power equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

0.0
-5.7
3.4
-13.3
-11.8
-1.0
0.9
13.1
2.5
-3.3
-29.0
-5.5
-15.8
-2.9
2.2
0.1
-7.5
-0.8
-2.0
-6.7
-2.0
-1.9
-10.4
0.5
-1.5
-0.5
-0.5
-6.5
-3.7
11.5
2.0
1.2
5.0
-0.1
-7.8
-6.2
-5.0
-4.0
3.0
-2.5
-0.1
1.4
3.0
2.4
7.3
3.0
-5.2
1.0
9.2
3.3
3.8
2.8
6.2
-4.6
3.1
6.7
0.5
4.3
2.3
-1.1
6.5
6.6
6.1
1.4
1.2
3.7

-0.2
11.9
2.9
-1.7
2.7
-0.4
-3.6
0.9
0.3
-6.5
1.4
4.6
0.0
-0.9
0.8
0.1
2.4
-0.1
0.0
0.5
-0.2
-0.4
-2.3
-4.9
0.2
1.6
-0.5
-0.4
-0.1
-18.4
0.0
-0.6
-2.4
-2.0
-1.4
-0.4
-1.3
-0.5
0.4
-0.9
0.0
0.0
0.7
0.6
-0.6
0.0
-1.3
0.2
2.1
0.4
0.5
0.8
0.0
0.2
0.1
0.4
0.0
-0.1
-0.2
0.2
0.9
0.6
0.6
1.1
0.1
0.2

0.2
2.1
2.3
-0.1
-2.4
0.0
0.1
0.0
0.2
-6.0
-0.7
1.9
-0.6
1.7
-2.2
0.0
0.2
-0.1
0.0
0.0
-0.2
0.3
-4.2
1.3
0.3
-1.1
-0.1
-0.1
-0.3
-2.4
0.1
-0.2
-2.0
0.6
0.2
-0.1
-0.3
0.0
-0.3
-0.5
0.1
0.2
0.0
0.5
0.3
0.1
0.7
0.1
-1.9
0.7
0.6
0.3
0.2
-0.1
-0.3
0.9
0.1
0.1
0.0
0.2
0.6
0.5
-0.3
1.3
0.1
0.9

0.7
-7.3
4.3
-0.2
-2.2
0.0
-0.4
-0.2
-0.3
-1.9
4.5
2.9
0.5
1.1
0.2
-0.2
-1.5
0.0
-0.4
0.6
0.0
-0.4
-1.7
4.2
0.0
0.1
0.0
-1.5
-0.1
3.0
0.0
0.9
2.4
-1.0
0.0
-0.3
1.0
0.4
0.7
0.0
-0.1
-0.3
0.2
1.1
0.0
0.1
-0.3
0.0
0.0
0.0
0.0
0.3
-0.2
-0.5
0.0
0.2
0.0
0.0
-0.2
0.6
0.6
-0.3
0.3
0.9
-0.2
0.4

0.3
-3.6
2.7
-1.2
-4.1
0.2
-0.2
0.4
-0.7
17.1
-3.4
3.9
-0.3
0.5
2.6
0.1
-1.5
0.2
0.2
-1.6
0.0
1.0
-1.7
0.1
-0.1
0.3
0.5
0.7
-0.5
0.4
0.8
0.7
5.4
0.6
0.4
-0.7
0.8
0.5
0.1
0.4
-0.3
0.6
0.7
0.7
1.9
0.0
0.2
0.5
0.9
0.4
-1.3
-1.5
0.4
-0.6
0.3
1.3
0.5
2.2
0.1
-0.2
1.2
1.1
-0.2
-0.2
0.2
0.5

-0.1
9.7
-14.0
-1.0
2.5
-0.4
-0.2
11.7
0.3
-5.0
-5.3
0.8
0.0
1.7
-1.6
-0.3
1.2
0.0
-0.1
0.1
0.0
-0.7
-3.0
1.5
1.4
-0.4
0.5
-0.1
0.1
0.0
0.2
0.2
2.9
3.6
-1.4
0.2
-0.8
0.1
1.0
0.2
-0.1
-0.2
0.1
-0.3
0.0
0.4
-0.1
0.2
0.2
0.3
1.0
0.5
3.6
0.4
0.0
0.5
-0.2
-0.2
1.4
0.0
0.1
0.3
0.9
-0.4
0.1
0.7

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[February 2024]
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
Feb. 2023
to
Feb. 2024p

Seasonally adjusted 1-month percent change1

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

2.5
2.5

0.1
0.0

0.1
0.2

0.0
0.2

0.2
0.4

0.3
0.5

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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Coal2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

-8.3
-12.5
-32.1
-40.1
14.9
-13.0
3.8
-33.4
-9.4
-40.3
-23.6
6.2
-5.6
3.9
-5.2
-2.4
-19.0
1.6
-3.7
68.3
-7.3
-3.2
-2.7
-2.4
1.7
7.7

-1.6
-2.1
-6.0
-2.9
0.2
-5.1
-1.0
-14.1
-2.4
-4.7
-0.9
4.1
-1.4
-1.5
-5.7
2.7
1.2
-3.4
-0.1
10.8
-1.1
1.5
1.8
-2.7
0.4
0.5

-2.1
-0.4
-1.2
-3.5
-4.4
-4.4
-1.3
4.7
-1.4
7.1
2.2
-0.7
-3.1
-6.2
1.3
2.7
9.9
-9.6
-1.1
4.0
-0.7
5.0
2.0
0.5
2.3
0.5

-4.2
-3.3
2.4
-2.0
-3.2
-18.8
4.8
1.3
-5.1
-17.5
-3.8
-0.3
-4.7
3.6
-3.0
-1.6
-1.4
-10.6
-0.3
2.7
-0.3
-0.3
1.0
1.8
-1.2
0.5

1.4
-1.5
-3.3
-6.5
1.3
-2.9
-3.3
14.1
1.1
-2.0
-9.2
-2.3
3.1
-0.4
0.0
0.6
14.8
4.9
0.1
8.0
0.6
-6.6
-1.0
-0.4
-2.1
2.6

1.2
0.8
-5.2
-9.2
1.6
35.6
2.0
-7.5
-0.2
-3.4
-8.9
0.8
1.4
12.7
0.2
-0.6
-7.2
7.5
-0.1
3.0
-0.9
-4.4
-1.0
2.4
1.0
1.0

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. . . . . . . . . . . . . . . .
Pipeline transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services related to water transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

3.2
4.9
7.4
-3.0
11.5
-3.5
-2.4
6.9
-0.1
11.0
0.8
0.6
-5.9
5.4
-0.8
7.1
4.0
3.5
0.8
0.7
3.7
-0.1
0.3

0.0
1.5
0.8
0.1
4.6
4.8
-0.3
-0.3
-1.5
0.8
0.4
1.2
0.1
-2.3
0.7
0.0
0.4
1.3
-0.2
1.2
1.2
1.6
-0.3

0.5
1.5
1.5
-0.8
10.5
1.0
1.4
2.6
3.8
0.3
-0.2
0.4
-0.2
0.4
2.1
0.0
0.0
-1.0
-0.1
-0.4
0.3
-0.3
-0.4

0.4
-0.2
-0.1
-1.6
4.4
-5.8
0.8
-1.4
1.3
-0.6
0.8
-0.1
-1.6
4.1
-1.1
0.0
0.5
0.3
0.0
2.3
0.4
12.3
-0.1

0.7
0.8
-0.1
2.8
5.7
10.3
-1.0
1.1
0.3
-1.3
0.1
1.1
-0.2
-1.3
0.3
0.0
0.1
0.9
0.1
-0.5
0.9
-0.1
0.5

0.1
-0.5
-0.7
0.6
-2.9
-6.4
-3.5
0.8
-0.9
-1.3
1.1
-1.4
0.4
1.7
-0.6
3.2
0.0
1.1
-0.6
2.4
0.5
7.1
2.0

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

3.3
1.4
-0.7
0.1
-7.1
-7.3
1.3
2.8
1.2
7.0
1.2
2.1
-2.2

-0.5
0.0
-0.4
0.0
0.6
-0.6
0.0
-0.5
0.1
0.5
0.2
0.2
0.5

0.4
0.0
-0.2
0.0
6.3
5.0
0.0
0.2
0.2
-1.0
-0.2
0.3
-1.2

0.5
0.0
0.0
0.0
1.7
1.3
0.0
-0.1
0.1
-0.1
1.9
0.3
-0.2

0.8
0.2
0.3
0.0
-1.0
-15.0
-0.2
-0.4
0.1
0.6
1.6
0.4
0.7

0.1
0.0
0.1
0.0
1.7
7.6
0.0
1.1
0.2
1.3
0.4
0.1
2.9

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
[February 2024]
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 services2. . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

18.7
0.4
7.3
8.3
9.4
-1.2
2.3
6.4
1.0
-0.1
3.7
-5.0
4.6
-8.4
-0.6

0.8
0.0
-1.9
-3.0
-0.1
0.1
0.2
0.0
0.1
0.0
-3.0
-0.2
-0.7
0.8
-0.6

2.3
-3.7
0.1
-1.7
-0.7
0.0
0.2
0.1
0.0
0.0
1.4
-0.2
1.1
-2.1
0.1

3.2
-0.2
2.9
1.6
-0.7
0.0
0.1
0.6
-0.1
0.1
1.1
-1.9
-0.4
1.3
-0.6

1.0
0.0
0.6
5.9
0.3
0.0
-1.1
0.4
0.2
0.0
1.7
-1.4
3.3
-4.2
0.0

-0.2
0.4
0.6
0.2
3.3
0.0
1.4
0.3
0.0
0.0
-3.9
0.0
-0.1
-2.0
-0.6

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

-1.0
6.3
6.8
2.6
3.1
0.2
4.8
6.0
0.7
12.1
-0.4
4.1
5.6

0.2
0.9
-1.1
0.8
-3.6
0.0
-0.5
0.8
0.2
0.8
0.1
-0.2
-1.9

-0.2
0.3
-0.4
0.0
2.1
0.0
0.7
-0.9
0.2
-0.2
0.4
0.9
1.1

0.2
0.4
0.0
0.1
0.9
0.0
0.8
2.3
0.1
2.4
0.0
-0.3
-4.6

0.1
2.0
2.2
-0.1
0.0
0.1
0.4
-0.4
-0.1
2.8
0.7
-0.1
1.4

-0.9
0.4
0.4
-0.1
0.1
0.0
-0.2
-0.4
-0.3
0.6
0.0
-1.5
3.8

55
55
59

1
4
1

7.6
6.5
4.4

-0.1
0.3
0.5

0.4
0.5
-0.3

0.8
0.2
0.5

1.6
-0.3
1.2

-0.3
-0.1
0.0

4
2

3.0
3.0

0.1
0.1

0.0
0.0

0.0
0.0

0.4
0.4

0.3
0.3

1.8
-0.4
-37.6
8.4
-4.4
-3.3
1.4
3.9
-6.4
-11.2
-11.8
-1.0
13.1
2.5
1.6
-2.0
-6.7
-2.0
-1.9
-6.1
-1.5
-3.7
2.0
5.0
-4.0
2.4
1.0
3.8
-4.6

-0.3
-0.5
-3.0
1.3
-0.9
1.6
0.2
0.6
-15.0
-11.8
2.7
-0.4
0.9
0.3
0.3
0.0
0.5
-0.2
-0.4
-3.3
0.2
-0.1
0.0
-2.4
-0.5
0.6
0.2
0.5
0.2

0.2
-0.2
-3.0
0.1
0.6
-0.6
-0.4
-0.1
-4.0
-3.7
-2.4
0.0
0.0
0.2
0.1
0.0
0.0
-0.2
0.3
-2.1
0.3
-0.3
0.1
-2.0
0.0
0.5
0.1
0.6
-0.1

0.2
0.0
-1.4
4.8
0.1
-1.4
1.2
1.1
2.1
-9.3
-2.2
0.0
-0.2
-0.3
0.2
-0.4
0.6
0.0
-0.4
0.7
0.0
-0.1
0.0
2.4
0.4
1.1
0.0
0.0
-0.5

0.5
0.0
-5.2
-3.9
5.4
-1.2
-1.5
-1.7
-3.4
-0.7
-4.1
0.2
0.4
-0.7
-0.4
0.2
-1.6
0.0
1.0
-0.9
-0.1
-0.5
0.8
5.4
0.5
0.7
0.5
-1.3
-0.6

0.2
0.6
-8.1
2.2
-5.1
1.1
2.4
2.3
6.8
15.9
2.5
-0.4
11.7
0.3
0.2
-0.1
0.1
0.0
-0.7
-1.1
1.4
0.1
0.2
2.9
0.1
-0.3
0.2
1.0
0.4

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 products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
[February 2024]
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 services2. . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

0.5
1.2
4.3
2.3
7.4
6.6
7.1
1.4
1.2
3.7
2.5
2.5
3.8
-5.9
4.9
0.7
0.3
-0.7
2.1
-2.2
18.7
7.3
8.3
9.4
3.5
1.0
3.7
-5.0
5.0
4.6

0.0
-0.1
-0.1
-0.2
0.6
0.6
0.7
1.1
0.1
0.2
0.1
0.0
-0.2
0.1
0.5
1.2
-0.3
-0.4
0.2
0.5
0.8
-1.9
-3.0
-0.1
0.2
0.1
-3.0
-0.2
0.7
-0.7

0.1
-0.1
0.1
0.0
0.5
0.5
-0.3
1.3
0.1
0.9
0.1
0.2
0.5
-0.2
-0.3
-0.4
-0.4
-0.2
0.3
-1.2
2.3
0.1
-1.7
-0.7
0.1
0.0
1.4
-0.2
-0.3
1.1

0.0
0.0
0.0
-0.2
0.5
-0.3
0.3
0.9
-0.2
0.4
0.0
0.2
0.4
-1.6
0.3
2.4
-0.1
0.0
0.3
-0.2
3.2
2.9
1.6
-0.7
0.4
-0.1
1.1
-1.9
1.0
-0.4

0.5
0.2
2.2
0.1
2.2
1.1
-0.4
-0.2
0.2
0.5
0.2
0.4
1.1
-0.2
0.3
-0.5
0.5
0.3
0.4
0.7
1.0
0.6
5.9
0.3
-0.2
0.2
1.7
-1.4
-0.7
3.3

-0.2
0.3
-0.2
1.4
0.8
0.3
1.1
-0.4
0.1
0.7
0.3
0.5
-0.2
0.4
1.3
2.4
2.0
0.1
0.1
2.9
-0.2
0.6
0.2
3.3
0.6
0.0
-3.9
0.0
0.1
-0.1

44
45
45
45
45
45
46
49

3
1
51
2
3
4
3
1

-1.0
6.3
0.2
6.8
2.6
3.1
0.7
-0.4

0.2
0.9
0.0
-1.1
0.8
-3.6
0.2
0.1

-0.2
0.3
0.0
-0.4
0.0
2.1
0.2
0.4

0.2
0.4
0.0
0.0
0.1
0.9
0.1
0.0

0.1
2.0
0.1
2.2
-0.1
0.0
-0.1
0.7

-0.9
0.4
0.0
0.4
-0.1
0.1
-0.3
0.0

55
57
57
57
57
57
57
58
59

1
1102
3
4
5
6
8
D
1

7.6
7.4
-3.0
11.5
-3.5
-2.4
6.1
11.0
4.4

-0.1
0.8
0.1
4.6
4.8
-0.3
-0.2
0.8
0.5

0.4
1.5
-0.8
10.5
1.0
1.4
2.3
0.3
-0.3

0.8
-0.1
-1.6
4.4
-5.8
0.8
-1.2
-0.6
0.5

1.6
-0.1
2.8
5.7
10.3
-1.0
0.9
-1.3
1.2

-0.3
-0.7
0.6
-2.9
-6.4
-3.5
0.8
-1.3
0.0

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

-0.9
-4.9
14.9
-13.0
-2.6
-9.4
1.4
3.9
-6.4
-9.0
-11.2
0.0
-5.7
3.4
-13.3
-11.8
-0.8

-0.5
-1.7
0.2
-5.1
-2.6
-2.4
0.2
0.6
-15.0
-3.2
-11.8
-0.2
11.9
2.9
-1.7
2.7
-1.1

-0.2
-1.1
-4.4
-4.4
-0.6
-1.4
-0.4
-0.1
-4.0
-5.8
-3.7
0.2
2.1
2.3
-0.1
-2.4
0.2

-0.4
-1.6
-3.2
-18.8
4.3
-5.1
1.2
1.1
2.1
-12.1
-9.3
0.7
-7.3
4.3
-0.2
-2.2
-0.1

0.3
0.1
1.3
-2.9
-1.4
1.1
-1.5
-1.7
-3.4
0.4
-0.7
0.3
-3.6
2.7
-1.2
-4.1
0.0

1.1
2.4
1.6
35.6
0.8
-0.2
2.4
2.3
6.8
11.5
15.9
-0.1
9.7
-14.0
-1.0
2.5
-0.3

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
[February 2024]
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 services2. . . . . . . . . . . . . . . . .
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Coal2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

-15.4
-2.9
-7.5
-6.7
-0.5
-6.5
-2.1
2.0
1.2
5.0
-4.9
3.0
-2.5
2.1
7.3
1.0
4.7
2.2
7.7
6.5
1.2
3.9
2.5
0.6
4.9
-0.1
-2.5
0.3

1.2
-0.9
2.4
0.5
-0.5
-0.4
-0.3
0.0
-0.6
-2.4
-0.7
0.4
-0.9
0.7
-0.6
0.2
0.5
0.1
0.5
0.9
0.1
0.1
0.4
1.2
0.5
1.6
0.0
-0.3

-0.9
1.7
0.2
0.0
-0.1
-0.1
-0.2
0.1
-0.2
-2.0
-0.1
-0.3
-0.5
0.6
0.3
0.1
0.1
0.1
0.5
0.6
0.1
0.2
0.6
0.4
-0.3
-0.3
0.0
-0.4

1.7
1.1
-1.5
0.6
0.0
-1.5
-0.2
0.0
0.9
2.4
0.1
0.7
0.0
1.8
0.0
0.0
0.3
0.1
0.5
0.6
-0.2
0.0
0.6
-0.1
0.3
12.3
0.0
-0.1

0.2
0.5
-1.5
-1.6
0.5
0.7
-0.4
0.8
0.7
5.4
-0.3
0.1
0.4
1.3
1.9
0.5
-0.3
0.9
2.6
1.2
0.2
0.3
0.5
1.1
0.3
-0.1
-0.5
0.5

-1.0
1.7
1.2
0.1
0.5
-0.1
0.3
0.2
0.2
2.9
0.1
1.0
0.2
-0.8
0.0
0.2
0.8
0.2
1.0
0.1
0.1
0.1
0.1
-1.4
1.3
7.1
-2.3
2.0

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

-0.5
3.1
1.2
2.1
-2.2
18.7
7.3
3.5
3.7
6.3
6.8
2.6
3.1
0.2
0.7
6.5
7.4
-3.0
11.5
-3.5
-2.4
6.9
4.4

-0.3
-0.2
0.2
0.2
0.5
0.8
-1.9
0.2
-3.0
0.9
-1.1
0.8
-3.6
0.0
0.2
0.3
0.8
0.1
4.6
4.8
-0.3
-0.3
0.5

-0.2
0.1
-0.2
0.3
-1.2
2.3
0.1
0.1
1.4
0.3
-0.4
0.0
2.1
0.0
0.2
0.5
1.5
-0.8
10.5
1.0
1.4
2.6
-0.3

0.0
0.0
1.9
0.3
-0.2
3.2
2.9
0.4
1.1
0.4
0.0
0.1
0.9
0.0
0.1
0.2
-0.1
-1.6
4.4
-5.8
0.8
-1.4
0.5

0.3
-0.1
1.6
0.4
0.7
1.0
0.6
-0.2
1.7
2.0
2.2
-0.1
0.0
0.1
-0.1
-0.3
-0.1
2.8
5.7
10.3
-1.0
1.1
1.2

0.1
0.5
0.4
0.1
2.9
-0.2
0.6
0.6
-3.9
0.4
0.4
-0.1
0.1
0.0
-0.3
-0.1
-0.7
0.6
-2.9
-6.4
-3.5
0.8
0.0

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

-0.8
-5.3
-40.1
-23.6
-9.0
-2.4
-19.0
-9.1
1.6
-11.2
-12.1
-2.9
-1.9
-3.7

-0.3
-1.1
-2.9
-0.9
-0.7
2.7
1.2
-7.0
-3.4
-11.8
1.9
-0.9
0.0
-0.1

-0.9
-2.4
-3.5
2.2
-0.2
2.7
9.9
-5.7
-9.6
-3.7
-2.0
1.7
0.1
-1.1

-1.2
-3.5
-2.0
-3.8
-0.7
-1.6
-1.4
-0.8
-10.6
-9.3
-1.8
1.1
-0.1
-0.3

1.0
1.6
-6.5
-9.2
-2.5
0.6
14.8
4.7
4.9
-0.7
-3.6
0.5
0.1
0.1

0.9
1.1
-9.2
-8.9
-2.3
-0.6
-7.2
3.9
7.5
15.9
1.9
1.7
-0.1
-0.1

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
[February 2024]
Commodity
code
Grouping
Group
code

Item
code

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.p

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 services2. . . . . . . . . . . . . . . . .
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

-0.5
-6.5
2.0
-3.2
5.0
-4.9
2.2
0.5
2.6
0.6
-5.9
7.1
4.0
3.5
0.8
0.7
-0.1
-7.1
1.2
2.1
7.3
8.3
9.4
3.5
-0.1
6.3
6.8
3.1
0.2
0.7
12.1
-0.4
5.6

-0.5
-0.7
0.0
1.5
-2.4
-0.7
0.1
0.0
0.4
1.2
0.1
0.0
0.4
1.3
-0.2
1.2
1.6
0.6
0.1
0.2
-1.9
-3.0
-0.1
0.2
0.0
0.9
-1.1
-3.6
0.0
0.2
0.8
0.1
-1.9

-0.1
0.0
0.1
5.0
-2.0
-0.1
0.1
0.1
0.2
0.4
-0.2
0.0
0.0
-1.0
-0.1
-0.4
-0.3
6.3
0.2
0.3
0.1
-1.7
-0.7
0.1
0.0
0.3
-0.4
2.1
0.0
0.2
-0.2
0.4
1.1

0.0
-2.0
0.0
-0.3
2.4
0.1
0.1
0.0
0.4
-0.1
-1.6
0.0
0.5
0.3
0.0
2.4
12.3
1.7
0.1
0.3
2.9
1.6
-0.7
0.4
0.1
0.4
0.0
0.9
0.0
0.1
2.4
0.0
-4.6

0.5
0.7
0.8
-6.6
5.4
-0.3
0.9
0.5
0.5
1.1
-0.2
0.0
0.1
0.9
0.1
-0.5
-0.1
-1.0
0.1
0.4
0.6
5.9
0.3
-0.2
0.0
2.0
2.2
0.0
0.1
-0.1
2.8
0.7
1.4

0.5
-0.1
0.2
-4.4
2.9
0.1
0.2
-0.2
0.7
-1.4
0.4
3.2
0.0
1.1
-0.6
2.4
7.1
1.7
0.2
0.1
0.6
0.2
3.3
0.6
0.0
0.4
0.4
0.1
0.0
-0.3
0.6
0.0
3.8

55
58

1
D

7.6
11.0

-0.1
0.8

0.4
0.3

0.8
-0.6

1.6
-1.3

-0.3
-1.3

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

0.3
-3.0
-9.0
1.4
3.9
-14.2
-14.6
-6.4
-11.2
-12.1
-1.0
-2.0
68.3
-0.5
-2.1
-3.2
5.0
-0.1
-8.3
-4.0
2.4
4.7
7.7
3.7
-5.9
0.7

-0.4
-0.8
-0.7
0.2
0.6
1.1
-1.8
-15.0
-11.8
1.9
-0.4
0.0
10.8
-0.5
-0.3
1.5
-2.4
-2.0
-1.2
-0.5
0.6
0.5
0.5
-0.1
0.1
1.2

-0.1
-0.9
-0.2
-0.4
-0.1
2.0
0.8
-4.0
-3.7
-2.0
0.0
0.0
4.0
-0.1
-0.2
5.0
-2.0
0.6
-0.7
0.0
0.5
0.1
0.5
0.6
-0.2
-0.4

-0.2
-0.7
-0.7
1.2
1.1
2.1
-0.2
2.1
-9.3
-1.8
0.0
-0.4
2.7
0.0
-0.2
-0.3
2.4
-1.0
2.0
0.4
1.1
0.3
0.5
0.3
-1.6
2.4

0.3
-0.2
-2.5
-1.5
-1.7
-0.2
3.2
-3.4
-0.7
-3.6
0.2
0.2
8.0
0.5
-0.4
-6.6
5.4
0.6
-2.6
0.5
0.7
-0.3
2.6
0.8
-0.2
-0.5

0.7
1.4
-2.3
2.4
2.3
2.1
-0.7
6.8
15.9
1.9
-0.4
-0.1
3.0
0.5
0.3
-4.4
2.9
3.6
-1.1
0.1
-0.3
0.8
1.0
0.0
0.4
2.4

36
37
37

1
12
2

-0.5
2.8
1.2

-0.3
-0.5
0.1

-0.2
0.2
0.2

0.0
-0.1
0.1

0.3
-0.4
0.1

0.1
1.1
0.2

See footnotes at end of table.

28

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[February 2024]
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 services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

Feb. 2023
to
Feb. 2024p

Sept. to
Oct.

Oct. to
Nov.p

Nov. to
Dec.p

Dec. to
Jan.p

Jan. to
Feb.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

1.2
-2.2
18.7
7.3
8.3
9.4
3.5
3.7
2.6
3.1
4.1
5.6

0.2
0.5
0.8
-1.9
-3.0
-0.1
0.2
-3.0
0.8
-3.6
-0.2
-1.9

-0.2
-1.2
2.3
0.1
-1.7
-0.7
0.1
1.4
0.0
2.1
0.9
1.1

1.9
-0.2
3.2
2.9
1.6
-0.7
0.4
1.1
0.1
0.9
-0.3
-4.6

1.6
0.7
1.0
0.6
5.9
0.3
-0.2
1.7
-0.1
0.0
-0.1
1.4

0.4
2.9
-0.2
0.6
0.2
3.3
0.6
-3.9
-0.1
0.1
-1.5
3.8

55
57
57
57
57
57
58
60

1
1102
3
4
5
6
D
1

7.6
7.4
-3.0
11.5
-3.5
-2.4
11.0
2.3

-0.1
0.8
0.1
4.6
4.8
-0.3
0.8
-0.7

0.4
1.5
-0.8
10.5
1.0
1.4
0.3
1.2

0.8
-0.1
-1.6
4.4
-5.8
0.8
-0.6
1.3

1.6
-0.1
2.8
5.7
10.3
-1.0
-1.3
-0.3

-0.3
-0.7
0.6
-2.9
-6.4
-3.5
-1.3
0.4

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
[February 2024, Index base Nov. 2009=100, unless otherwise indicated]
Grouping

Commodity
Other
code
index
Group
Item
base
code
code

Seasonally adjusted index1
Oct.
2023

Nov.
2023p

Dec.
2023p

Jan.
2024p

Feb.
2024p

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

142.191
143.233
149.798
264.813
221.837
267.759
156.690
148.289
144.051
223.199
158.536
143.721
141.257
248.592
276.127
358.803
191.452
213.548
229.289
208.840
137.634

142.261
142.988
150.822
266.830
264.889
265.857
156.509
149.289
141.221
219.827
153.354
137.961
141.463
249.113
276.777
359.730
191.835
213.932
229.715
209.211
137.609

142.180
142.831
150.843
267.066
248.190
267.706
157.578
148.356
140.093
221.225
145.755
127.625
141.561
249.216
276.917
360.110
191.769
213.998
230.232
209.144
137.661

142.632
142.665
150.403
268.078
267.938
266.928
155.368
144.034
138.497
218.396
144.447
127.600
141.917
250.080
277.380
360.586
192.194
215.176
232.064
210.129
138.298

143.431
144.388
151.942
272.769
295.391
269.415
156.901
140.508
144.527
226.311
155.146
135.552
142.362
250.919
278.480
362.648
192.436
215.749
232.918
210.619
138.768

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

145.840
125.257
137.264
140.580
151.414
149.742
150.182
146.095
162.994
171.187
149.191
162.736
150.058
134.290
134.294
134.084
134.282
155.386
153.327
153.869
151.132
153.978
161.594
134.604
134.910

145.634
125.451
137.382
140.800
152.099
149.990
149.549
150.238
166.333
172.300
155.823
166.550
149.753
133.715
133.720
133.517
133.701
155.188
153.143
153.678
150.978
153.874
161.340
134.692
135.007

145.663
125.530
137.559
140.748
150.511
148.864
149.763
143.196
161.673
171.406
145.581
161.753
149.428
136.854
136.853
136.622
136.866
153.513
151.291
151.862
148.979
152.456
160.011
135.285
135.521

145.845
126.701
137.578
141.477
150.633
148.533
148.993
144.809
163.621
170.791
151.340
165.499
149.189
136.162
136.162
135.936
136.169
153.452
151.168
151.746
148.826
152.461
160.078
136.356
136.578

146.412
127.046
137.943
141.890
150.219
148.182
148.841
143.589
163.900
171.971
150.274
164.191
150.497
139.430
139.424
139.168
139.465
153.986
151.723
152.353
149.168
153.292
160.508
137.007
137.248

FD

42111

134.190

134.295

134.775

135.998

136.753

FD

42112

141.652

141.688

142.480

142.249

142.256

FD

4212

125.146

125.346

126.027

127.139

127.371

FD

42121

125.722

125.992

126.664

127.849

128.073

FD
FD
FD
FD
FD

42122
4213
43
431
432

110.896
141.836
174.425
178.557
166.728

110.079
141.661
174.195
178.263
166.633

110.860
143.306
174.281
178.410
166.589

110.861
144.540
174.704
178.751
167.190

111.207
145.407
174.673
178.710
167.181

04/10
04/10

FD
FD

49101
49102

139.854
140.170

139.882
140.264

139.881
140.248

140.330
140.684

141.189
141.414

04/10
04/10

FD
FD

49103
49104

140.079
139.879

140.282
140.084

140.214
140.066

140.902
140.701

141.324
141.104

04/10

FD

49105

139.905

139.908

139.771

140.307

141.092

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
[February 2024, 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
Oct.
2023

Nov.
2023p

Dec.
2023p

Jan.
2024p

Feb.
2024p

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

139.658
140.189
138.399
137.836
141.614
138.762
134.871
148.968
143.539
129.015
128.942
132.952
134.244
140.781

139.674
140.439
138.333
137.776
141.996
138.256
134.921
149.503
143.620
129.093
129.169
134.499
135.069
140.834

139.588
140.424
138.582
138.108
142.076
138.067
135.424
147.934
142.880
129.451
129.215
132.200
133.951
140.917

140.082
140.997
139.101
138.651
142.256
137.961
136.363
148.025
142.823
130.170
129.995
132.777
134.573
141.358

140.829
141.463
140.156
139.730
142.933
139.684
137.070
147.765
143.698
130.745
130.342
132.373
134.494
142.162

12/10
01/10

FD
FD

49202
49203

139.619
140.476

139.752
140.612

139.779
140.638

140.362
141.221

140.780
141.645

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

138.945
140.354
140.932
254.807
252.092
251.514
138.977
143.119
147.089
134.768
134.014
142.215
144.468
140.209
232.974
150.821
137.697
235.811
133.337
132.250
125.245
131.744
140.371
272.282
271.781
273.546
309.444
137.817
137.333
136.970
129.151
126.298
126.179
133.133

138.937
140.349
141.123
254.616
253.015
250.742
139.093
144.675
147.280
134.835
134.096
143.098
144.505
140.541
232.777
151.783
137.483
233.591
134.002
133.009
125.059
131.538
140.235
271.839
273.031
272.058
307.119
137.710
137.321
136.964
129.094
126.400
126.293
132.764

139.017
140.428
141.155
255.098
253.154
251.288
139.110
142.386
146.090
135.277
134.665
141.915
144.071
139.953
231.842
151.116
136.669
230.674
133.795
131.891
123.404
131.168
140.606
272.503
273.214
272.899
308.366
138.084
137.731
137.454
129.414
126.758
126.741
132.908

139.450
140.863
141.737
255.036
254.055
250.943
139.714
142.848
145.791
136.228
135.676
142.463
143.909
140.366
231.020
152.780
137.218
230.367
134.942
133.249
124.117
131.608
141.024
271.895
273.918
271.606
306.303
138.708
138.441
138.194
129.960
127.682
127.714
132.449

140.145
141.567
142.282
258.588
255.924
254.186
140.139
142.416
145.556
136.941
136.399
142.361
144.819
140.682
231.602
153.072
138.656
235.584
135.290
133.298
125.795
132.814
142.035
276.757
276.584
276.502
313.330
139.264
139.738
139.518
130.481
128.402
128.444
133.572

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

257.498
232.137
143.547
250.463
263.545
274.856
188.233
145.146
132.905
352.344
167.707
178.999
254.264
262.944

255.710
231.255
142.606
248.850
261.826
273.030
188.354
145.135
132.995
352.876
167.858
179.355
247.813
258.309

254.572
231.766
142.971
250.330
260.434
275.819
188.665
145.555
133.206
353.647
168.012
179.928
240.764
251.513

254.373
232.317
143.160
246.408
258.357
281.089
189.434
145.159
133.795
354.538
168.614
180.230
238.570
248.141

258.350
234.183
144.821
250.573
261.025
284.143
189.883
145.323
134.120
355.475
169.305
180.497
253.259
257.897

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
[February 2024, 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
Oct.
2023

Nov.
2023p

Dec.
2023p

Jan.
2024p

Feb.
2024p

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

251.816
305.755
250.985
245.459
249.851
234.510
253.855

244.783
304.671
250.653
245.316
249.492
234.791
253.410

237.645
304.742
250.589
245.543
249.384
230.922
253.789

235.821
304.266
250.291
246.718
248.859
225.147
253.943

252.111
304.543
250.474
246.833
249.052
217.549
255.152

00/82
00/82
00/82
00/82
00/82

ID6
ID6
ID6
ID6
ID6

2
21
22
221
2211

256.642
220.155
272.026
346.012
320.601

251.235
219.200
263.607
328.550
303.578

240.698
211.993
251.100
310.748
286.223

244.014
208.851
258.986
315.603
290.552

246.888
210.503
262.626
325.019
299.537

00/82
00/82
00/82
00/82

ID6
ID6
ID6
ID6

2212
222
2221
2222

355.706
119.143
218.249
116.957

357.323
128.222
226.363
126.349

358.974
126.325
222.742
124.495

367.869
139.564
228.761
138.519

371.523
132.110
224.848
130.652

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

3
33
331
332
32
321
3211
3212
322
3221

146.753
174.231
158.071
156.104
156.200
134.148
134.260
134.196
158.586
130.960

147.493
176.897
161.556
157.475
155.931
133.581
133.679
133.630
158.344
131.109

148.134
176.524
160.942
157.405
157.152
136.685
136.842
136.728
159.391
130.376

149.157
177.930
163.928
157.032
157.300
135.999
136.145
136.043
159.619
130.535

149.364
177.126
162.094
157.366
159.006
139.230
139.439
139.267
161.185
130.466

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

141.903

141.585

142.987

143.199

144.996

ID6

31

137.727

138.235

138.979

140.072

140.216

ID6

311

129.524

129.605

130.190

132.432

132.343

ID6

312

137.987

138.510

139.260

140.312

140.464

ID6

4

145.905

145.959

145.988

146.594

147.025

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

9111
9112
9113
9118
9115
9116
9117
9211
9212
9213
9216

258.803
244.997
255.444
254.922
255.709
164.956
146.714
278.925
215.161
273.374
431.979

256.953
243.830
248.964
254.324
255.186
166.322
146.373
270.041
203.622
273.357
434.886

255.674
244.066
241.881
254.678
255.554
166.571
145.989
256.348
187.393
268.337
436.808

255.859
240.098
239.677
254.980
256.406
167.445
146.146
266.227
199.407
263.977
428.770

260.161
240.865
254.450
256.222
257.707
167.681
147.792
271.621
206.490
263.192
420.413

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

148.811
145.679
138.718
143.988
161.768
137.807
168.850
180.697
136.358
134.281
145.795
131.262
146.450

149.062
146.152
138.513
144.620
150.872
137.571
171.580
184.445
136.652
133.700
146.280
131.627
146.601

149.392
145.969
138.386
144.355
142.760
137.539
171.212
183.797
136.392
136.865
145.330
132.055
147.205

150.209
146.480
138.526
141.608
139.965
138.150
172.955
185.982
136.818
136.168
146.005
132.805
148.274

150.495
146.265
138.623
138.740
140.030
138.700
171.696
184.183
136.789
139.464
145.321
132.800
148.709

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
[February 2024, Index base Nov. 2009=100, unless otherwise indicated]
Grouping

Commodity
Other
code
index
Item
base Group
code
code

Seasonally adjusted index1
Oct.
2023

Nov.
2023p

Dec.
2023p

Jan.
2024p

Feb.
2024p

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

146.805
149.311
142.973
147.404
146.112
163.332
151.611
133.774
155.272
142.652
145.905
163.124
167.340
155.575
172.358
152.269
170.898
147.697
139.977
148.668
132.681

146.129
147.717
141.500
147.484
146.538
165.170
151.292
133.199
154.997
143.003
145.959
163.290
167.086
150.065
172.627
153.478
173.992
147.626
139.372
148.608
132.755

146.195
148.416
141.305
147.505
147.322
163.607
152.360
136.334
155.719
144.002
145.988
163.615
167.515
148.906
173.225
153.545
174.803
145.773
142.666
146.622
132.926

145.544
146.508
139.507
147.921
148.963
165.453
152.586
135.643
156.101
145.756
146.594
164.053
167.821
145.494
173.912
154.308
176.613
145.799
141.940
146.666
133.066

147.671
147.884
144.695
148.468
148.831
164.157
155.333
138.907
158.771
145.449
147.025
164.833
168.983
154.233
174.347
154.123
176.402
145.947
145.370
146.737
132.790

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

146.377
154.031
149.168
162.687
146.934
147.707
162.420
168.321
150.110
142.972
150.292
135.657
139.540
131.055
156.259
134.255
135.775
141.601
199.799
163.381
104.295
163.888
132.625
145.905
141.557
133.499
170.110
169.931
175.023
115.812
122.244
126.492

146.093
153.705
148.093
160.139
142.024
147.457
164.995
173.210
150.058
142.354
150.271
135.634
139.269
127.835
157.264
128.935
135.769
142.103
200.620
162.808
104.355
163.311
133.405
145.959
142.238
133.509
170.123
171.505
176.777
116.528
122.999
126.124

145.528
152.776
147.003
155.698
137.211
147.988
164.746
173.232
149.074
145.722
149.050
135.956
138.956
122.168
156.210
119.630
135.718
143.196
201.483
165.362
104.589
165.878
134.115
145.988
142.393
133.803
170.498
171.514
176.721
117.228
123.739
126.593

145.981
153.548
147.272
153.710
137.495
149.230
167.403
178.032
149.117
144.980
149.135
136.482
139.185
121.764
155.158
118.727
136.140
143.586
198.585
165.515
104.458
166.032
134.767
146.594
142.377
134.161
170.953
171.051
176.106
117.829
124.373
127.545

147.608
154.741
149.133
157.457
135.660
150.561
165.920
175.140
149.425
148.488
149.266
136.177
141.142
129.387
153.776
131.117
136.541
144.070
201.291
167.942
104.616
168.471
134.586
147.025
142.463
134.756
171.712
170.538
175.599
117.047
123.547
127.127

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

136.889
126.449
122.832
158.143
95.339
142.449
150.853
169.441
168.677
134.736
170.645
137.071
145.905

135.628
124.251
119.569
159.015
90.166
142.050
151.919
172.194
169.065
134.185
171.079
137.051
145.959

133.957
120.699
114.850
155.447
83.275
141.610
151.807
170.595
170.073
137.222
171.991
137.520
145.988

135.262
122.605
117.026
148.124
88.525
140.354
153.036
172.649
170.807
136.548
172.794
138.496
146.594

136.416
123.643
118.408
139.679
91.760
140.762
153.064
172.418
170.510
139.706
172.329
139.149
147.025

See footnotes at end of table.

33

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally
adjusted — Continued
[February 2024, Index base Nov. 2009=100, unless otherwise indicated]
Grouping

Commodity
Other
code
index
Item
base Group
code
code

Seasonally adjusted index1
Oct.
2023

Nov.
2023p

Dec.
2023p

Jan.
2024p

Feb.
2024p

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

145.060
144.735
112.165
155.647
144.762
144.659
192.281
143.168
134.711
145.288
143.411
145.905

145.002
144.217
114.112
151.535
144.448
144.655
190.104
142.741
134.133
144.886
143.539
145.959

145.713
143.691
113.579
147.003
144.184
145.532
192.770
149.098
137.286
151.858
143.932
145.988

146.232
143.257
112.817
147.104
143.718
146.164
186.564
148.697
136.590
151.509
144.963
146.594

147.490
144.530
111.171
159.553
144.298
147.435
187.978
151.958
139.872
154.779
146.087
147.025

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

145.783
144.136
142.029
143.855
131.767
147.835
153.866
168.016
157.841
134.256
161.891
110.411
145.905
145.452
147.097
127.315
158.486
149.926
144.090
176.781
143.978
134.176
164.535
139.216
145.905
163.500
164.767
143.277
170.048
161.431
171.383
122.257
126.459
139.193

145.642
143.628
140.455
142.442
127.320
146.885
156.420
172.197
158.923
133.675
163.375
110.779
145.959
145.465
145.847
128.006
154.432
149.918
144.634
178.194
143.606
133.595
164.233
139.798
145.959
163.663
164.432
137.291
170.389
162.820
173.386
122.080
126.276
139.325

145.387
143.116
139.786
140.970
123.002
147.216
156.344
171.010
161.655
136.839
165.967
111.660
145.988
145.450
144.177
128.019
148.541
150.138
145.316
179.358
144.578
136.757
164.154
140.383
145.988
162.977
163.572
125.461
170.840
162.556
173.682
120.323
124.459
139.990

145.851
143.581
139.174
135.555
122.698
147.330
159.927
177.205
160.925
136.142
165.238
112.098
146.594
145.979
143.891
128.002
146.796
150.522
146.185
177.723
144.462
136.061
164.332
141.628
146.594
163.170
164.018
124.261
171.492
162.128
173.142
120.053
124.179
141.155

146.826
143.859
140.068
130.495
127.839
148.235
158.413
174.065
162.368
139.438
166.190
112.375
147.025
147.289
147.586
144.851
157.983
150.790
146.483
178.311
146.908
139.354
166.594
141.590
147.025
164.613
166.044
140.026
171.891
162.142
173.011
120.527
124.670
140.317

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

143.845
149.633
144.696
143.070
133.620
146.588
137.304
144.212
144.696
144.752
133.566
140.032
119.078
146.604
144.696
158.462
94.021
134.830
131.110

143.495
150.423
144.750
142.752
131.385
146.539
135.774
145.058
144.750
142.511
128.409
139.834
116.245
146.853
144.750
159.358
88.967
134.473
129.993

143.539
151.002
144.779
142.898
130.818
146.666
133.641
145.914
144.779
138.584
119.949
140.252
112.171
147.499
144.779
155.816
82.247
134.096
129.073

143.476
152.591
145.380
140.563
128.901
147.249
133.734
146.662
145.380
136.822
119.239
141.302
113.982
148.274
145.380
148.551
87.329
133.087
128.784

144.383
152.306
145.807
139.534
134.021
147.766
136.891
146.813
145.807
140.117
129.281
142.426
115.287
149.256
145.807
140.162
90.599
133.509
130.582

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
[February 2024, 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
Oct.
2023

Nov.
2023p

Dec.
2023p

Jan.
2024p

Feb.
2024p

146.148
144.696
134.902
141.180
126.884

147.089
144.750
133.622
136.948
126.557

147.576
144.779
132.272
131.380
126.824

148.821
145.380
127.305
130.311
127.080

148.789
145.807
123.054
139.110
127.581

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