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Transmission of material in this release is embargoed until 8:30 a.m. (ET) Friday, August 11, 2023 Technical information: (202) 691-7705 • ppi-info@bls.gov • www.bls.gov/ppi Media contact: (202) 691-5902 • PressOffice@bls.gov USDL 23-1736 PRODUCER PRICE INDEXES – JULY 2023 The Producer Price Index for final demand increased 0.3 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and declined 0.3 percent in May. (See table A.) On an unadjusted basis, the index for final demand advanced 0.8 percent for the 12 months ended in July. In July, the increase in final demand prices was led by a 0.5-percent rise in the index for final demand services. Prices for final demand goods edged up 0.1 percent. The index for final demand less foods, energy, and trade services moved up 0.2 percent in July, the largest increase since a 0.3-percent rise in February. For the 12 months ended in July, prices for final demand less foods, energy, and trade services advanced 2.7 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 July'22 Aug Sep Oct Nov Final demand Dec Jan Feb Mar Final demand goods Apr May June July'23 Final demand services Chart 2. Twelve-month percent changes in selected PPI final demand price indexes, not seasonally adjusted Percent change 15.0 12.0 9.0 6.0 3.0 0.0 -3.0 -6.0 July'22 Aug Sep Oct Final demand Nov Dec Jan Feb Final demand goods Mar Apr May Final demand services June July'23 Final Demand Final demand services: The index for final demand services increased 0.5 percent in July, the largest rise since moving up 0.5 percent in August 2022. Leading the broad-based advance in July, prices for final demand services less trade, transportation, and warehousing climbed 0.3 percent. Margins for final demand trade services rose 0.7 percent, and the index for final demand transportation and warehousing services moved up 0.5 percent. (Trade indexes measure changes in margins received by wholesalers and retailers.) Product detail: Forty percent of the July advance in the index for final demand services can be traced to a 7.6-percent rise in prices for portfolio management. The indexes for machinery and vehicle wholesaling; outpatient care (partial); chemicals and allied products wholesaling; securities brokerage, dealing, investment advice, and related services; and transportation of passengers (partial) also moved higher. Conversely, margins for food and alcohol retailing declined 2.5 percent. The indexes for application software publishing and for long-distance motor carrying also fell. (See table 2.) Final demand goods: Prices for final demand goods edged up 0.1 percent in July after no change in June. The July increase is attributable to the index for final demand foods, which rose 0.5 percent. Prices for final demand goods less foods and energy and for final demand energy were both unchanged. Product detail: Within the index for final demand goods in July, prices for meats rose 5.0 percent. The indexes for gas fuels; hay, hayseeds, and oilseeds; utility natural gas; and motor vehicles also moved higher. In contrast, prices for diesel fuel dropped 7.1 percent. The indexes for gasoline, fresh fruits and melons, and plastic resins and materials also decreased. 2 Intermediate Demand by Commodity Type Within intermediate demand in July, prices for processed goods fell 0.6 percent, the index for unprocessed goods rose 1.7 percent, and prices for services moved up 0.5 percent. (See tables B and C.) Processed goods for intermediate demand: The index for processed goods for intermediate demand fell 0.6 percent in July, the sixth consecutive decline. Leading the decrease in July, prices for processed materials less foods and energy moved down 0.7 percent. The index for processed energy goods fell 0.9 percent. Conversely, prices for processed foods and feeds advanced 1.4 percent. For the 12 months ended in July, the index for processed goods for intermediate demand dropped 7.8 percent. Product detail: Over 60 percent of the July decline in prices for processed goods for intermediate demand can be traced to a 7.6-percent decrease in the index for steel mill products. Prices for diesel fuel; industrial chemicals; plastic resins and materials; electric power; and natural, processed, and imitation cheese also fell. In contrast, the index for meats rose 5.0 percent. Prices for liquefied petroleum gas and for softwood lumber also advanced. Unprocessed goods for intermediate demand: Prices for unprocessed goods for intermediate demand moved up 1.7 percent in July, the largest advance since jumping 4.8 percent in August 2022. The July increase can be traced to the index for unprocessed energy materials, which rose 8.0 percent. Conversely, prices for unprocessed nonfood materials less energy and for unprocessed foodstuffs and feedstuffs declined 3.1 percent and 0.9 percent, respectively. For the 12 months ended in July, the index for unprocessed goods for intermediate demand dropped 24.9 percent. Product detail: Leading the advance in prices for unprocessed goods for intermediate demand, the index for crude petroleum rose 8.4 percent. Prices for natural gas; hay, hayseeds, and oilseeds; slaughter hogs; slaughter cattle; and carbon steel scrap also moved higher. In contrast, the index for nonferrous metal ores fell 4.5 percent. Prices for corn and for slaughter poultry also decreased. 3 Services for intermediate demand: The index for services for intermediate demand increased 0.5 percent in July after no change in June. Half of the broad-based rise can be traced to margins for trade services for intermediate demand, which moved up 1.3 percent. The indexes for services less trade, transportation, and warehousing for intermediate demand and for transportation and warehousing services for intermediate demand also advanced, climbing 0.3 percent and 0.4 percent, respectively. For the 12 months ended in July, prices for services for intermediate demand rose 4.6 percent, the largest 12-month increase since moving up 6.2 percent in February. Product detail: Within the index for services for intermediate demand in July, margins for chemicals and allied products wholesaling advanced 2.4 percent. The indexes for portfolio management; securities brokerage, dealing, investment advice, and related services; courier, messenger, and U.S. postal services; accounting services (partial); and hardware, building material, and supplies retailing also moved higher. Conversely, prices for business loans (partial) decreased 1.5 percent. The indexes for fuels and lubricants retailing and for arrangement of freight and cargo transportation also fell. Intermediate Demand by Production Flow Stage 4 intermediate demand: Prices for stage 4 intermediate demand rose 0.3 percent in July after declining 0.1 percent in June. In July, the index for total services inputs to stage 4 intermediate demand increased 0.8 percent. In contrast, prices for total goods inputs moved down 0.3 percent. (See table D.) Advances in the indexes for portfolio management; securities brokerage, dealing, investment advice, and related services; meats; nonresidential property management fees; machinery and equipment parts and supplies wholesaling; and courier, messenger, and U.S. postal services outweighed falling prices for steel mill products, gross rents for retail properties, and corn. For the 12 months ended in July, the index for stage 4 intermediate demand rose 2.0 percent. 4 Stage 3 intermediate demand: Prices for stage 3 intermediate demand moved down 0.6 percent in July, the sixth consecutive decrease. In July, the index for total goods inputs to stage 3 intermediate demand declined 1.8 percent. Conversely, prices for total services inputs advanced 0.3 percent. Lower prices for steel mill products, corn, slaughter poultry, diesel fuel, plastic resins and materials, and business loans (partial) outweighed increases in the indexes for courier, messenger, and U.S. postal services; slaughter hogs; and slaughter cattle. For the 12 months ended in July, prices for stage 3 intermediate demand fell 6.9 percent. Stage 2 intermediate demand: The index for stage 2 intermediate demand increased 1.4 percent in July, the largest advance since rising 3.0 percent in August 2022. In July, prices for total goods inputs to stage 2 intermediate demand moved up 3.3 percent, while the index for total services inputs was unchanged. Advancing prices for crude petroleum, gas fuels, oilseeds, prepared animal feeds, portfolio management, and accounting services (partial) outweighed decreases in the indexes for business loans (partial), fuels and lubricants retailing, and industrial chemicals. For the 12 months ended in July, prices for stage 2 intermediate demand declined 8.5 percent. Stage 1 intermediate demand: The index for stage 1 intermediate demand was unchanged in July after moving down 0.2 percent in June. In July, a 0.8-percent advance in prices for total services inputs to stage 1 intermediate demand offset a 0.9-percent decrease in the index for total goods inputs. Increases in the indexes for portfolio management; securities brokerage, dealing, investment advice, and related services; hardware, building material, and supplies retailing; courier, messenger, and U.S. postal services; and natural gas to electric utilities offset declines in prices for steel mill products, diesel fuel, corn, gross rents for retail properties, and industrial chemicals. For the 12 months ended in July, prices for stage 1 intermediate demand fell 3.1 percent. ________________ The Producer Price Index for August 2023 is scheduled to be released on Thursday, September 14, 2023, at 8:30 a.m. (ET). 5 Technical Note from the Benchmark Input-Output Accounts of the U.S. In many cases, the same commodity is purchased by different types of buyers. As a result, commodities are often included in several FD-ID indexes. For example, regular gasoline is purchased for personal consumption, export, government use, and business use. The PPI program publishes only one commodity index for regular gasoline (wpu057104), reflecting sales to all types of buyers, and this index is used in all aggregations regardless of whether the gasoline is sold for personal consumption, as an export, to government, or to businesses. Proportions based on BEA “Use of Commodities” data are used to allocate the correct portion of the total weight of gasoline to each use category. In cases when buyer type is an important price determining characteristic, indexes are created based on specific buyer type. For example, within the PPI category for loan services, separate indexes for consumer loans and business loans were constructed. For more information relating to the FD-ID structure, see “A new, experimental system of indexes from the PPI program” in the February 2011 Monthly Labor Review. Brief Explanation of Producer Price Indexes The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measures the average change over time in prices received (price changes) by producers for domestically produced goods, services, and construction. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI). CPIs measure price change from the purchaser’s perspective. More than 10,000 PPIs for individual products and groups of products are released each month. PPIs are available for the products of virtually every industry in the mining and manufacturing sectors. Over time, new PPIs have been introduced for products of industries in the services and construction sectors of the U.S. economy. As of January 2023, the PPI covered 69 percent of services as measured by 2017 Census revenue, and 17 percent of construction. More than 64,000 price quotations per month are organized into three sets of PPIs: (1) Final demandIntermediate demand (FD-ID) indexes, (2) commodity indexes, and (3) indexes for the net output of industries and their products. The FD-ID structure organizes products by class of buyer and degree of fabrication as well as by stage of production. The commodity structure organizes products by similarity of end use or product type. The entire output of various industries is sampled to derive price indexes for the net output of industries and their products. Final Demand: The final demand portion of the FD-ID structure measures price change for commodities sold for personal consumption, capital investment, government, and export. The system is composed of six main price indexes: final demand goods; final demand trade services; final demand transportation and warehousing services; final demand services less trade, transportation, and warehousing; final demand construction; and overall final demand. The final demand goods index measures price change for both unprocessed and processed goods sold to final demand. Fresh fruits sold to consumers and computers sold for capital investment are examples of transactions included in the final demand goods price index. The final demand trade services index measures price change for the retailing and wholesaling of merchandise sold to final demand, generally without transformation. (Trade indexes measure changes in margins received by wholesalers and retailers.) The final demand transportation and warehousing services index tracks price change for transportation of passengers, as well as, transportation of cargo sold to final demand, and also includes prices for warehousing and storage of goods sold to final demand. The final demand services less trade, transportation, and warehousing index measures price change for all services other than trade and transportation sold to final demand. Publishing, banking, lodging, and health care are examples of these services. The final demand construction index tracks price change for new construction, as well as maintenance and repair construction sold to final demand. Construction of office buildings is an example of a commodity that would be included in the final demand construction index. Lastly, the overall final demand index tracks price change for all types of commodities sold to final demand by combining the five final demand component indexes described above. Final Demand–Intermediate Demand Indexes The PPI FD-ID structure measures price change for goods, services, and construction sold to final demand and to intermediate demand. The FD-ID system replaced the PPI stage-of-processing (SOP) system as PPI’s primary aggregation model with the release of data for January 2014. The FD-ID model expands coverage beyond that of the SOP system through the addition of services, construction, exports, and government purchases. Compared with finished goods under the SOP system, the PPI for final demand goods includes nearly a 50 percent expansion of coverage. This increase can be traced to the addition of government purchases and exports. For overall final demand, expansion to include final demand services represents an even larger increase in coverage. In December 2022, final demand goods were about 30.7 percent of overall final demand, final demand services were roughly 66.6 percent, and final demand construction was about 2.7 percent of final demand. Within intermediate demand, coverage of services for intermediate demand resulted in about a 45 percent increase in coverage of the intermediate demand portion of the economy. FD-ID indexes are constructed from commodity-based producer output price indexes. Commodities are allocated to aggregate indexes primarily based on the type of buyer. The main source of data used to determine the type of buyer is the “Use of commodities by industries, before redefinition,” table Intermediate Demand: The intermediate demand portion of the FD-ID system tracks price change for goods, services, and construction products sold to businesses as inputs to 6 intermediate demand index, for example, tracks price change for inputs consumed, but not produced, by industries included in the fourth stage of production. Hence, the index tracks price change in inputs to industries that primarily produce final demand commodities (stage 4 producers primarily produce commodities sold to final demand). Examples of heavily weighted goods-producing industries in stage 4 include the manufacture of light trucks and utility vehicles, automobiles, and pharmaceuticals. Retail trade, food service and drinking places, and hospitals are examples of heavily weighted service industries included in stage 4. Stage 4 also includes all new construction industries. Examples of goods consumed by stage 4 industries include motor vehicle parts, commercial electric power, plastic construction products, biological products, and beef and veal. Engineering services, machinery and equipment wholesaling, long distance motor carrying, and legal services constitute examples of services consumed by stage 4 industries. Examples of highly weighted goods-producing industries included in stage 3 are motor vehicle parts manufacturing, animal (except poultry) slaughtering and processing, and semiconductor manufacturing. Services industries classified in stage 3 include wholesale trade; insurance carriers; architecture, engineering, and related services; and hotels and motels. Examples of goods consumed by stage 3 industries include slaughter steers and heifers, industrial electric power, and hot rolled steel bars, plates, and structural shapes. Services commonly consumed by stage 3 industries include commissions from sales of property and casualty insurance, business loans, temporary help services, and administrative and general management consulting services. Petroleum refineries; electricity generation, transmission, and distribution; natural gas distribution; cattle ranching and farming; and plastic materials and resin manufacturing are among the goods-based industries assigned to stage 2. Services industries that are heavily weighted in stage 2 include management of companies and enterprises; non-depository credit intermediation; insurance agencies and brokerages; and services to buildings and dwellings. Goods commonly purchased by stage 2 industries include crude oil, natural gas, formula feeds, and primary basic organic chemicals. Services that are heavily weighted in the intermediate demand stage 2 index are legal services, business loans, and cellular phone and other wireless telecommunication. Goods producing industries in stage 1 include oil and gas extraction, paper mills, and grain farming. Real estate, legal services, and advertising services are examples of highly weighted services industries included in stage 1. Examples of goods consumed by stage 1 industries are commercial and industrial electric power and gasoline. Services commonly consumed by stage 1 industries include solid waste collection, chemicals and allied products wholesaling, and guestroom or unit rental. It should be noted that all inputs purchased by stage 1 industries are by definition produced either within stage 1 or by latter stages of processing, leaving stage 1 less useful for price transmission analysis. For additional information on industry stage assignments, see www.bls.gov/ppi/fd-id/ppi-intermediate-demand-byproduction-flow-industry-stage-assignments.htm. production, excluding capital investment. The system includes two parallel treatments of intermediate demand. The first treatment organizes intermediate demand commodities by type. The second organizes intermediate demand commodities into production stages, with the explicit goal of developing a forward-flow model of production and price change. The intermediate demand by commodity type portion of the system organizes commodities by similarity of product. The system is composed of six main price indexes: unprocessed goods for intermediate demand; processed goods for intermediate demand; intermediate demand trade services; intermediate demand transportation and warehousing services; intermediate demand services less trade, transportation, and warehousing; and intermediate demand construction. The unprocessed goods for intermediate demand price index measures price change for goods sold to businesses as inputs to production that have undergone no fabrication. Crude petroleum sold to refineries is an example of an unprocessed good sold to intermediate demand. The processed goods for intermediate demand index tracks price change for fabricated goods sold as business inputs. Examples include car parts sold to car manufacturers and gasoline sold to trucking companies. The index for trade services for intermediate demand measures price change for the services of retailing and wholesaling goods purchased by businesses as inputs to production. The intermediate demand transportation and warehousing services index measures price change for business travel, as well as, transportation and warehousing of cargo sold to intermediate demand. The intermediate demand services less trade, transportation, and warehousing index measures price change for services other than trade, transportation, and warehousing sold as inputs to production. Legal and accounting services purchased by businesses are examples of intermediate demand services excluding trade, transportation, and warehousing. Finally, the construction for intermediate demand index measures price change for construction purchased by firms as inputs to production. The index for construction for intermediate demand tracks price change for maintenance and repair construction purchased by firms. The production flow treatment of intermediate demand is a stage-based system of price indexes. These indexes can be used to study price transmission across stages of production and final demand. This system is constructed in a manner that maximizes forward flow of production between stages, while minimizing back-flow of production. The production flow treatment contains four main indexes: intermediate demand stage 1, intermediate demand stage 2, intermediate demand stage 3, and intermediate demand stage 4. Indexes for the four stages were developed by first assigning each industry in the economy to one of four stages of production, where industries assigned to the fourth stage primarily produce output consumed as final demand, industries in the third stage primarily produce output consumed by stage 4 industries, industries assigned to the second stage primarily produce output consumed by stage 3 industries, and industries assigned to the first stage produce output primarily consumed by stage 2 industries. The four indexes then track prices for the net inputs consumed by industries in each of the four stages of production. The stage 4 7 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 8 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 Security guards and patrol services …... 561612 July 2005 5551 January 2002 Offices of dentists ……………………….. 621210 January 2011 Recreational vehicle dealers ………….. 5561 January 2002 Blood and organ banks ………………… 621991 January 2007 Miscellaneous retail ……………………. 59 January 2001 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 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 .. 23821X July 2008 23822X 423 July 2008 July 2005 Merchant wholesalers, nondurable goods …………………………………….. Electronics and appliance stores ……... 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 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 9 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. reference base is not used for commodity indexes with a base later than December 1981 or for industry net output indexes and their products. The FD-ID indexes typically have a reference base of November 2009 = 100. For further information on the underlying concepts and methodology of the Producer Price Index, see chapter 14, “Producer Prices,” in the BLS Handbook of Methods. This chapter can be downloaded from the BLS Web site at www.bls.gov/opub/hom/homch14.htm. Calculating Index Changes Each PPI measures price changes from a reference period that equals 100.0. An increase of 5.5 percent from the reference period in the Final Demand Goods Price Index, for example, is shown as 105.5. This change also can be expressed in dollars, as follows: prices received by domestic producers of a sample of final demand goods have risen from $100 in November 2009 to $105.50. Likewise, a current index of 90.0 would indicate that prices received by producers of final demand goods are 10 percent lower than they were in November 2009. Movements of price indexes from one month to another are usually expressed as percent changes, rather than as changes in index points. Index point changes are affected by the level of the index in relation to its base period, whereas percent changes are not. The following example shows the computation of index point and percent changes. Index point change Final Demand Goods Price Index 107.5 Less previous index 104.0 Equals index point change 3.5 Index percent change Index point change 3.5 Divided by the previous index 104.0 Equals 0.034 Result multiplied by 100 0.034 x 100 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. 10 Commodity code wps141101 wpu141101 Retrieving PPI data from the PPI Web site PPI data can be obtained online (www.bls.gov/ppi). On this page, under the tab labeled “Featured PPI databases” links provide the following methods of data retrieval: • • wpufd4 Top Picks is a form-based application for both Industry Data and Commodity Data that allows the user to quickly obtain PPI time series data by selecting the high-level aggregate and other commonly requested time series, including the All Commodities Index and the FD-ID indexes (for example, Final Demand). Within each list, any one—or all—of the time series shown can be selected. A user can modify the date range and output options after executing the query, using the reformat button above the data output table. wpsid63 One-Screen Data Search and Multi-Screen Data Search are form-based query applications for both Industry Data and Commodity Data designed for users unfamiliar with the PPI coding structure. These applications guide a user through the PPI classification by listing index titles and do not require knowledge of commodity or industry codes. Data retrieved are based on a query formulated by selecting data characteristics from lists provided. Two options are available to create customized tables, depending on a user’s browser capability. The one-screen option is a JavaScript application that uses a single screen to guide a user through the available time series data. The second option is a multiple-screen, non-Java-based application. Both methods allow a user to browse the PPI coding structure and select multiple series. Users can modify the date range and output options after executing the query using the reformat button above the data output table. wdu0635 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 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 11 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 • Directory: Industry Data Industry Data - Discontinued (NAICS basis) (SIC basis) Commodity Data (incl. FD-ID) Commodity Data – Discontinued Special requests /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: 12 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted [July 2023] Commodity code Grouping Group code Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp Final Demand Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, processed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer energy goods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less foods and energy3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . Nondurable consumer goods less foods and energy. . . . . . . . . . . . . . . . . Durable consumer goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment for manufacturing industries. . . . . . . . . . . . . . . Private capital equipment for nonmanufacturing industries. . . . . . . . . . . Government purchased goods, excluding foods and energy. . . . . . . . . . . . . . Government purchased goods excluding foods, energy, and capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export, excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand trade services4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of finished goods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of personal consumption goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods, excluding capital equipment. . . Trade of government purchased capital equipment. . . . . . . . . . . . . . . . . . . . Trade of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of private passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of government passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods for final demand. . . . . . . . . . . . . . . Transportation and warehousing of finished goods3. . . . . . . . . . . . . . . . . . . . Transportation and warehousing of personal consumption goods. . . . . Transportation and warehousing of private capital equipment. . . . . . . . Transportation and warehousing of government purchased goods. . . . . . Transportation and warehousing of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade, transportation, and warehousing. . . . . . . . . Finished services less trade, transportation, and warehousing3. . . . . . . . . . . Finished consumer services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gov. purchased services less trade, transportation, and warehousing, excl. capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export less trade, transportation, and warehousing. . . . . . . . . . . Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for private capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 4 41 411 4111 41113 41112 4112 4113 412 4121 4122 4123 413 4131 41311 413111 413112 41312 413121 413122 4132 100.000 30.653 5.940 4.511 0.606 3.905 0.406 1.023 5.853 4.451 0.942 0.460 18.859 10.768 5.731 3.441 2.290 5.037 1.222 3.815 1.967 0.8 -2.5 -0.2 0.7 -14.4 1.8 0.4 -4.4 -16.8 -12.8 -27.4 -33.0 1.9 4.0 3.7 4.7 2.3 4.3 5.0 4.0 0.6 -0.4 -1.1 0.2 0.7 4.0 0.4 0.3 -1.9 -6.1 -6.6 -4.9 -2.2 0.2 0.3 0.3 0.3 0.2 0.4 0.5 0.4 0.0 0.2 0.1 -0.4 -0.5 2.1 -0.8 -1.0 0.2 0.7 2.3 -4.5 -5.7 0.1 0.1 0.0 0.1 -0.1 0.1 0.1 0.1 0.0 -0.3 -1.5 -1.0 -0.9 -16.3 0.8 0.3 -1.7 -6.9 -6.7 -8.1 -7.7 0.1 0.3 0.3 0.3 0.2 0.4 0.6 0.3 -0.1 0.0 0.0 -0.2 0.2 2.1 0.0 -0.3 -1.9 0.7 1.2 -0.6 -1.1 -0.2 0.1 0.0 0.1 0.0 0.1 0.2 0.1 -0.1 0.3 0.1 0.5 0.2 -1.8 0.4 1.5 1.6 0.0 0.0 -0.7 1.0 0.0 0.3 0.2 0.3 0.2 0.3 0.2 0.3 0.1 FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 41321 41322 4133 42 423 4231 42311 42312 4232 42321 42322 4233 422 4221 42211 42212 42213 4222 42221 422211 422212 42222 42223 421 4211 1.160 0.807 6.124 66.677 19.700 17.049 13.855 3.194 0.750 0.457 0.293 1.901 5.213 1.275 0.860 0.103 0.312 3.938 2.567 2.063 0.504 0.233 1.138 41.763 36.505 -0.4 2.1 -1.2 2.5 1.2 1.0 1.6 -1.3 2.3 3.4 0.6 1.9 -6.0 3.4 3.4 3.3 3.4 -9.1 -9.8 -9.5 -11.0 -7.2 -7.8 4.2 3.8 -0.2 0.3 0.1 -0.1 -0.6 -0.7 -0.9 0.3 -0.3 0.0 -0.9 0.4 -0.7 1.3 1.3 1.3 1.3 -1.4 -1.5 -1.5 -1.6 -1.3 -1.3 0.2 0.3 -0.1 0.0 0.3 0.2 0.4 0.3 0.3 0.1 1.3 1.8 0.5 0.7 -2.4 -3.0 -3.0 -3.0 -3.1 -2.2 -2.4 -2.4 -2.6 -2.0 -1.9 0.5 0.5 -0.2 0.1 -0.2 0.2 0.9 0.9 1.0 0.4 0.5 0.4 0.8 0.5 -0.4 -0.8 -0.8 -0.8 -0.8 -0.3 -0.3 -0.3 -0.4 -0.5 -0.2 0.0 0.0 -0.3 0.1 -0.5 -0.1 -0.8 -0.7 -0.1 -3.0 -1.8 -0.4 -4.1 -2.0 0.0 1.8 1.8 1.8 1.8 -0.6 -0.6 -0.6 -0.7 -0.7 -0.6 0.3 0.3 -0.1 0.4 -0.4 0.5 0.7 0.5 0.1 2.1 2.3 2.0 2.7 2.0 0.5 1.7 1.7 1.6 1.7 0.0 0.0 0.1 -0.1 0.3 0.0 0.3 0.3 FD 42111 32.158 4.0 0.3 0.5 -0.1 0.3 0.4 FD 42112 4.347 2.9 0.3 0.1 0.4 0.2 -0.1 FD 4212 2.674 4.5 0.0 0.6 0.1 0.3 0.6 FD 42121 2.515 4.7 0.0 0.7 0.0 0.3 0.7 FD FD FD FD FD 42122 4213 43 431 432 0.159 2.584 2.670 1.856 0.814 0.5 9.3 3.8 3.7 3.8 0.0 -0.8 0.1 0.1 0.2 -0.4 0.8 -0.2 -0.1 -0.2 0.4 0.6 0.1 0.1 0.1 0.3 0.3 0.0 0.0 0.0 -0.9 0.5 -1.3 -1.4 -1.1 Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49101 49102 86.458 92.111 1.1 1.0 -0.4 -0.4 0.2 0.2 -0.3 -0.3 0.1 0.0 0.3 0.3 Special Groupings of Final Demand See footnotes at end of table. 13 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Final demand less foods, food and nonalcoholic beverages for immediate consumption, and energy5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods and energy5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods and food and nonalcoholic beverages for immediate consumption5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less foods5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods plus final demand distributive services6. . . . . . . . . . . . . . . . . . . . Final demand less foods, energy, and trade services5. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital investment services. . . . . . . . . . . . . . . . . Total private and government purchased capital investment. . . . . . . . . . . . . . . . . . . . . Total finished3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods, food and nonalcoholic beverages for immediate consumption, and energy3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and energy3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and food and nonalcoholic beverages for immediate consumption3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less energy3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less energy3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods, excluding foods3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total private capital investment (goods, services, and construction). . . . . . . . . . . . . Finished goods plus finished distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . Total exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchased capital investment (goods, services, construction).. . Government purchases, defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchases, non-defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods (finished consumer goods). . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption nondurable goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and trade services4. . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and distributive services6. . . . . . . . . . . . Personal consumption goods plus personal consumption distributive services6. . . Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 July 2022 to July 2023p Seasonally adjusted 1-month percent change2 Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp FD FD 49103 49104 87.791 88.207 2.4 2.4 0.0 0.0 0.2 0.2 0.2 0.2 -0.1 -0.1 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 93.644 94.060 94.147 80.300 76.362 24.799 24.712 46.976 23.638 54.290 68.507 5.844 8.497 14.341 78.567 0.7 0.9 2.2 0.7 1.2 1.4 -3.0 3.1 -0.5 -1.7 2.7 4.0 0.5 2.1 1.4 -0.5 -0.4 0.0 -0.3 -0.3 0.2 -1.4 0.1 -0.7 -0.9 0.1 0.4 0.2 0.2 -0.4 0.2 0.2 0.2 0.1 0.3 0.0 0.3 0.2 -0.1 0.0 0.1 0.1 0.0 0.0 0.3 -0.3 -0.3 0.1 -0.6 -0.6 -0.1 -1.6 0.0 0.7 -0.6 0.0 0.3 0.4 0.3 -0.2 -0.1 0.0 -0.1 0.2 0.2 -0.2 0.0 0.3 -0.8 -0.3 0.1 0.1 -1.2 -0.5 0.1 0.3 0.3 0.3 0.2 0.2 0.1 0.0 0.4 0.6 0.3 0.2 0.3 0.8 0.3 0.3 FD FD 49202 49203 69.193 69.605 2.7 2.7 0.0 0.0 0.2 0.2 0.2 0.2 0.0 0.0 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 73.644 74.056 74.116 19.730 15.279 15.219 56.981 8.045 19.616 39.932 37.365 14.938 39.346 13.542 7.607 5.935 7.889 3.315 3.760 2.073 2.344 5.545 63.629 14.693 10.242 10.182 7.892 48.936 49.774 47.711 54.667 40.812 38.749 30.611 1.4 1.4 2.6 -1.1 3.0 -1.5 2.4 0.4 -0.3 2.9 3.8 2.1 -0.8 -0.9 -3.8 3.2 -2.0 -8.1 3.3 2.4 -3.6 -1.4 1.2 -2.9 2.3 -4.2 -5.6 2.7 1.1 1.6 2.8 3.3 3.9 -1.4 -0.4 -0.4 0.1 -1.3 0.5 -1.9 0.0 0.2 -0.8 0.2 0.3 0.3 -1.0 -0.4 -0.3 -0.4 -0.6 -1.4 -0.1 0.1 -0.5 -0.7 -0.5 -1.9 0.5 -2.9 -3.8 -0.1 -0.4 -0.4 0.0 0.2 0.3 -1.4 0.3 0.3 0.1 0.5 -0.1 0.7 0.2 -0.1 -0.1 0.2 0.4 0.0 0.2 0.0 0.0 0.0 -0.4 -1.4 0.5 0.0 -1.1 0.0 0.3 0.6 -0.2 1.0 1.4 0.3 0.3 0.5 0.2 0.2 0.3 0.3 -0.2 -0.2 0.2 -1.6 0.0 -1.8 0.2 0.4 0.8 -0.1 0.0 0.3 -0.5 -0.3 -0.8 0.4 -0.9 -2.2 0.1 0.2 -1.0 -0.8 -0.4 -2.3 -0.2 -2.9 -3.7 0.2 -0.8 -0.8 0.2 -0.1 0.0 -0.7 0.1 0.1 0.0 0.3 0.1 0.4 0.0 -1.1 -0.7 0.3 0.3 -0.6 -0.2 -0.6 -0.7 -0.5 -0.2 -0.3 -0.1 -0.5 -0.2 -0.2 0.2 0.4 0.1 0.5 0.7 0.2 0.3 0.4 0.1 0.2 0.3 0.1 0.3 0.3 0.3 0.2 0.2 0.2 0.4 0.8 0.4 0.3 0.3 0.3 0.3 0.4 -0.1 1.0 0.4 0.1 0.9 0.0 0.8 0.2 0.3 0.1 0.2 0.1 0.1 0.3 0.3 0.3 0.3 0.4 0.4 0.1 ID6 ID6 ID6 ID6 ID6 ID6 ID6 1 11 111 1111 1112 1113 112 100.000 42.908 26.996 4.432 12.302 10.262 15.912 -7.8 -6.3 -10.8 -6.7 -12.3 -10.4 2.2 -1.0 -0.4 -0.8 0.0 -1.6 -0.1 0.2 -0.5 0.3 0.3 -1.1 -0.2 1.4 0.3 -1.5 -0.2 -0.2 -1.9 -1.5 1.9 -0.1 -0.5 -0.7 -1.0 -1.6 -1.5 -0.3 0.0 -0.6 -1.0 -1.6 0.8 -1.2 -3.1 0.0 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. 14 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Components for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials and components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Materials for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fuels and lubricants for intermediate demand. . . . . . . . . . . . . . . . . . . . . . Processed fuels and lubricants to manufacturing industries. . . . . . . . . . . . . . . . . Processed fuels and lubricants to nonmanufacturing industries. . . . . . . . . . . . . Containers for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, feeds. . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, other than feeds. . . . . . . . . . . . . . . . Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 1121 1122 12 121 122 13 131 132 14 15 151 152 1521 1522 0.793 15.119 10.348 4.574 5.774 19.830 5.016 14.814 3.107 23.807 3.173 20.634 2.363 18.271 -1.5 2.4 -0.1 -0.7 0.4 -21.8 -18.1 -23.1 -0.3 -0.4 -0.5 -0.4 -5.1 0.2 -0.3 0.2 0.4 0.1 0.6 -3.9 -0.7 -5.0 -0.8 0.0 0.1 -0.1 -1.4 0.1 0.2 0.3 0.1 0.1 0.1 -2.9 -4.9 -2.3 -0.2 -0.3 0.0 -0.3 -1.5 -0.1 -0.2 0.0 0.0 0.2 -0.2 -7.0 -4.5 -7.8 0.3 -0.4 -0.1 -0.4 -2.9 -0.1 -0.6 0.0 -0.1 0.1 -0.2 -0.5 0.1 -0.8 -0.5 -0.3 -0.2 -0.3 -0.8 -0.2 -0.5 0.0 0.1 0.3 0.0 -0.9 -1.2 -0.8 -0.5 0.2 -0.3 0.3 3.1 0.0 ID6 ID6 ID6 ID6 ID6 2 21 22 221 2211 100.000 36.058 63.942 45.514 43.610 -24.9 -13.3 -30.6 -17.3 -18.4 -4.7 -0.7 -7.2 -4.1 -4.3 1.1 -1.5 2.8 6.5 6.8 -5.3 -4.6 -5.8 -6.3 -6.6 -1.2 1.0 -2.6 -3.1 -3.3 1.7 -0.9 3.4 2.7 2.9 ID6 ID6 ID6 ID6 2212 222 2221 2222 1.904 18.428 0.982 17.446 8.4 -63.4 -28.9 -65.4 0.1 -20.0 -7.9 -21.0 0.1 -15.3 -1.9 -16.6 0.0 -2.3 -2.8 -2.3 0.7 0.3 3.1 0.0 0.1 7.3 2.5 7.9 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 3 33 331 332 32 321 3211 3212 322 3221 100.000 18.127 8.929 9.198 14.516 1.069 0.127 0.942 13.447 2.941 4.6 1.1 1.6 0.6 -3.1 3.3 3.4 3.3 -3.6 -6.7 -0.3 0.9 1.8 0.0 -1.0 1.3 1.3 1.3 -1.1 -1.2 0.7 0.8 0.6 1.0 -1.1 -3.0 -3.1 -3.0 -0.9 -1.7 0.2 -0.1 -0.4 0.2 -0.4 -0.8 -0.8 -0.8 -0.4 -0.1 0.0 -0.6 -1.2 -0.1 -0.1 1.8 1.8 1.8 -0.2 -0.7 0.5 1.3 1.1 1.5 0.4 1.6 1.7 1.6 0.3 -0.2 Unprocessed goods Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials except fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials except fuel to manufacturing industries. . . Unprocessed nonfood materials except fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . Services Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for intermediate demand4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services for intermediate demand. . . . . . . . . . . . Transportation of passengers for intermediate demand. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for manufacturing industries. . . . . . . . . . . . . . . . Transportation of passengers for nonmanufacturing industries. . . . . . . . . . . . Transportation and warehousing of goods for intermediate demand. . . . . . . . . Transportation and warehousing of goods for manufacturing industries. . . . Transportation and warehousing of goods for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 3222 10.506 -2.7 -1.1 -0.7 -0.5 -0.1 0.5 ID6 31 67.357 7.5 -0.5 1.0 0.4 0.1 0.3 ID6 311 2.068 4.0 0.2 0.5 0.1 -0.1 0.3 ID6 312 65.288 7.7 -0.5 1.0 0.5 0.1 0.3 100.000 4.4 0.4 0.1 1.4 0.1 0.3 9111 9112 9113 9118 9115 9116 9117 9211 9212 9213 9216 90.968 9.032 19.830 80.170 71.138 31.574 – 58.389 43.623 56.377 20.319 -8.0 -5.1 -21.8 -3.7 -3.5 -0.9 -5.8 -31.0 -38.8 -12.2 -10.5 -1.1 -0.2 -3.9 -0.2 -0.2 0.0 -0.7 -7.2 -11.1 -0.7 -0.9 -0.5 -1.1 -2.9 0.1 0.2 0.1 -0.3 2.9 3.7 -0.3 1.8 -1.5 -1.8 -7.0 -0.2 0.0 -0.2 -1.1 -5.8 -8.0 -3.8 -2.6 -0.4 -1.1 -0.5 -0.5 -0.4 -0.5 -0.5 -3.1 -3.0 -0.2 -2.0 -0.7 1.4 -0.9 -0.5 -0.7 0.9 -0.1 4.9 8.0 -1.8 -3.1 4 41 411 100.000 30.237 22.423 2.0 -0.6 -1.5 -0.3 0.3 -0.3 0.3 -0.1 -0.1 -0.1 0.0 -0.2 -0.1 -0.4 -0.1 0.3 -0.2 -0.5 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. 15 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 4111 4112 4113 412 4123 4122 41221 41222 4121 42 421 4211 4212 4213 422 4223 4222 42221 42222 4221 423 43 431 4312 4313 432 4323 4322 43221 43222 4321 3.300 0.220 18.903 7.814 5.817 0.515 0.077 0.438 1.482 54.970 13.984 2.360 4.133 7.491 40.934 4.078 3.742 0.490 3.252 33.114 0.052 14.792 10.801 0.855 9.946 3.991 1.692 0.725 0.015 0.710 1.574 -7.0 -17.4 -0.4 2.0 2.1 -4.8 3.4 -6.2 4.3 4.8 -1.3 -4.8 -5.1 1.8 7.2 2.8 1.1 3.4 0.8 8.6 4.4 -2.3 -2.4 -28.8 0.8 -2.1 -2.9 -10.2 3.4 -10.5 3.7 -2.1 6.3 0.0 2.0 2.8 -0.6 1.3 -1.0 -0.1 -0.6 -0.8 0.1 -2.8 0.1 -0.5 0.5 -0.4 1.3 -0.7 -0.6 0.4 -0.2 -0.4 -7.7 0.3 0.4 1.4 -1.4 1.3 -1.4 0.1 -0.3 -14.4 0.2 -0.1 -0.2 -1.5 -3.1 -1.2 0.7 0.5 -0.7 -1.4 -1.4 -0.1 0.9 0.7 -0.8 -3.0 -0.4 1.1 0.1 0.3 0.3 2.9 0.1 0.1 0.6 -2.4 -3.1 -2.4 0.7 -2.1 -10.4 0.3 0.5 0.7 -0.6 -0.8 -0.6 0.1 0.1 -0.7 -0.5 -2.0 -0.1 0.3 0.6 -1.1 -0.8 -1.1 0.5 1.4 -1.0 -1.0 -12.0 0.1 -1.1 -2.5 -0.6 -0.8 -0.6 0.2 -0.4 4.1 -0.1 -1.2 -1.6 -0.2 1.8 -0.5 0.2 0.1 0.1 -0.3 0.4 0.0 0.1 -0.7 0.0 1.8 -0.3 0.2 0.1 0.1 0.1 1.4 0.0 0.0 0.2 -0.6 1.8 -0.7 0.1 -1.3 0.7 -0.4 0.7 0.9 0.3 1.7 0.1 0.4 0.6 0.0 1.3 -0.8 0.0 0.8 1.3 1.4 1.7 1.3 0.7 0.3 0.1 -0.1 -2.1 0.1 0.8 1.5 -0.1 1.7 -0.1 0.3 Stage 3 Intermediate Demand Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 3 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 3 31 311 3111 3112 3113 312 3123 3122 31221 31222 3121 32 321 3211 3212 3213 322 3223 3222 32221 32222 3221 323 33 331 3313 332 3323 3322 33222 3321 100.000 45.352 35.807 11.906 1.292 22.609 9.545 5.175 3.002 0.144 2.858 1.368 53.518 10.628 0.090 6.619 3.919 42.317 2.614 10.018 0.021 9.997 29.685 0.573 1.131 0.566 0.566 0.565 0.521 0.015 0.015 0.029 -6.9 -10.8 -12.9 -17.6 -32.9 -8.9 -2.2 -0.3 -8.0 3.4 -8.6 4.4 -3.2 -23.6 -0.4 -34.5 -0.3 3.6 3.2 -2.0 0.2 -2.0 5.5 4.4 -4.4 -3.2 -3.2 -4.8 -5.2 -1.7 -1.7 4.9 -0.7 -0.1 -0.3 -0.2 2.5 -0.6 0.6 1.7 -1.3 1.3 -1.5 0.1 -1.2 -3.5 -1.0 -5.4 -0.3 -0.6 -0.9 -1.2 0.2 -1.2 -0.5 0.4 -0.1 -0.4 -0.4 0.2 0.3 -1.4 -1.4 -0.1 -0.2 -0.5 -0.6 -2.2 -7.0 0.6 0.1 1.0 -2.1 -3.1 -2.0 0.7 0.0 -3.2 -2.6 -5.1 -0.1 0.8 2.3 -0.4 -0.3 -0.4 1.1 0.1 -0.6 -0.2 -0.2 -1.0 -1.1 -0.1 -0.1 0.4 -1.4 -1.8 -1.9 -5.6 -7.1 0.2 -1.3 -2.2 -0.2 -0.8 -0.2 0.3 -1.1 -6.7 0.4 -10.7 -0.3 0.2 -0.8 -0.4 0.0 -0.4 0.5 1.4 -0.4 -0.1 -0.1 -0.6 -0.7 0.4 0.4 0.3 -0.2 -0.1 0.0 1.4 0.5 -0.6 -0.7 -0.9 -0.5 1.8 -0.7 0.1 -0.2 -0.8 -1.4 -1.2 -0.2 -0.1 0.4 0.2 -0.1 0.2 -0.2 0.1 0.9 0.1 0.1 1.8 1.9 -0.8 -0.8 -0.2 -0.6 -1.4 -2.0 -2.2 -2.0 -1.9 0.4 0.7 0.0 1.7 -0.1 0.3 0.0 -1.2 0.0 -2.0 -0.1 0.3 2.1 0.4 0.2 0.4 0.1 0.3 1.2 0.1 0.1 2.3 2.5 0.2 0.2 0.5 Stage 2 Intermediate Demand 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 [July 2023] Commodity code Grouping Group code Item code Relative Importance Dec. 20221 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 2 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 2 21 211 2111 2112 2113 212 2123 2122 21221 21222 2121 213 22 221 2211 2212 2213 222 2223 2222 22221 22222 2221 223 100.000 54.274 40.812 4.355 21.042 15.415 13.197 5.150 4.488 0.168 4.320 3.559 0.265 45.725 5.072 0.055 0.357 4.660 39.767 2.238 2.862 0.390 2.472 34.667 0.886 -8.5 -18.9 -24.9 -5.9 -39.2 -7.8 3.6 2.7 -0.5 3.3 -0.6 10.6 4.4 5.6 -3.3 -15.1 -28.8 -0.9 7.0 0.4 -12.1 3.4 -14.4 9.2 4.4 -2.5 -4.1 -5.5 -3.0 -11.0 0.0 -0.3 0.1 -0.6 1.3 -0.6 -0.7 0.4 -0.8 -0.6 -2.8 -6.8 0.0 -0.9 -3.4 -2.3 1.3 -2.9 -0.6 0.4 0.9 1.3 1.5 -0.4 3.2 0.2 0.8 2.1 -0.8 -2.9 -0.7 1.0 0.1 0.6 -0.3 -0.8 -2.8 -0.1 0.7 0.6 -1.8 -3.0 -1.5 0.9 0.1 -1.3 -3.0 -4.5 -2.5 -8.5 -0.8 0.7 1.2 0.2 -0.7 0.3 0.6 1.4 0.4 -1.0 -2.9 -11.9 -0.2 0.6 3.6 -0.7 -0.8 -0.7 0.5 1.4 -1.1 -2.1 -2.6 -3.2 -3.3 -1.8 -0.9 -1.4 -0.7 1.7 -0.8 -0.2 0.1 -0.1 -0.3 -1.9 -1.2 -0.2 0.0 -0.9 1.3 1.8 1.2 -0.1 0.1 1.4 2.8 3.8 4.5 8.7 -1.1 0.4 1.2 -0.3 1.6 -0.4 0.0 0.3 -0.1 -0.1 -0.3 -0.2 -0.1 -0.1 -0.9 -0.7 1.7 -1.1 0.0 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 33.533 24.780 3.351 3.963 17.466 8.752 5.298 0.599 0.103 0.496 2.855 0.001 53.646 16.434 0.115 5.528 10.791 37.209 3.617 4.373 1.342 3.031 29.219 0.003 12.821 9.208 0.934 8.274 3.613 2.667 0.854 0.854 0.092 -3.1 -8.1 -11.3 -12.9 -19.3 -9.3 1.1 -0.3 -0.4 3.4 -1.3 4.7 4.4 0.8 -8.3 -32.5 -24.9 2.7 5.7 2.5 0.7 3.4 -0.6 6.9 4.4 -5.0 -4.4 -41.5 1.2 -6.1 -4.1 -11.9 -11.9 7.2 -0.4 -0.7 -1.2 -4.4 -0.8 -0.7 0.6 1.2 -2.3 1.3 -3.0 0.0 0.4 -0.3 -1.2 6.2 -3.6 0.0 0.0 0.4 -0.2 1.3 -0.9 0.0 0.4 0.0 -0.1 -3.8 0.3 0.3 0.9 -1.7 -1.7 0.5 -0.1 -0.4 -0.8 -0.8 -7.3 0.6 0.7 1.0 -0.6 -3.1 0.0 0.5 0.1 0.2 -0.7 3.0 -2.6 0.3 0.5 0.8 -1.5 -3.1 -0.8 0.8 0.1 -0.6 -0.4 -5.6 0.1 -1.0 -0.5 -2.8 -2.8 1.0 -0.9 -1.4 -1.5 -3.1 -7.5 0.0 -1.1 -1.9 2.0 -0.8 2.6 -0.3 1.4 -0.6 -2.5 -26.6 -7.0 0.0 0.2 0.2 -0.4 -0.8 -0.2 0.3 1.4 -1.1 -1.2 -13.0 0.0 -1.0 -1.2 -0.3 -0.3 -0.1 -0.2 -0.7 -0.8 -0.4 0.0 -1.1 -0.4 -0.8 -0.9 1.8 -1.5 0.3 0.1 0.1 -0.6 -12.8 -1.5 -0.1 0.4 -0.1 0.4 1.8 -0.3 0.4 0.1 0.0 -0.3 -3.4 0.0 0.9 1.4 -0.7 -0.7 0.0 0.0 -0.6 -1.3 -2.6 0.8 -1.4 1.1 1.2 0.7 1.7 0.5 1.0 0.3 0.3 -0.8 -0.1 -2.5 0.0 0.7 1.3 1.4 1.7 1.3 0.5 0.3 0.2 -0.4 -5.4 0.0 1.7 2.2 -0.1 -0.1 0.6 ID5 ID5 ID5 ID5 9411 9412 9413 9414 47.208 52.739 0.052 5.660 -1.6 5.5 4.4 -6.0 -0.5 -0.1 0.4 -1.2 -0.2 0.7 0.1 -0.7 -0.5 0.2 1.4 -1.4 0.0 -0.1 0.1 -0.4 -0.3 0.8 0.3 -0.2 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. 17 Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total Total energy goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 4 intermediate demand. . . . . . goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 3 intermediate demand. . . . . . goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 2 intermediate demand. . . . . . goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . services inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 1 intermediate demand. . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 Item code 9415 9416 9311 9312 9313 9314 9315 9316 9211 9212 9213 9214 9215 9216 9111 9112 9117 9114 9115 9116 1 Relative Importance Dec. 20221 5.208 36.340 47.001 52.427 0.573 11.996 7.911 27.094 45.884 52.964 1.151 4.410 21.399 20.075 50.422 49.574 0.004 3.466 10.425 36.531 Unadjusted 12-month percent change2 Seasonally adjusted 1-month percent change2 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp -10.5 0.4 -15.4 2.2 4.4 -17.5 -34.3 -7.7 -22.7 6.2 4.4 -6.0 -39.0 -6.3 -9.1 3.7 4.4 -13.5 -24.9 -3.5 -3.4 0.1 -1.1 -0.4 0.4 -0.2 -4.1 -0.5 -4.9 -0.7 0.4 -2.9 -10.9 0.0 -1.0 0.2 0.4 -4.1 -2.6 -0.2 -1.2 0.1 -1.2 0.6 0.1 -2.2 -5.4 0.5 1.2 0.7 0.1 -0.4 3.0 0.2 -0.7 0.5 0.1 -0.7 -4.6 0.4 -4.1 0.1 -2.9 -0.1 1.4 -5.5 -10.1 0.1 -4.0 0.6 1.4 -2.5 -8.6 -0.6 -1.8 -0.1 1.4 -3.9 -7.7 0.0 0.7 -0.1 -0.1 -0.2 0.1 1.4 -0.9 -0.5 -2.4 -0.2 0.1 -3.2 -3.3 -1.5 -0.7 0.2 0.1 -0.7 -1.1 -0.5 -0.9 -0.2 -1.8 0.3 0.3 -2.2 -2.0 -1.6 3.3 0.0 0.3 4.4 8.5 -0.9 -0.9 0.8 0.3 -2.5 -1.5 -0.7 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 18 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted [July 2023] Commodity code Grouping Group code Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 0.8 -2.5 -0.2 -7.8 11.9 -19.1 -56.7 -3.7 6.9 11.4 1.6 19.2 -3.6 -20.8 -32.3 0.5 -12.7 12.5 4.7 12.6 7.9 -13.4 7.0 -16.8 -48.6 6.3 -10.0 -24.5 -32.8 -45.2 1.9 3.9 8.7 -1.2 4.5 2.0 7.0 -17.4 2.4 11.9 4.3 6.0 6.2 0.3 7.2 -12.5 4.5 9.3 4.4 5.5 5.9 8.0 5.6 -1.1 -0.1 8.2 1.8 3.0 2.3 0.5 2.8 6.9 10.3 6.5 -0.4 -1.1 0.2 -3.2 -7.5 -7.4 33.2 -4.2 0.5 0.4 0.0 1.4 3.2 2.2 -10.7 0.6 -1.7 0.7 0.2 0.0 -0.4 -1.6 1.0 -6.1 -11.4 -1.1 -7.4 -11.6 -4.1 -6.3 0.2 0.0 5.7 0.0 0.1 0.2 -0.6 -2.8 0.0 0.1 0.2 0.6 0.0 -0.3 0.1 3.1 0.3 0.3 0.1 0.1 2.0 0.4 0.0 -0.1 0.0 0.4 0.2 0.6 0.3 0.0 0.0 0.3 0.0 0.0 0.2 0.1 -0.4 2.4 35.1 2.7 -35.8 0.5 0.1 -0.3 -8.4 -3.1 -6.5 -1.3 -6.8 -1.4 -0.2 0.2 0.3 -0.9 0.3 -1.4 0.2 0.7 -3.1 -0.1 -4.7 8.1 -7.8 -3.6 0.1 0.1 0.0 0.0 0.0 -0.1 0.5 -0.5 0.3 0.1 0.3 0.2 0.3 0.1 0.0 5.6 0.4 0.3 0.0 0.1 0.2 -0.1 0.0 -0.8 0.0 0.1 0.3 0.3 0.4 -0.4 0.0 0.3 4.1 0.3 -0.3 -1.5 -1.0 -2.5 -15.8 -5.5 -53.4 -1.2 0.3 -0.8 0.0 7.7 -3.9 -0.6 -8.9 1.3 -1.3 1.3 0.3 3.2 0.2 -2.4 1.2 -6.9 -17.2 0.4 -1.3 -13.6 -12.3 -13.6 0.1 0.3 0.0 0.1 2.3 0.0 0.0 -2.0 0.0 0.0 0.1 0.5 -0.2 -0.1 0.4 -6.2 0.3 0.1 0.5 1.8 0.1 0.9 0.5 -0.5 0.0 0.5 0.2 0.3 0.0 -1.1 0.1 0.0 0.3 0.0 0.0 0.0 -0.2 2.1 -0.8 1.9 33.8 -6.9 0.5 -0.1 0.0 2.1 -0.7 -0.5 -7.4 -1.9 -2.1 0.9 1.5 0.7 -0.1 -1.8 0.0 0.7 -8.3 0.9 -0.7 3.2 1.3 -5.4 -0.2 0.0 0.0 0.1 0.0 0.1 0.4 -1.7 0.1 -0.1 0.1 0.4 -0.3 0.0 0.4 -10.7 -0.2 0.0 0.0 0.2 0.7 0.4 0.3 -1.6 0.0 1.8 -0.3 0.8 0.5 0.3 0.0 0.0 0.0 0.1 0.3 0.1 0.5 -10.2 3.5 -8.7 0.3 9.0 0.5 -0.2 -2.0 4.8 6.8 0.4 -3.0 0.9 -1.5 0.1 1.0 -2.4 0.0 3.2 0.0 0.0 24.6 -0.5 1.8 -1.1 13.3 -7.1 0.0 0.2 0.0 0.1 -0.5 0.3 0.1 -1.8 0.2 0.1 0.0 0.0 0.0 0.1 0.0 2.0 0.5 1.6 0.5 0.3 0.1 0.5 0.1 -0.2 0.0 0.0 0.1 2.5 0.1 0.6 1.2 0.0 0.4 0.6 Final Demand Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fresh fruits and melons2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fresh and dry vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Eggs for fresh use2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bakery products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Milled rice2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pasta products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beef and veal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed young chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed turkeys2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finfish and shellfish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dairy products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fruits and vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Confectionery end products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Soft drinks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Roasted coffee2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Shortening and cooking oils2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Frozen specialty food2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liquefied petroleum gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Home heating oil and distillates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Alcoholic beverages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pet food2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Women’s, girls’, and infants’ apparel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Men’s and boys’ apparel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Textile housefurnishings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Footwear. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Soaps and detergents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cleaning and polishing products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cosmetics and other toiletries2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tires2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Consumer, institutional, and commercial products, n.e.c.2. . . . . . . . . . . . . . . . Sanitary paper products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Agricultural machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal cutting machine tools2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal forming machine tools. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tools, dies, jigs, fixtures, and industrial molds2. . . . . . . . . . . . . . . . . . . . . . . . . . Pumps, compressors, and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial material handling equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic computers and computer equipment2. . . . . . . . . . . . . . . . . . . . . . . . . Textile machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper industries machinery2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing trades machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transformers and power regulators2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Communication and related equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X-ray and electromedical equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oil field and gas field machinery2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mining machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD FD FD 01 01 01 01 01 02 02 02 02 02 02 02 02 02 02 02 02 02 02 02 FD 05 05 05 05 05 05 FD 02 02 03 03 03 04 06 06 06 06 06 07 07 09 10 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 4 41 411 11 13 2 7107 8301 11 13 1402 2101 2104 2203 2206 23 3 4 55 62 6301 78 85 412 32 41 51 71 7302 7303 413 61 9402 8106 8107 82 3 1 38 71 72 75 1201 2B 1501 12 1 2 37 38 39 41 44 5 62 64 65 74 76 78 7905 91 92 94 See footnotes at end of table. 19 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Household furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Floor coverings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Household appliances2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Home electronic equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lawn and garden equipment excl. garden tractors2. . . . . . . . . . . . . . . . . . . . . . Passenger cars. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Light motor trucks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Heavy motor trucks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicles parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck trailers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Travel trailers and campers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ships2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Railroad equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Toys, games, and children’s vehicles2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sporting and athletic goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cigarettes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mobile homes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medical, surgical & personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jewelry, platinum and karat gold2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Costume jewelry and novelties2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . Machinery and vehicle wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Professional and commercial equipment wholesaling2. . . . . . . . . . . . . . . . . . . . Furnishings wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Apparel wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and alcohol wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and alcohol retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Health, beauty, and optical goods retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Apparel, jewelry, footwear, and accessories retailing. . . . . . . . . . . . . . . . . . . . . Computer hardware, software, and supplies retailing2. . . . . . . . . . . . . . . . . . . . TV, video, and photographic equipment and supplies retailing. . . . . . . . . . . . Automobiles retailing (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Automotive parts, including tires, retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . RVs, trailers, and campers retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sporting goods, including boats, retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lawn, garden, and farm equipment and supplies retailing2. . . . . . . . . . . . . . . Furniture retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Flooring and floor coverings retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware, building materials, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . Major household appliances retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fuels and lubricants retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cleaning supplies and paper products retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . Book retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . Rail transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade, transportation, and warehousing. . . . . . . . . Sales of books. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sales and subscriptions of periodicals and newspapers. . . . . . . . . . . . . . . . . . Application software publishing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals, newspapers, directories, and mailing lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cable and satellite subscriber services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internet access services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code 12 12 12 12 12 12 14 14 14 14 14 14 14 14 14 15 15 15 15 15 15 15 FD FD 57 57 57 57 57 57 57 57 58 58 58 58 58 58 58 58 58 58 58 58 58 58 58 58 58 FD 30 30 30 30 30 30 FD 33 33 34 1 2 3 4 5 66 1101 1105 1106 12 14 16 21 31 4 11 12 21 5 6 9402 9404 42 423 1102 1103 1104 2 5 6 7 8 1 2 3 4 5 6101 6102 8 9 A B C D E F G H 422 11 12 14 16 21 22 421 11 12 2 36 37 37 37 37 1 11 2 3 4 See footnotes at end of table. 20 Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 1.9 5.5 2.0 1.7 2.8 3.7 -1.7 3.5 1.6 1.9 -2.0 2.5 4.3 2.0 2.1 2.3 6.1 12.2 -4.8 3.0 4.9 9.9 2.5 1.2 3.4 0.5 3.0 -2.0 5.0 2.6 7.7 3.1 8.0 2.8 3.5 -26.4 -5.4 -24.6 1.4 -19.5 4.5 17.8 3.7 -2.6 -7.7 -3.4 -9.9 6.5 -0.1 -6.0 -1.7 -12.4 -8.4 4.6 0.0 3.4 4.2 6.8 1.5 -3.1 0.2 0.5 -0.2 -0.4 0.0 -0.1 -0.4 0.5 0.0 0.2 0.0 0.1 0.6 0.6 0.8 0.3 -0.4 0.0 -0.2 0.3 0.9 0.0 -0.1 -0.6 4.9 -2.3 5.1 1.1 -3.2 0.5 -5.6 0.5 1.1 -1.0 0.8 2.2 6.8 -0.8 -1.9 9.1 -0.4 12.4 -2.2 0.9 0.4 -8.4 -12.8 -0.1 0.6 -0.7 -0.2 -1.6 -2.7 -0.4 0.1 1.3 0.2 0.2 -0.5 0.5 -0.3 -0.1 0.4 0.2 0.0 0.3 -0.8 -0.4 0.1 0.2 0.5 0.0 0.5 0.1 0.0 0.0 -0.3 0.0 0.0 -0.2 1.5 1.1 0.2 0.4 -2.7 1.2 -2.7 -0.3 1.6 0.3 7.1 2.7 -1.0 -0.6 -4.1 -2.3 1.3 -2.4 -3.8 -2.2 2.9 1.5 2.0 -0.1 -2.6 3.3 -1.0 6.0 0.1 -2.4 -0.2 -3.0 0.2 0.0 -0.1 -3.1 0.5 1.1 0.0 -0.4 -0.1 0.5 -0.2 1.1 0.0 -0.3 -0.3 0.1 0.1 0.2 -0.2 0.0 0.5 0.8 0.0 0.0 0.4 1.9 0.5 0.1 1.0 0.9 0.2 0.9 2.8 0.8 1.2 -6.9 0.4 0.3 -5.5 2.2 1.5 1.6 4.5 -0.6 -8.7 -1.2 0.8 9.3 0.4 -1.3 0.9 -0.5 0.2 -4.0 12.1 -1.9 0.3 -0.4 -0.9 -0.5 -0.5 0.1 0.1 -0.8 0.0 0.3 0.3 1.1 0.4 -0.3 -0.4 0.1 0.0 0.0 -0.7 -0.2 0.3 -0.1 0.0 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.2 0.8 -1.7 0.0 -0.1 -0.8 -2.1 -5.0 -0.6 1.1 0.1 -0.4 3.2 -2.3 2.3 -0.6 -1.8 -1.7 12.6 -1.8 1.6 -4.0 -1.6 0.1 1.0 0.9 4.6 -1.4 -2.3 3.1 0.5 0.0 -0.4 -0.7 -1.3 -0.1 -0.2 1.8 0.3 0.5 -0.3 -0.1 0.3 0.7 0.0 -0.4 0.0 0.0 0.2 0.4 0.0 0.2 -0.8 0.5 0.1 0.7 0.4 0.0 0.0 1.1 0.0 -0.1 -0.5 2.6 0.5 0.7 0.9 3.7 -1.4 0.0 2.4 -0.9 -1.2 0.6 -2.5 -0.4 -1.2 -0.3 -3.9 0.5 -0.2 0.2 3.1 2.5 -1.1 0.4 5.6 -0.2 -8.4 -3.6 0.0 0.5 -0.1 -0.2 2.2 1.6 0.1 1.7 0.3 0.5 0.2 -2.2 4.2 7.0 1.9 10.6 1.0 0.9 0.4 0.1 1.5 1.1 0.0 1.3 0.1 0.7 -0.1 0.0 1.4 0.6 0.2 -0.8 0.0 0.2 0.2 1.1 0.7 0.0 -0.1 0.1 -0.1 -0.3 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . Consumer loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other credit intermediation, incl. trust services (partial)2. . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Life insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Disability insurance, including accidental death2. . . . . . . . . . . . . . . . . . . . . . . . . Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Property and casualty insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential property sales and leases, brokerage fees and commissions.. . Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tax preparation and planning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . Arrangement of flights (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of vehicle rentals and lodging2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of cruises and tours2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Physician care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medical laboratory and diagnostic imaging care2. . . . . . . . . . . . . . . . . . . . . . . . . Home health and hospice care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hospital outpatient care2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dental care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hospital inpatient care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nursing home care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and beverages for immediate consumption services (partial)2. . . . . . . Motor vehicle repair and maintenance (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . Membership dues and admissions and recreation facility use fees (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Recreational activity instruction fees (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Gaming receipts (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mining services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New warehouse building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New school building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New office building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New industrial building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . New health care building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 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 5.5 -0.7 22.4 -3.6 37.2 10.1 -0.6 0.0 3.0 6.6 0.2 3.2 -5.8 6.4 7.1 3.3 3.4 2.8 5.3 7.8 0.7 0.4 4.8 1.5 3.1 3.4 5.6 1.7 1.8 5.2 1.3 -4.7 3.0 0.0 -0.3 -3.9 0.0 0.0 0.2 0.3 0.3 0.5 -1.0 0.4 0.3 0.0 -2.2 0.7 0.7 -1.9 0.1 0.0 0.4 0.2 0.1 0.6 0.5 6.2 0.1 1.0 0.0 3.0 0.6 0.2 -0.4 4.0 0.0 0.0 0.2 0.4 0.2 0.9 2.6 0.2 0.3 0.7 2.5 0.2 1.8 1.9 0.1 0.0 1.0 0.7 0.0 0.3 0.2 1.1 0.4 0.4 -1.5 -0.4 0.1 1.3 3.2 -3.0 0.0 0.0 0.0 0.4 0.0 0.9 -3.1 -0.2 0.6 0.2 0.2 0.1 -1.2 1.9 0.1 0.1 0.1 0.2 0.0 0.3 0.2 -2.9 0.0 0.4 0.0 -2.7 5.6 0.0 0.1 -0.4 0.0 0.0 0.2 2.0 -0.1 0.4 -2.7 0.3 -0.9 0.2 1.1 -0.9 -1.0 5.0 0.1 0.0 0.3 -0.2 0.0 0.4 -0.1 2.2 0.0 0.4 -0.5 -0.7 -0.5 0.0 1.8 7.6 -0.3 0.0 0.0 0.1 0.5 0.5 0.4 0.6 1.6 0.3 -0.1 1.3 -1.5 1.5 0.0 0.0 0.2 0.7 0.1 -0.3 0.6 -0.6 0.3 -0.1 56 56 56 60 FD 80 80 80 80 80 1 2 3 1 43 1101 1102 1103 1104 1105 6.1 0.2 -1.3 4.7 3.8 1.5 3.8 5.3 2.6 4.5 0.2 0.0 0.4 1.1 0.1 -0.2 0.2 0.2 0.1 0.1 0.2 0.0 -1.7 -0.7 -0.2 -0.3 -0.4 0.2 -0.5 -0.3 -1.7 0.1 0.2 -0.5 0.1 0.4 0.0 0.1 0.0 0.0 0.0 0.0 0.0 -0.3 0.0 0.2 0.0 -0.1 0.1 -0.1 0.5 0.0 -1.0 0.0 -1.3 -0.7 -1.1 -2.3 -1.6 -0.8 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 -7.8 -5.1 9.1 -27.5 -12.7 12.5 12.5 -24.7 -2.4 -8.0 2.7 -14.5 -0.6 -48.6 5.7 6.1 -19.4 -18.6 -18.4 -24.5 -38.3 -45.2 -36.8 -1.0 -0.2 1.9 1.0 -1.7 0.7 0.4 -4.1 0.0 -1.1 -0.3 -0.2 0.0 -11.4 -2.7 -0.8 -10.4 -7.8 -6.3 -11.6 -6.1 -6.3 13.2 -0.5 -1.1 -3.2 -1.8 -0.2 0.2 0.1 -5.4 -1.4 -0.5 0.0 -1.0 -0.1 -3.1 0.0 -1.6 -5.9 -6.9 -5.7 8.1 -12.7 -3.6 -1.0 -1.5 -1.8 1.9 -2.6 -1.3 1.3 1.1 -3.5 -2.2 -1.5 -1.1 -1.0 -0.2 -17.2 0.8 2.2 -6.1 -6.0 -10.6 -13.6 -11.6 -13.6 11.2 -0.5 -1.1 0.9 -0.5 -2.1 0.9 0.8 -6.1 -0.8 -0.4 -0.8 0.3 -0.2 -8.3 0.9 1.2 -2.4 -2.5 -2.3 3.2 1.5 -5.4 -9.8 -0.6 1.4 5.0 -2.0 -1.5 0.1 0.8 1.2 2.2 -0.7 1.9 0.3 -0.4 24.6 -0.6 -1.0 3.7 10.2 4.7 -1.1 3.0 -7.1 4.5 Intermediate Demand by Commodity Type Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dairy products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed fruits and vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Refined sugar and byproducts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fats and oils2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Synthetic fibers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Processed yarns and threads2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished fabrics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liquefied petroleum gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural gas to electric utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jet fuel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residual fuels2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See footnotes at end of table. 21 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Finished lubricants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lubricating oil base stocks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic inorganic chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paint materials2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medicinal and botanical chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fats and oils, inedible2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nitrogenates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Phosphates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other agricultural chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial gases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Adhesives and sealants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Synthetic rubber2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tires2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unsupported plastic film, sheet, other shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Parts for manufacturing from plastics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic packaging products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Softwood lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardwood lumber2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plywood2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paperboard2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper boxes and containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Building paper and board2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foundry and forge shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Primary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Secondary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aluminum mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Copper and brass mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous foundry shop products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plumbing fixtures and brass fittings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Heating equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bolts, nuts, screws, rivets, and washers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lighting fixtures2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated ferrous wire products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fluid power equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mechanical power transmission equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal valves, except fluid power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ball and roller bearings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wiring devices2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motors, generators, motor generator sets2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Switchgear, switchboard, and industrial controls equip.2. . . . . . . . . . . . . . . . . . . . Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machine shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Flat glass2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asphalt felts and coatings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 05 05 06 06 06 06 06 06 06 06 06 06 06 06 06 07 07 07 07 07 07 08 08 08 08 09 09 09 09 09 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 11 11 11 11 11 11 11 11 11 11 11 13 13 13 13 13 14 14 Item code 76 78 8102 13 14 21 22 31 37 4 5201 5202 53 6 7903 7904 1102 1201 21 22 26 2A 11 12 2 3 13 14 1503 2 47 15 17 22 24 2501 2502 26 28 3 4 5 6 7 81 83 88 89 43 45 48 4902 4905 71 73 75 78 94 95 11 22 3 6 94 12 23 See footnotes at end of table. 22 Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 5.3 -38.4 -36.5 -4.7 -19.4 0.9 4.6 1.1 5.3 -12.5 -45.4 – -16.9 -14.9 -1.2 4.9 -18.3 6.2 -4.7 -7.1 -1.6 -3.9 -17.3 -17.5 -4.5 -15.1 2.2 -4.5 1.2 -8.6 5.6 -0.2 -20.9 6.4 -1.3 -7.8 3.3 -0.4 3.9 -3.2 2.9 2.0 5.9 -2.0 7.8 4.2 -9.0 3.4 11.8 7.8 3.7 6.8 1.4 12.9 7.1 8.4 0.5 6.5 5.6 6.9 12.6 9.6 4.6 -1.3 1.9 3.4 0.1 -3.0 3.3 -0.4 -3.3 -0.2 3.2 0.5 0.4 -2.5 -9.9 -5.0 1.0 0.2 1.0 0.3 -1.2 0.0 0.1 -1.5 -0.1 -0.2 -4.1 -1.3 -0.8 -1.0 -0.4 -0.9 -0.8 0.8 0.3 0.2 0.9 -5.2 0.3 0.0 0.0 -0.8 -0.1 -0.3 0.2 0.4 1.2 0.3 0.3 1.5 -0.6 -0.3 0.4 0.0 1.7 0.1 2.3 0.5 0.0 0.2 0.0 0.0 0.1 -0.2 0.7 0.7 0.1 1.2 0.2 0.1 -0.9 -2.0 9.7 -1.6 -0.3 0.2 -0.4 0.1 0.7 -3.1 -9.0 2.0 -4.9 2.3 -0.8 0.6 1.2 0.3 -0.2 0.1 -0.4 0.0 6.2 -0.8 -1.2 -0.5 0.7 -0.9 -0.5 2.1 -0.3 0.9 3.6 0.9 -0.4 -1.8 -0.9 0.0 0.8 0.2 0.0 -0.6 0.4 0.2 0.4 0.0 0.3 0.1 6.5 0.2 0.0 -0.1 -0.2 0.2 0.5 0.5 -0.4 0.3 0.2 -0.3 -1.3 0.1 1.9 -1.0 0.2 0.3 0.1 -12.7 4.6 -1.3 -2.2 0.1 2.2 0.0 -0.2 -4.1 -6.5 -4.7 -2.3 -1.6 1.2 0.1 -1.0 -0.2 -0.7 -0.3 -0.4 0.1 -2.9 0.3 -0.4 -0.8 -0.6 -0.1 0.6 6.1 0.3 -0.3 5.4 3.0 -0.6 0.4 -2.2 -1.8 -0.2 0.3 0.0 0.7 -0.4 -0.5 0.8 0.4 0.0 -0.1 -0.1 0.4 0.6 1.0 0.0 0.0 0.0 0.1 -1.1 0.0 0.5 -0.6 1.1 1.2 0.5 -1.9 0.2 0.1 1.3 0.7 -0.3 -1.2 -1.8 0.0 0.4 -0.1 0.1 0.5 -11.2 0.2 -1.3 -2.4 -1.6 -0.2 -2.8 -0.3 -0.9 -1.9 -0.2 -0.4 3.9 -1.0 -0.3 -0.7 -0.3 -0.3 -1.1 2.4 0.0 -0.3 -0.4 -0.2 -2.7 -1.0 -1.9 -1.7 -0.1 -0.2 0.2 0.1 0.3 -0.8 0.6 0.1 -0.8 0.4 0.3 0.2 -0.6 0.1 0.1 0.7 0.0 1.2 0.3 0.1 0.2 0.4 -0.1 0.2 1.6 -1.0 -0.1 0.0 -0.4 -3.0 -5.4 -3.7 -1.4 -0.2 -3.5 0.0 1.0 6.8 -1.4 – -0.1 -3.9 0.3 0.0 -5.6 0.0 -0.1 -1.4 -0.1 -0.3 8.6 -1.1 -0.1 -0.4 -0.2 -1.0 -0.3 0.0 0.0 -1.1 -7.6 2.1 -1.2 -1.4 -0.1 0.2 0.2 -1.3 0.1 0.6 0.2 0.1 0.8 0.5 -2.3 0.0 0.5 0.0 0.3 0.1 0.0 0.0 1.1 0.3 0.6 0.6 0.2 0.3 1.3 0.1 0.9 -0.7 0.2 0.4 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Aircraft parts and auxiliary equipment, n.e.c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Medical, surgical, and personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Item code 25 6 Unadjusted 12-month percent change1 July 2022 to July 2023p Seasonally adjusted 1-month percent change1 Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 5.5 3.0 1.0 0.3 0.0 -0.2 0.1 0.1 0.0 0.8 0.1 -0.1 Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wheat2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter turkeys. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hay and hayseeds2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw cane sugar and byproducts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw cotton2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hides and skins. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Coal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Crude petroleum2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Logs, bolts, timber, pulpwood, and woodchips2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Recyclable paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron ores2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous metal ores2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Copper base scrap2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aluminum base scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 ID6 01 01 01 01 01 01 01 01 01 02 ID6 01 04 05 05 05 08 09 10 10 10 10 10 13 2 21 21 2202 31 32 4102 42 6 81 8301 5201 22 51 1 1 31 61 5 12 11 12 21 2301 2302 21 -24.9 -13.3 -9.8 -22.1 29.4 -18.7 -24.4 -11.9 -33.0 -14.9 -3.7 15.9 -30.6 -26.6 -9.8 -7.0 -72.5 -24.8 -3.8 -56.5 -4.3 -12.5 1.5 13.9 -4.1 8.0 -4.7 -0.7 -9.3 -7.5 4.1 -3.3 1.8 -0.9 -3.3 -5.0 -4.2 2.3 -7.2 -5.1 4.9 -4.0 -25.5 -7.1 -1.1 -0.4 -0.5 3.1 4.0 0.2 -4.5 0.0 1.1 -1.5 4.0 2.4 8.0 -8.0 -0.1 -2.4 -3.8 -15.3 0.5 -0.2 2.8 -0.3 3.1 1.7 -22.8 11.2 -0.7 6.2 1.0 5.6 0.6 -0.3 -1.4 0.0 -5.3 -4.6 -3.3 -6.0 -0.5 -4.9 -0.4 -2.1 -5.9 3.4 -1.2 -2.5 -5.8 -3.2 4.7 -2.9 -2.0 -9.8 0.0 4.2 -6.4 -6.2 -1.4 -3.5 4.0 0.1 -1.2 1.0 -3.9 3.4 6.0 12.2 -0.6 -8.5 -6.3 4.1 -6.9 6.8 -2.6 0.5 -1.7 3.7 -1.7 -4.3 0.2 -1.0 0.3 -10.7 -2.3 0.6 -1.5 0.7 1.7 -0.9 1.7 -10.7 2.4 8.5 -7.1 -8.3 -1.5 0.3 9.0 -2.0 3.4 -1.1 -6.4 1.4 11.0 8.4 -0.5 2.7 -0.7 2.0 -4.5 0.3 -2.8 0.1 Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services for intermediate demand3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Automotive parts, including tires, retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware, building material, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services for intermediate demand. . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Water transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Postal Service2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier and messenger services, except air mail. . . . . . . . . . . . . . . . . . . . . . . . . . . Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . . Pipline transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services related to water transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Network compensation from broadcast TV, cable TV, radio2. . . . . . . . . . . . . . . . Advertising space sales in periodicals and newspapers2. . . . . . . . . . . . . . . . . . . . Advertising space sales in directories and mail lists2. . . . . . . . . . . . . . . . . . . . . . . Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Radio advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Internet advertising sales2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cable and satellite subscriber services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bundled wired telecommunication access services2. . . . . . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 ID6 57 57 57 57 57 57 58 58 ID6 30 30 30 30 30 30 30 30 30 31 31 32 3 33 1102 3 4 5 6 8101 6102 D 32 11 12 13 14 1601 1602 1603 17 2 1 31 1 4.6 1.1 3.4 -8.9 -2.7 5.0 2.6 2.4 1.4 -7.7 -3.1 -1.7 -12.4 0.7 -8.4 9.0 3.8 -1.6 1.3 3.4 2.0 -30.2 5.3 -0.3 0.9 4.9 -1.5 10.4 -3.2 0.5 0.7 -1.9 0.4 -1.0 -0.2 -1.6 -4.8 -2.7 0.0 -0.1 -1.4 0.0 1.3 -1.1 -6.4 -0.3 0.7 0.8 -2.7 -1.6 2.1 1.6 0.3 3.1 -3.8 -2.6 -1.1 -0.2 -3.0 0.2 0.2 0.0 0.1 0.0 -1.1 -3.0 -0.1 -4.1 0.0 0.2 -0.1 2.8 -1.6 -9.8 0.4 0.3 2.5 0.8 0.2 -0.4 -0.9 -0.5 6.0 -0.5 0.0 0.7 -0.8 0.2 -0.8 1.4 -2.0 -3.3 0.0 -0.6 -2.1 1.2 -3.2 0.1 -0.4 -2.6 1.6 4.6 -0.1 -0.4 -0.7 -1.9 -1.3 0.0 0.1 -0.5 -1.2 1.8 -0.4 3.2 -1.2 0.5 1.3 0.9 -0.7 0.9 2.4 -0.9 0.7 -0.2 5.6 0.4 -0.1 -0.2 -0.1 2.2 3.8 0.6 0.3 0.0 1.7 0.0 -2.2 1.3 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 7.5 1.0 3.2 9.7 -16.8 -8.0 – 3.6 1.9 10.6 5.5 1.8 55.7 -0.5 1.1 1.0 0.0 -2.9 -2.7 0.0 0.1 0.1 1.5 1.3 0.3 -5.8 1.0 0.0 0.0 0.0 2.8 -1.2 6.7 0.7 0.1 0.7 0.0 -0.1 2.7 0.4 0.2 0.0 0.0 -0.9 6.0 0.0 0.0 0.6 0.2 -1.5 0.1 3.4 0.1 0.0 0.0 0.0 -2.1 -2.7 0.0 -0.6 0.2 1.1 0.0 0.3 -2.2 0.3 0.0 0.0 0.0 -1.0 -7.2 -0.2 1.8 0.1 -0.1 -0.5 0.3 -1.5 See footnotes at end of table. 23 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other credit intermediation, incl. trust services (partial)2. . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Life insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Property and casualty insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commissions from sales of insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential property sales and leases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck, utility trailer, and RV rental and leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction, mining, and forestry machinery and equipment rental and leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Advertising and related services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Permanent placement services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Executive search services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Security guard services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 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 22.4 -3.6 37.2 10.1 1.7 -0.6 3.0 6.6 0.2 0.4 3.8 -2.1 1.8 -5.8 2.0 3.0 0.0 -0.3 -3.9 1.5 0.0 0.2 0.3 0.3 0.0 -1.7 -0.6 -0.1 -1.0 0.7 0.6 0.2 -0.4 4.0 -0.8 0.0 0.2 0.4 0.2 0.0 2.5 -0.4 0.5 2.6 0.2 0.1 1.3 3.2 -3.0 1.4 0.0 0.0 0.4 0.0 0.0 0.3 -0.3 0.7 -3.1 -1.4 5.6 0.0 0.1 -0.4 -0.5 0.0 0.2 2.0 -0.1 0.0 1.4 0.4 -0.2 -2.7 2.3 -0.5 0.0 1.8 7.6 0.0 -0.3 0.0 0.1 0.5 -0.5 -1.1 -0.6 0.8 0.4 -0.1 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 6.5 6.4 10.1 3.3 3.4 0.5 0.6 3.4 1.0 7.2 2.1 9.8 1.7 -0.1 0.4 1.0 0.0 -2.2 0.2 1.2 0.2 0.5 0.3 0.1 1.1 6.2 0.2 0.2 0.7 0.7 2.5 0.0 2.4 -0.7 0.7 0.1 0.9 1.1 1.1 0.2 -0.2 0.4 0.2 0.2 0.0 -1.0 -0.5 0.0 2.1 0.1 0.7 -2.9 -0.2 0.3 -0.3 0.2 1.1 -0.1 -0.6 -0.6 -0.3 0.1 0.0 0.5 2.2 0.3 0.6 2.0 0.3 -0.1 0.0 0.6 0.7 0.2 0.2 -0.1 -0.1 -0.6 55 55 59 1 4 1 8.4 4.8 4.6 1.1 0.7 0.0 1.9 0.4 0.7 -0.4 0.2 0.4 0.1 0.2 -0.2 0.8 0.6 0.7 4 2 4.4 4.4 0.4 0.4 0.1 0.1 1.4 1.4 0.1 0.1 0.3 0.3 2.0 -1.6 -19.1 9.1 0.5 -12.7 5.7 6.1 -24.5 -45.2 -19.4 0.9 1.1 5.3 2.4 -4.7 -7.1 -1.6 -3.9 -17.3 -4.5 1.2 5.6 -20.9 -0.4 -2.0 3.4 3.7 12.9 -0.3 -0.5 -7.4 1.9 0.6 -1.7 -2.7 -0.8 -11.6 -6.3 -3.3 -0.2 0.5 0.4 0.0 0.1 -1.5 -0.1 -0.2 -3.0 -0.8 -0.8 0.3 0.9 -0.8 0.3 -0.3 1.7 0.5 0.3 -0.2 2.7 -3.2 -1.4 -0.2 0.0 -1.6 8.1 -3.6 -0.3 0.2 0.1 0.7 0.3 -0.2 0.1 -0.4 0.0 3.3 -1.2 -0.5 -0.3 3.6 0.0 0.2 0.1 0.0 0.2 -0.1 -0.5 -5.5 1.9 1.3 -1.3 0.8 2.2 -13.6 -13.6 -2.2 0.1 0.0 -0.2 0.0 -0.7 -0.3 -0.4 0.1 -1.6 -0.4 0.6 0.3 5.4 -1.8 -0.5 -0.1 0.6 0.0 -0.1 0.0 1.9 0.9 -1.9 -2.1 0.9 1.2 3.2 -5.4 -1.8 0.0 -0.1 0.1 0.1 -0.9 -1.9 -0.2 -0.4 1.9 -0.3 -1.1 0.0 -0.4 -1.7 -0.8 0.4 -0.6 0.7 0.3 -0.3 -8.7 5.0 0.9 -1.5 -0.6 -1.0 -1.1 -7.1 -1.4 -0.2 0.0 1.0 0.2 -0.1 -1.4 -0.1 -0.3 4.7 -0.1 -0.3 0.0 -7.6 0.2 0.1 0.0 0.3 0.0 Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 Maintenance and repair of non-residential buildings (partial)2. . . . . . . . . . . . . . . . . 80 Intermediate Demand by Production Flow Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 4 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unprocessed and packaged fish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dairy products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medicinal and botanical chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unsupported plastic film, sheet, and other shapes2. . . . . . . . . . . . . . . . . . . . . . . . . Parts for manufacturing from plastics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic packaging products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper boxes and containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wiring devices2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 01 02 02 02 05 05 05 05 06 06 06 06 06 07 07 07 07 08 08 09 09 10 10 10 10 11 11 4 9411 2 21 23 3 42 43 71 7303 14 21 31 37 38 21 22 26 2A 1 2 1503 47 17 26 7 89 48 71 See footnotes at end of table. 24 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Miscellaneous electrical machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machine shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete ingredients and related products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared asphalt, tar roofing and siding products2. . . . . . . . . . . . . . . . . . . . . . . . . Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and auxiliary equipment, n.e.c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Medical, surgical and personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 4 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals and newspapers2. . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential property sales and leases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Residential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction, mining, and forestry machinery and equipment rental and leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and alcohol wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 3 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Slaughter poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jet fuel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished lubricants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lubricating oil base stocks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic inorganic chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paints and allied products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 0.5 2.9 6.5 5.6 9.2 9.6 4.6 -1.3 1.9 3.4 5.5 3.0 5.5 -12.4 4.6 3.4 5.3 3.2 1.8 55.7 22.4 37.2 10.1 1.7 3.9 0.2 3.8 -2.1 10.1 1.8 0.0 0.0 0.0 0.1 0.2 0.7 0.1 1.2 0.2 0.1 1.0 0.3 -0.1 -1.6 -0.4 1.3 -0.3 1.0 0.3 -5.8 3.0 -0.3 -3.9 1.5 0.2 0.3 -1.7 -0.6 -1.1 -0.1 -0.4 0.0 0.3 0.2 -0.3 0.1 2.4 -1.0 0.2 0.3 0.0 -0.2 0.7 -3.0 0.0 -3.1 0.0 0.0 -0.1 2.7 0.6 -0.4 4.0 -0.8 0.3 0.2 2.5 -0.4 1.5 0.5 -1.1 0.1 0.0 0.5 0.4 1.2 0.5 -1.9 0.2 0.1 0.1 0.1 0.2 -0.5 0.1 -0.8 -3.3 0.0 0.1 3.4 0.1 3.2 -3.0 1.4 0.2 0.0 0.3 -0.3 -0.1 0.7 0.3 0.1 0.1 0.2 0.5 0.2 1.9 -1.0 -0.1 0.0 0.0 0.8 -0.1 -0.7 -0.1 1.8 -1.2 0.0 0.3 -2.2 5.6 0.1 -0.4 -0.5 0.9 -0.1 1.4 0.4 0.2 -0.2 0.6 0.8 0.6 0.2 0.4 0.1 1.0 -0.7 0.2 0.4 0.1 -0.1 0.8 -0.2 1.6 1.7 1.3 0.0 0.3 -1.5 -0.5 1.8 7.6 0.0 -0.2 0.5 -1.1 -0.6 5.2 0.8 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 44 45 45 45 45 45 46 49 3 1 51 2 3 4 3 1 6.5 6.4 0.5 10.1 3.3 3.4 1.0 2.1 -0.1 0.4 0.2 1.0 0.0 -2.2 0.5 0.1 0.2 0.2 0.0 0.7 0.7 2.5 0.7 0.9 0.2 -0.2 0.0 0.4 0.2 0.2 0.0 0.1 -0.2 0.3 -0.1 -0.3 0.2 1.1 -0.3 0.0 0.3 0.6 0.0 2.0 0.3 -0.1 0.2 -0.1 55 57 57 57 57 57 57 58 59 1 1102 3 4 5 6 8 D 1 8.4 3.4 -8.9 -2.7 5.0 2.6 3.1 -7.7 4.6 1.1 4.9 -1.5 10.4 -3.2 0.5 0.5 0.4 0.0 1.9 -2.7 -1.6 2.1 1.6 0.3 2.7 -2.6 0.7 -0.4 2.8 -1.6 -9.8 0.4 0.3 2.2 0.2 0.4 0.1 -2.1 1.2 -3.2 0.1 -0.4 -2.3 4.6 -0.2 0.8 0.9 -0.7 0.9 2.4 -0.9 0.6 5.6 0.7 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 -6.9 -15.4 29.4 -18.7 -21.6 -33.0 5.7 6.1 -24.5 -38.3 -45.2 5.3 -38.4 -36.5 -4.7 -19.4 1.8 -0.7 -1.1 4.1 -3.3 1.3 -3.3 -2.7 -0.8 -11.6 -6.1 -6.3 0.1 -3.0 3.3 -0.4 -3.3 0.5 -0.2 -1.2 8.0 -8.0 -0.5 -3.8 0.0 -1.6 8.1 -12.7 -3.6 -0.9 -2.0 9.7 -1.6 -0.3 0.1 -1.4 -2.9 -0.5 -4.9 -0.7 -5.9 0.8 2.2 -13.6 -11.6 -13.6 0.1 -12.7 4.6 -1.3 -2.2 0.5 -0.2 -0.1 6.0 12.2 -1.8 -6.3 0.9 1.2 3.2 1.5 -5.4 1.3 0.7 -0.3 -1.2 -1.8 0.0 -0.6 -1.8 2.4 8.5 -7.2 -1.5 -0.6 -1.0 -1.1 3.0 -7.1 -0.4 -3.0 -5.4 -3.7 -1.4 -0.8 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 [July 2023] Commodity code Grouping Group code Agricultural chemicals and chemical products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Synthetic rubber2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Unsupported plastic film, sheet, and other shapes2. . . . . . . . . . . . . . . . . . . . . . . . . Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paperboard2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Converted paper and paperboard products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foundry and forge shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous foundry shop products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Structural, architectural, and pre-engineered metal products. . . . . . . . . . . . . . . . Bolts, nuts, screws, rivets, and washers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electrical machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft and aircraft equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 3 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Freight forwarding2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals, newspapers, directories, and mailing lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wired telephone services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft repair maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 2 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Coal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liquefied petroleum gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Crude petroleum2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Logs, bolts, timber, pulpwood, and wood chips2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 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 -22.2 -14.9 -18.3 -7.1 2.2 -4.5 2.9 5.6 -0.2 -20.9 -3.6 3.9 -3.2 -5.8 7.8 3.4 6.3 3.3 8.0 12.6 1.9 4.4 2.2 -1.7 4.6 -30.2 -1.6 5.3 -3.7 0.2 -1.2 -1.5 -0.4 -0.9 -0.4 0.3 0.2 0.9 0.1 -0.1 -0.3 0.5 0.3 -0.3 0.6 0.2 0.0 0.7 0.2 0.6 -0.4 -0.2 -0.4 -6.4 -0.2 -0.3 -4.5 2.3 1.2 0.1 0.7 -0.9 0.0 -0.3 0.9 3.6 -1.1 0.8 0.2 0.4 0.4 0.1 0.9 0.1 0.0 -1.3 0.2 0.4 0.6 -0.2 0.0 -4.1 0.5 0.0 -3.3 -1.6 -1.0 -0.3 -0.6 -0.1 0.2 0.3 -0.3 5.4 -0.3 -0.2 0.3 -0.8 0.8 -0.1 0.5 -0.2 0.1 1.1 0.2 0.4 -0.1 -0.9 0.1 -2.0 0.0 -3.3 -3.5 -2.4 -2.8 -1.9 -0.3 -0.3 -0.4 0.0 -0.3 -0.4 -1.1 -0.1 -0.2 -1.6 0.6 0.4 0.0 0.4 0.7 -0.1 -0.1 0.2 -0.2 -0.4 -0.1 3.2 0.0 -1.2 -0.2 -3.9 -5.6 -1.4 -0.2 -1.0 -0.1 0.0 -1.1 -7.6 -1.1 0.2 -1.3 -0.4 0.8 0.0 0.1 0.5 0.1 1.3 0.2 0.2 0.3 -0.1 1.6 -2.2 0.0 1.3 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 4.2 4.2 5.5 1.8 55.7 22.4 37.2 3.9 3.8 6.4 10.1 3.3 3.4 0.5 1.0 4.8 3.4 -8.9 -2.7 5.0 2.6 2.4 4.6 0.9 0.2 1.3 0.3 -5.8 3.0 -0.3 0.2 -1.7 0.4 1.0 0.0 -2.2 0.2 0.5 0.7 4.9 -1.5 10.4 -3.2 0.5 0.7 0.0 0.0 0.8 0.0 -0.1 2.7 0.6 -0.4 0.3 2.5 0.2 0.7 0.7 2.5 0.0 0.7 0.4 -2.7 -1.6 2.1 1.6 0.3 3.1 0.7 0.0 0.5 -1.5 0.1 3.4 0.1 3.2 0.2 0.3 -0.2 0.4 0.2 0.2 0.0 0.0 0.2 2.8 -1.6 -9.8 0.4 0.3 2.5 0.4 0.0 -0.3 0.0 0.3 -2.2 5.6 0.1 0.9 1.4 0.3 -0.3 0.2 1.1 -0.1 -0.3 0.2 -2.1 1.2 -3.2 0.1 -0.4 -2.6 -0.2 0.0 0.9 -0.5 0.3 -1.5 -0.5 1.8 -0.2 -1.1 0.6 2.0 0.3 -0.1 0.0 0.2 0.6 0.9 -0.7 0.9 2.4 -0.9 0.7 0.7 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 -8.5 -22.7 -22.1 -3.7 -2.4 -7.0 -72.5 -48.6 -24.8 -45.2 -17.4 -14.9 -3.1 -3.8 -2.5 -4.9 -7.5 -4.2 0.0 -4.0 -25.5 -11.4 -7.1 -6.3 -2.8 0.2 -0.3 -1.1 0.9 1.2 2.4 0.5 -1.4 1.7 -22.8 -3.1 11.2 -3.6 -0.5 2.3 0.1 -0.7 -1.3 -4.0 -6.0 -1.2 -2.2 -2.9 -2.0 -17.2 -9.8 -13.6 -2.0 -1.6 -0.2 0.0 -1.1 -2.4 3.4 -6.9 -0.8 3.7 -1.7 -8.3 -4.3 -5.4 -1.7 -2.4 -0.6 0.2 1.4 3.3 -10.7 9.0 2.2 1.4 11.0 24.6 8.4 -7.1 -1.8 -3.9 -0.4 -0.5 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 [July 2023] Commodity code Grouping Group code Item code Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paperboard, excluding corrugated paperboard2. . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous mill shapes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electrical machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 2 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Postal Service2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Courier and messenger services, except air. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . . Pipeline transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Data processing and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commissions from sales of insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management, scientific, and technical consulting services. . . . . . . . . . . . . . . . . . Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Security guard services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . 09 09 09 10 10 10 11 11 ID5 30 30 30 30 30 30 30 31 36 37 38 40 40 40 41 42 45 45 45 45 46 48 49 53 13 1411 47 12 17 25 7 78 9212 11 12 1601 1602 1603 17 22 31 21 2 1 1 2 31 11 11 1 2 4 51 3 1 1 1 55 58 1 D Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 1 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Recyclable paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Converted paper and paperboard products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Primary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stage 1 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising space sales in periodicals, newspapers, directories, and mailing lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 02 05 05 05 05 05 05 06 06 07 09 09 09 10 10 10 10 10 10 11 13 ID5 30 30 1 9111 9 42 43 52 53 71 7303 1 21 21 12 13 15 12 17 22 23 26 7 4 21 9112 12 22 36 37 37 1 12 2 See footnotes at end of table. 27 Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 2.2 -3.4 5.6 -12.5 -20.9 -3.6 3.3 0.5 6.2 -1.7 -12.4 9.0 3.8 -1.6 1.3 3.4 -30.2 -16.8 1.9 1.8 37.2 10.1 1.7 3.9 0.4 6.4 10.1 3.4 0.5 1.0 7.2 2.1 1.7 -0.4 -0.1 0.3 3.1 0.9 0.1 0.2 0.0 -0.7 -0.2 -1.6 0.0 -0.1 -1.4 0.0 1.3 -6.4 -2.9 0.1 0.3 -0.3 -3.9 1.5 0.2 0.0 0.4 1.0 -2.2 0.2 0.5 0.3 0.1 6.2 0.7 -0.6 -0.3 5.6 3.6 -1.1 0.1 -0.4 0.7 -0.2 -3.0 0.0 0.1 0.0 -1.1 -3.1 -4.1 2.8 0.1 -0.1 -0.4 4.0 -0.8 0.3 0.0 0.2 0.7 2.5 0.0 0.7 0.1 0.9 1.1 -0.6 0.0 0.3 -6.2 5.4 -0.3 -0.2 -1.1 0.6 -0.9 -0.5 0.0 0.7 -0.8 0.2 -0.8 -2.0 -0.9 0.6 0.1 3.2 -3.0 1.4 0.2 0.0 -0.2 0.4 0.2 0.0 0.0 2.1 0.1 -2.9 -0.3 -0.7 0.0 -10.7 -0.4 -1.1 0.4 0.3 -0.2 -0.4 -0.7 0.0 0.1 -0.5 -1.2 1.8 3.2 -2.1 0.2 0.3 0.1 -0.4 -0.5 0.9 0.0 0.3 -0.3 1.1 -0.1 -0.3 0.1 0.0 2.2 -0.2 -0.9 0.0 2.0 -7.6 -1.1 0.5 0.6 0.0 -0.1 -0.2 3.8 0.6 0.3 0.0 1.7 -2.2 -1.0 0.1 0.3 1.8 7.6 0.0 -0.2 -0.5 0.6 2.0 -0.1 0.0 0.2 0.2 -0.1 -0.6 8.4 -7.7 1.1 0.4 1.9 -2.6 -0.4 0.2 0.1 4.6 0.8 5.6 -3.1 -9.1 -2.4 5.7 6.1 -19.4 -18.6 -24.5 -45.2 -17.4 0.9 -4.7 -56.5 2.2 2.9 -12.5 -20.9 6.4 -8.2 -0.4 -2.0 6.3 8.0 3.7 -12.4 3.4 -0.4 -1.0 0.0 -2.7 -0.8 -10.4 -7.8 -11.6 -6.3 -2.8 -0.2 0.1 -0.4 -0.4 -0.4 3.1 0.9 -5.2 -2.6 -0.8 0.3 0.6 0.0 0.2 -1.6 1.3 -0.1 -0.7 -1.4 0.0 -1.6 -5.9 -6.9 8.1 -3.6 -0.5 0.2 -0.2 6.2 0.7 0.0 5.6 3.6 0.9 -0.4 0.0 0.2 0.9 0.0 0.5 -3.0 -3.1 -0.9 -1.8 -2.2 0.8 2.2 -6.1 -6.0 -13.6 -13.6 -2.0 0.1 -0.7 4.2 -0.6 0.2 -6.2 5.4 3.0 2.1 -1.8 -0.5 0.5 0.1 -0.1 -0.5 -0.8 -0.2 -0.7 -0.8 0.9 1.2 -2.4 -2.5 3.2 -5.4 -1.7 0.0 -0.9 -1.0 -0.3 -0.4 -10.7 -0.4 -0.2 -3.5 -1.7 -0.8 0.0 0.7 0.2 -0.7 1.8 0.0 -0.9 2.2 -0.6 -1.0 3.7 10.2 -1.1 -7.1 -1.8 -0.2 -0.1 2.7 -0.2 -0.1 2.0 -7.6 2.1 -2.7 0.2 0.1 0.1 0.1 0.8 -0.2 1.7 4.2 3.6 1.9 0.9 0.1 0.1 0.0 0.7 0.1 0.0 0.0 0.6 0.0 -0.6 0.2 0.0 1.8 0.1 Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued [July 2023] Commodity code Grouping Group code Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . . . Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Securities brokerage, dealing, investment advice, and related services2. . . . . Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment banking2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonresidential real estate rents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management consulting services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and industrial machinery and equipment repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . . Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . Mining services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Item code Unadjusted 12-month percent change1 Seasonally adjusted 1-month percent change1 July 2022 to July 2023p Feb. to Mar. Mar. to Apr.p Apr. to Mayp May to Junep June to Julyp 37 39 39 40 40 40 41 43 45 45 50 53 5 11 2 1 2 3 11 11 3 41 1 11 5.5 55.7 22.4 37.2 10.1 1.7 3.9 3.8 3.3 3.4 9.8 1.7 1.3 -5.8 3.0 -0.3 -3.9 1.5 0.2 -1.7 0.0 -2.2 1.1 6.2 0.0 2.7 0.6 -0.4 4.0 -0.8 0.3 2.5 0.7 2.5 1.1 1.1 -1.5 3.4 0.1 3.2 -3.0 1.4 0.2 0.3 0.2 0.2 0.7 -2.9 0.0 -2.2 5.6 0.1 -0.4 -0.5 0.9 1.4 0.2 1.1 0.5 2.2 -0.5 -1.5 -0.5 1.8 7.6 0.0 -0.2 -1.1 0.3 -0.1 -0.1 -0.6 55 57 57 57 57 57 58 60 1 1102 3 4 5 6 D 1 8.4 3.4 -8.9 -2.7 5.0 2.6 -7.7 4.7 1.1 4.9 -1.5 10.4 -3.2 0.5 0.4 1.1 1.9 -2.7 -1.6 2.1 1.6 0.3 -2.6 -0.7 -0.4 2.8 -1.6 -9.8 0.4 0.3 0.2 -0.5 0.1 -2.1 1.2 -3.2 0.1 -0.4 4.6 -0.3 0.8 0.9 -0.7 0.9 2.4 -0.9 5.6 0.0 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 28 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted [July 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Commodity Other code index Group Item base code code Seasonally adjusted index1 Mar. 2023 Apr. 2023p May 2023p June 2023p July 2023p Final Demand Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer foods, processed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer energy goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less foods and energy2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished consumer goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . Nondurable consumer goods less foods and energy. . . . . . . . . . . . . . . . . Durable consumer goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital equipment for manufacturing industries. . . . . . . . . . . . . . . Private capital equipment for nonmanufacturing industries. . . . . . . . . . . Government purchased goods, excluding foods and energy. . . . . . . . . . . . . . Government purchased goods excluding foods, energy, and capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export, excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of finished goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of personal consumption goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade of government purchased goods, excluding capital equipment. . . Trade of government purchased capital equipment. . . . . . . . . . . . . . . . . . . . Trade of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . Transportation of passengers for final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of private passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of government passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods for final demand. . . . . . . . . . . . . . . Transportation and warehousing of finished goods2. . . . . . . . . . . . . . . . . . . . Transportation and warehousing of personal consumption goods. . . . . Transportation and warehousing of private capital equipment. . . . . . . . Transportation and warehousing of government purchased goods. . . . . . Transportation and warehousing of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade, transportation, and warehousing. . . . . . . . . Finished services less trade, transportation, and warehousing2. . . . . . . . . . . Finished consumer services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gov. purchased services less trade, transportation, and warehousing, excl. capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased capital investment services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export less trade, transportation, and warehousing. . . . . . . . . . . Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for private capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction for government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD FD 4 41 411 4111 41113 41112 4112 4113 412 4121 4122 4123 413 4131 41311 413111 413112 41312 413121 413122 4132 140.746 142.855 151.612 267.103 294.729 263.310 152.752 154.884 143.097 221.453 159.568 140.634 140.444 246.025 273.799 354.201 191.134 210.882 225.647 206.463 136.525 141.006 143.055 150.984 265.804 300.804 261.314 151.204 155.119 144.039 226.558 152.331 132.610 140.645 246.165 273.855 354.630 190.880 211.090 225.856 206.670 136.508 140.583 140.925 149.524 263.376 251.862 263.330 151.688 152.438 134.037 211.446 140.067 122.414 140.786 246.952 274.592 355.846 191.179 211.886 227.306 207.272 136.410 140.526 140.938 149.269 263.946 257.162 263.444 151.287 149.614 135.030 213.886 139.208 121.011 140.569 247.102 274.717 356.159 191.142 212.052 227.669 207.381 136.211 140.946 141.089 150.029 264.452 252.477 264.444 153.488 151.941 134.971 213.857 138.276 122.164 140.617 247.734 275.316 357.070 191.448 212.685 228.192 208.046 136.373 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 146.359 122.220 137.696 138.537 150.163 148.853 148.624 148.175 157.592 162.298 149.049 159.665 153.260 139.935 139.928 139.668 139.975 157.617 156.036 156.420 154.486 155.921 162.793 131.707 132.056 146.279 122.278 138.170 138.842 150.695 149.255 149.098 148.254 159.662 165.258 149.769 160.827 149.512 135.680 135.681 135.459 135.684 154.087 152.276 152.721 150.477 152.857 159.671 132.341 132.653 145.967 122.439 137.852 139.163 151.988 150.614 150.636 148.805 160.475 165.839 150.920 161.669 148.856 134.630 134.633 134.421 134.624 153.589 151.748 152.202 149.911 152.112 159.293 132.371 132.625 145.493 122.571 137.112 139.072 150.711 149.603 150.426 144.269 157.558 165.176 144.661 158.492 148.850 137.040 137.038 136.802 137.057 152.633 150.768 151.238 148.868 151.052 158.408 132.749 133.003 145.392 123.047 136.582 139.700 151.753 150.318 150.601 147.359 161.189 168.562 148.624 161.660 149.549 139.319 139.312 139.057 139.354 152.704 150.828 151.361 148.668 151.504 158.424 133.200 133.413 FD 42111 131.398 132.045 131.937 132.322 132.802 FD 42112 138.298 138.501 139.101 139.436 139.300 FD 4212 122.564 123.305 123.379 123.773 124.496 FD 42121 123.073 123.898 123.944 124.340 125.178 FD FD FD FD FD 42122 4213 43 431 432 109.370 137.926 176.774 181.016 168.856 108.895 138.972 176.463 180.751 168.449 109.356 139.808 176.704 180.993 168.686 109.697 140.165 176.730 181.041 168.668 108.763 140.897 174.391 178.467 166.813 04/10 04/10 FD FD 49101 49102 138.275 138.753 138.570 139.077 138.156 138.726 138.229 138.685 138.625 139.091 04/10 04/10 FD FD 49103 49104 138.528 138.227 138.785 138.491 139.047 138.769 138.900 138.654 139.363 139.081 04/10 FD 49105 138.398 138.699 138.287 138.214 138.642 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. 29 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Final demand less foods4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand less distributive services5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand services less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand distributive services5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final demand goods plus final demand distributive services5. . . . . . . . . . . . . . . . . . . . Final demand less foods, energy, and trade services4. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . Private and government purchased capital investment services. . . . . . . . . . . . . . . . . Total private and government purchased capital investment. . . . . . . . . . . . . . . . . . . . . Total finished2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods, food and nonalcoholic beverages for immediate consumption, and energy2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and energy2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods and food and nonalcoholic beverages for immediate consumption2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less foods2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total finished less energy2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods less energy2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished goods, excluding foods2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Private capital investment services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished distributive services2, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less trade services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Finished services less distributive services2, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total private capital investment (goods, services, and construction). . . . . . . . . . . . . Finished goods plus finished distributive services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchased services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total government purchased capital investment (goods, services, construction).. . Government purchases, defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Government purchases, non-defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods (finished consumer goods). . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption nondurable goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less distributive services5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and trade services3. . . . . . . . . . . . . . . . . . Personal consumption less foods, energy, and distributive services5. . . . . . . . . . . . Personal consumption goods plus personal consumption distributive services5. . . Commodity Other code index Item base Group code code Seasonally adjusted index1 Mar. 2023 Apr. 2023p May 2023p June 2023p July 2023p 04/10 04/10 01/10 01/10 01/10 04/10 04/10 04/10 04/10 08/13 08/13 08/13 08/13 01/10 FD FD FD FD FD FD FD FD FD FD FD FD FD FD 49106 49107 49108 49109 49111 49112 49113 49114 49115 49116 49117 49118 49119 49201 138.054 138.734 136.930 136.208 141.380 137.934 132.571 148.278 143.037 127.363 127.121 132.087 133.433 139.182 138.359 138.947 137.127 136.564 141.398 138.302 132.788 148.174 143.108 127.548 127.237 132.029 133.409 139.563 138.000 139.127 136.334 135.758 141.190 136.079 132.754 149.165 142.302 127.567 127.674 132.526 133.844 139.225 137.954 139.005 136.545 136.018 140.968 136.147 133.094 147.963 141.811 127.738 127.780 130.969 133.110 139.329 138.350 139.450 136.824 136.306 141.170 136.169 133.564 148.837 142.260 127.993 128.176 132.006 133.490 139.717 12/10 01/10 FD FD 49202 49203 137.841 138.675 138.094 138.931 138.428 139.265 138.424 139.262 138.842 139.682 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 137.218 138.598 139.301 253.374 250.846 249.105 137.010 142.182 146.650 132.404 131.367 141.352 143.843 139.813 234.565 148.577 136.244 234.376 130.733 131.475 123.097 130.691 138.604 271.397 271.471 271.314 306.359 135.698 135.522 135.002 127.259 124.270 123.951 132.440 137.654 139.039 139.503 254.551 250.597 250.930 137.312 142.103 146.544 132.668 131.853 141.332 144.132 139.817 234.493 148.644 135.713 231.052 131.368 131.414 121.707 130.652 139.076 272.997 270.933 274.137 310.558 136.057 135.991 135.620 127.564 124.534 124.377 132.806 137.373 138.757 139.743 250.433 250.513 246.378 137.625 142.617 147.648 132.593 131.802 141.810 143.474 139.381 232.543 149.167 134.542 225.927 131.491 131.734 120.531 129.592 138.552 266.727 270.286 266.275 299.049 136.338 134.957 134.565 127.836 124.460 124.320 131.904 137.466 138.850 139.758 251.288 250.776 247.307 137.604 141.049 146.662 132.941 132.223 141.023 143.246 138.487 230.830 148.390 134.311 225.289 131.338 131.075 120.319 129.373 138.861 267.882 270.606 267.676 301.092 136.557 135.393 135.051 128.025 124.765 124.678 132.042 137.854 139.243 140.171 251.740 251.372 247.744 138.110 142.119 147.284 133.368 132.671 141.480 143.676 139.018 230.662 149.811 134.808 225.473 132.555 131.081 121.298 129.613 139.232 268.254 271.166 267.988 301.406 136.973 135.812 135.481 128.404 125.210 125.139 132.207 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 13 131 260.873 236.066 147.967 254.891 274.478 281.451 187.220 147.044 132.065 350.455 165.726 178.955 259.396 268.138 259.517 236.753 148.369 252.103 274.051 285.259 187.822 147.348 132.498 350.868 165.954 179.139 251.771 255.099 255.585 236.378 148.041 247.306 270.013 290.746 187.722 147.044 132.438 350.798 166.236 178.836 234.191 243.599 254.351 234.805 146.497 243.277 266.057 289.757 187.654 146.201 132.426 350.537 166.344 178.507 232.940 243.934 252.927 232.423 144.090 245.284 262.973 280.658 187.690 145.407 132.490 350.937 166.835 178.457 230.832 241.111 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. 30 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Processed fuels and lubricants to nonmanufacturing industries. . . . . . . . . . . . . Containers for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, feeds. . . . . . . . . . . . . . . . . . . . . . . . . . Supplies to nonmanufacturing industries, other than feeds. . . . . . . . . . . . . . . . Commodity Other code index Item base Group code code Seasonally adjusted index1 Mar. 2023 Apr. 2023p May 2023p June 2023p July 2023p 00/82 00/82 00/82 00/82 00/82 00/82 00/82 ID6 ID6 ID6 ID6 ID6 ID6 ID6 132 14 15 151 152 1521 1522 256.934 311.117 252.994 247.652 251.816 244.932 254.736 251.015 310.531 252.360 247.579 251.100 241.303 254.393 231.489 311.583 251.449 247.357 250.089 234.384 254.142 229.728 310.079 250.716 246.749 249.343 232.515 253.545 227.845 308.517 251.267 246.117 250.073 239.626 253.443 00/82 00/82 00/82 00/82 00/82 ID6 ID6 ID6 ID6 ID6 2 21 22 221 2211 255.668 237.096 258.015 322.391 298.087 258.375 233.512 265.197 343.209 318.284 244.593 222.705 249.848 321.431 297.135 241.729 225.026 243.323 311.457 287.352 245.754 222.952 251.625 319.951 295.577 00/82 00/82 00/82 00/82 ID6 ID6 ID6 ID6 2212 222 2221 2222 345.979 123.973 218.889 122.160 346.354 105.030 214.753 101.843 346.462 102.567 208.750 99.509 348.739 102.876 215.200 99.480 349.246 110.418 220.515 107.363 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 3 33 331 332 32 321 3211 3212 322 3221 144.280 170.298 157.818 149.418 156.286 139.730 139.949 139.765 158.159 132.000 145.243 171.652 158.772 150.893 154.570 135.522 135.661 135.567 156.672 129.772 145.565 171.486 158.148 151.196 153.910 134.485 134.601 134.532 156.046 129.636 145.500 170.393 156.292 151.044 153.795 136.864 137.033 136.905 155.697 128.671 146.202 172.588 157.964 153.316 154.455 139.119 139.329 139.156 156.209 128.454 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 141.116 140.077 139.406 139.290 139.933 ID6 31 135.119 136.481 137.084 137.252 137.634 ID6 311 127.121 127.797 127.978 127.842 128.279 ID6 312 135.373 136.758 137.376 137.554 137.934 ID6 4 143.359 143.442 145.443 145.602 145.996 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 ID6 9111 9112 9113 9118 9115 9116 9117 9211 9212 9213 9216 262.043 249.697 260.600 257.812 258.360 162.600 147.417 258.405 190.329 292.375 456.898 260.836 246.887 252.940 258.041 258.981 162.702 146.906 266.017 197.293 291.625 464.997 256.958 242.434 235.278 257.573 259.028 162.338 145.248 250.456 181.521 280.455 453.039 255.879 239.674 234.016 256.361 258.018 161.581 144.554 242.595 176.001 279.965 443.764 253.980 242.915 231.900 255.128 256.212 163.019 144.379 254.468 190.122 275.057 430.140 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 42 147.427 146.628 140.343 152.739 178.345 138.202 167.547 179.709 137.879 139.974 146.598 128.287 143.724 147.845 146.514 140.268 152.295 152.748 138.420 167.301 179.266 135.789 135.683 144.801 129.197 144.416 147.680 146.512 140.019 149.069 136.881 138.771 168.123 180.485 134.918 134.623 143.909 129.351 144.515 147.594 145.914 139.829 148.481 142.480 138.588 166.170 177.619 134.686 137.056 143.140 129.626 144.655 148.049 145.643 139.111 146.503 143.450 138.047 167.387 179.148 135.131 139.353 143.249 130.091 145.552 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. 31 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Commodity Other code index Item base Group code code Seasonally adjusted index1 Mar. 2023 Apr. 2023p May 2023p June 2023p July 2023p Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 421 4211 4212 4213 422 4223 4222 42221 42222 4221 423 43 431 4312 4313 432 4323 4322 43221 43222 4321 146.743 148.616 142.989 147.492 142.503 159.084 151.678 139.412 154.396 138.754 143.359 162.143 166.342 156.959 171.097 151.333 170.428 150.844 145.900 151.764 129.849 145.708 146.589 140.943 147.363 143.769 160.188 150.501 135.162 153.735 140.284 143.442 162.602 166.918 161.512 171.286 151.501 171.499 147.174 141.435 148.093 130.709 144.672 145.892 138.159 147.252 144.244 161.082 148.860 134.113 151.986 140.931 145.443 160.967 165.289 142.071 171.412 149.852 167.222 146.345 140.332 147.267 131.002 144.783 145.445 138.728 147.256 144.393 159.999 148.788 136.521 151.494 141.234 145.602 161.093 165.461 144.110 171.408 149.861 167.489 145.473 142.863 146.308 131.134 144.786 147.337 137.677 147.298 145.589 162.092 150.799 138.797 153.468 142.240 145.996 161.321 165.317 141.039 171.557 151.004 169.921 145.397 145.254 146.172 131.589 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 147.884 159.747 155.633 175.454 153.086 151.674 164.870 172.743 152.377 149.030 152.347 132.131 138.102 132.366 161.091 135.980 136.424 139.456 188.834 161.417 104.633 161.913 130.950 143.359 138.196 134.383 171.236 161.056 165.369 113.857 120.181 124.300 147.568 159.005 154.688 171.522 142.369 152.552 164.955 174.550 149.178 144.464 149.228 133.034 138.107 128.099 156.890 129.087 136.259 140.584 193.261 160.723 104.361 161.216 132.384 143.442 137.394 134.117 170.897 159.508 163.604 113.767 120.086 124.836 145.533 156.208 151.767 161.983 132.322 152.798 162.823 170.626 148.833 143.336 148.927 133.390 136.607 119.563 157.528 115.272 135.797 140.892 191.723 160.089 104.378 160.579 133.062 145.443 136.885 133.986 170.730 158.480 162.409 114.233 120.578 125.216 145.296 156.025 151.816 164.264 133.032 151.882 161.753 169.098 148.022 145.925 147.928 133.464 136.310 118.592 155.281 113.838 135.560 140.765 192.511 160.392 104.285 160.883 132.762 145.602 138.127 134.072 170.839 161.268 165.573 113.340 119.635 125.008 144.392 153.772 148.831 160.662 130.376 149.062 162.449 170.270 147.962 148.370 147.729 133.925 136.340 117.184 155.318 111.567 135.473 141.170 196.598 161.006 104.503 161.500 132.888 145.996 139.843 134.267 171.088 165.012 169.696 113.587 119.895 125.578 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 213 134.177 122.727 118.754 164.783 84.973 147.423 147.915 163.815 167.658 140.194 169.310 134.840 143.359 135.419 124.295 120.482 164.167 87.661 147.762 149.137 167.223 166.399 136.079 168.187 136.201 143.442 133.594 120.532 115.110 160.098 80.174 146.637 150.214 169.237 166.771 135.068 168.627 137.079 145.443 132.096 117.962 112.062 154.935 77.491 143.966 148.919 166.797 165.565 137.385 167.248 136.811 145.602 133.889 121.266 116.317 161.855 84.245 142.407 149.455 168.804 165.008 139.593 166.555 136.806 145.996 See footnotes at end of table. 32 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Commodity Other code index Item base Group code code Seasonally adjusted index1 Mar. 2023 Apr. 2023p May 2023p June 2023p July 2023p Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 22 221 2211 2212 2213 222 2223 2222 22221 22222 2221 223 143.690 146.220 122.376 167.718 145.438 142.968 176.430 148.160 140.380 150.176 141.874 143.359 144.487 145.795 121.361 162.939 145.307 143.929 177.488 145.565 136.107 147.879 143.099 143.442 145.119 144.292 117.895 143.514 145.006 144.792 183.964 144.527 135.052 146.840 143.847 145.443 145.012 143.836 115.701 141.755 144.660 144.722 182.263 146.374 137.472 148.588 143.709 145.602 144.861 143.649 115.350 141.517 144.478 144.563 180.696 145.359 139.761 146.962 143.679 145.996 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 145.738 147.996 147.067 161.532 140.140 150.049 154.430 170.525 155.183 139.947 157.190 108.988 143.359 143.395 147.771 199.016 161.705 148.948 140.893 170.094 144.307 139.863 162.075 135.899 143.359 161.863 164.418 152.442 168.544 156.626 163.587 125.306 129.613 136.449 145.562 147.382 145.838 160.252 129.972 150.951 155.574 172.282 154.271 135.657 157.127 109.494 143.442 143.639 146.763 205.085 157.480 149.355 141.663 171.456 142.111 135.576 160.746 137.022 143.442 160.937 163.726 143.945 168.783 155.123 162.820 121.780 125.965 137.832 144.189 145.306 143.639 155.226 120.241 150.992 153.799 168.993 157.327 134.597 161.172 109.156 145.443 142.758 143.139 150.556 146.409 149.398 141.940 171.763 141.593 134.517 160.458 137.407 145.443 159.114 161.759 125.303 168.798 153.640 160.902 121.404 125.576 137.736 143.908 144.249 142.428 154.596 120.290 149.348 153.133 167.708 155.877 137.030 158.770 109.483 145.602 142.874 142.326 131.277 144.279 149.294 142.448 171.534 142.130 136.948 160.053 137.977 145.602 159.159 161.271 121.092 168.755 154.993 163.142 120.513 124.656 137.678 143.840 143.351 140.623 150.600 121.207 147.212 154.784 169.698 156.941 139.327 159.515 110.524 145.996 143.235 141.238 131.143 140.724 149.311 143.417 173.848 144.164 139.243 162.165 138.651 145.996 159.426 160.581 114.604 168.758 157.597 166.789 120.349 124.486 138.438 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 ID5 9411 9412 9413 9414 9415 9416 9311 9312 9313 9314 9315 9316 9211 9212 9213 9214 9215 9216 9111 144.413 146.527 142.171 147.658 134.351 146.527 142.128 142.767 142.171 156.054 135.915 143.277 115.749 144.613 142.171 165.207 84.121 138.574 133.482 144.187 147.512 142.254 146.558 132.702 146.665 140.429 143.692 142.254 152.552 128.587 143.938 117.180 145.638 142.254 164.580 86.669 138.790 132.536 143.435 147.875 144.238 144.466 127.308 146.865 136.319 143.588 144.238 144.140 115.596 144.059 112.452 146.555 144.238 160.493 79.206 137.910 130.193 143.410 147.735 144.395 143.950 128.201 146.764 136.119 143.333 144.395 146.135 114.508 143.303 109.806 146.194 144.395 155.344 76.589 135.904 129.344 143.035 148.929 144.787 143.642 127.005 146.510 133.703 143.814 144.787 142.957 112.223 141.070 113.418 146.199 144.787 162.191 83.124 134.737 128.121 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. 33 Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted — Continued [July 2023, Index base Nov. 2009=100, unless otherwise indicated] Grouping Total Total Total Total Total services inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . construction inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . foods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . energy goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . goods less foods and energy inputs to stage 1 intermediate demand. . . . . . Commodity Other code index Item base Group code code 04/10 04/10 04/10 04/10 04/10 ID5 ID5 ID5 ID5 ID5 1 9112 9117 9114 9115 9116 Seasonally adjusted index1 Mar. 2023 Apr. 2023p May 2023p June 2023p July 2023p 143.508 142.171 152.779 146.826 127.271 144.190 142.254 151.747 140.039 127.779 144.000 144.238 145.871 129.240 127.809 144.356 144.395 144.846 127.869 127.112 145.545 144.787 141.178 125.956 126.256 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 34
@FedFRASER