Full text of Producer Price Indexes : Producer Price Indexes—May 2025

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Transmission of material in this release is embargoed until
8:30 a.m. (ET) Thursday, June 12, 2025
Technical information: (202) 691-7705 • ppi-info@bls.gov • www.bls.gov/ppi
Media contact:
(202) 691-5902 • PressOffice@bls.gov

USDL 25-0957

PRODUCER PRICE INDEXES – MAY 2025
The Producer Price Index for final demand advanced 0.1 percent in May, seasonally adjusted, the U.S.
Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in April and 0.1
percent in March. (See table A.) On an unadjusted basis, the index for final demand rose 2.6 percent for
the 12 months ended in May.
The May increase in the index for final demand was led by prices for final demand services, which
advanced 0.1 percent. The index for final demand goods rose 0.2 percent.
Prices for final demand less foods, energy, and trade services edged up 0.1 percent in May after falling
0.1 percent in April. For the 12 months ended in May, the index for final demand less foods, energy, and
trade services increased 2.7 percent.
Chart 1. One-month percent changes in selected PPI final demand price indexes, seasonally adjusted
Percent change
1.0
0.5
0.0
-0.5
-1.0

May'24

June

July

Aug

Sep

Final demand

Oct

Nov

Dec

Jan

Final demand goods

Feb

Mar

Apr

May'25

Final demand services

Chart 2. Twelve-month percent changes in selected PPI final demand price indexes, not seasonally adjusted
Percent change
5.0
4.0
3.0
2.0
1.0
0.0
-1.0
-2.0

May'24

June

July

Aug
Final demand

Sep

Oct

Nov

Dec

Final demand goods

Jan

Feb

Mar

Final demand services

Apr

May'25

Final Demand
Final demand services: The index for final demand services inched up 0.1 percent in May following a 0.4percent decrease in April. The advance is attributable to a 0.4-percent rise in margins for final demand trade
services. (Trade indexes measure changes in margins received by wholesalers and retailers.) In contrast,
prices for final demand transportation and warehousing services declined 0.2 percent, while the index for
final demand services less trade, transportation, and warehousing was unchanged.
Product detail: Leading the increase in prices for final demand services in May, margins for machinery and
vehicle wholesaling jumped 2.9 percent. The indexes for traveler accommodation services; apparel, footwear,
and accessories retailing; alcohol retailing; and system software publishing also moved higher. Conversely,
prices for airline passenger services fell 1.1 percent. The indexes for furniture retailing; securities brokerage,
dealing, investment advice, and related services; and portfolio management also decreased. (See table 2.)
Final demand goods: Prices for final demand goods rose 0.2 percent in May after edging up 0.1 percent in
April. Over 80 percent of the May advance can be traced to the index for final demand goods less foods and
energy, which climbed 0.2 percent. Prices for final demand foods increased 0.1 percent, while the index for
final demand energy was unchanged.
Product detail: Within the index for final demand goods in May, prices for tobacco products rose 0.9 percent.
The indexes for gasoline, processed poultry, roasted coffee, residential natural gas, and oilseeds also
increased. In contrast, prices for jet fuel declined 8.2 percent. The indexes for pork and for carbon steel scrap
also fell.

2

Intermediate Demand by Commodity Type
Within intermediate demand in May, the index for processed goods edged up 0.1 percent, prices for
unprocessed goods fell 1.6 percent, and the index for services rose 0.1 percent. (See tables B and C.)
Processed goods for intermediate demand: Prices for processed goods for intermediate demand inched up
0.1 percent in May following a 0.3-percent rise in April. Leading the May increase, the index for processed
materials less foods and energy advanced 0.4 percent. Prices for processed foods and feeds moved up 0.5
percent. Conversely, the index for processed energy goods declined 1.2 percent. For the 12 months ended in
May, prices for processed goods for intermediate demand advanced 1.9 percent, the largest 12-month
increase since rising 2.1 percent in February 2023.
Product detail: A major factor in the May increase in the index for processed goods for intermediate demand
was a 4.6-percent rise in prices for primary nonferrous metals. The indexes for gasoline, processed poultry,
fabricated structural metal, and paper boxes and containers also moved higher. In contrast, prices for diesel
fuel decreased 2.5 percent. The indexes for jet fuel, primary basic organic chemicals, and pork also declined.
Unprocessed goods for intermediate demand: Prices for unprocessed goods for intermediate demand fell
1.6 percent in May, the third consecutive decline. More than three-quarters of the May decrease is
attributable to the index for unprocessed energy materials, which dropped 3.5 percent. Prices for unprocessed
nonfood materials less energy fell 1.4 percent. Conversely, the index for unprocessed foodstuffs and
feedstuffs edged up 0.1 percent. For the 12 months ended in May, prices for unprocessed goods for
intermediate demand declined 1.0 percent, the first 12-month decrease since falling 2.2 percent in November
2024.
Product detail: Leading the May decrease in the index for unprocessed goods for intermediate demand,
prices for natural gas dropped 18.7 percent. The indexes for grains, raw milk, carbon steel scrap, hay and
hayseeds, and hides and skins also fell. In contrast, prices for slaughter steers and heifers rose 7.2 percent.
The indexes for crude petroleum and for nonferrous metal ores also advanced.

3

Services for intermediate demand: The index for services for intermediate demand edged up 0.1 percent in
May after declining 0.3 percent in April. The increase can be attributed to a 0.7-percent advance in margins
for trade services for intermediate demand. Conversely, the indexes for services less trade, transportation,
and warehousing for intermediate demand and for transportation and warehousing services for intermediate
demand both decreased 0.1 percent. For the 12 months ended in May, prices for services for intermediate
demand rose 1.9 percent.
Product detail: Leading the May advance in the index for services for intermediate demand, margins for
metals, minerals, and ores wholesaling rose 4.9 percent. The indexes for residential property management
fees; cable network advertising time sales; pipeline transportation of energy products; and hardware, building
materials, and supplies retailing also moved higher. In contrast, prices for business loans (partial) decreased
3.7 percent. The indexes for securities brokerage, dealing, investment advice, and related services;
warehousing, storage, and related services; and food and alcohol wholesaling also fell.

Intermediate Demand by Production Flow
Stage 4 intermediate demand: Prices for stage 4 intermediate demand inched up 0.1 percent in May, the
eighth consecutive advance. In May, the index for total goods inputs to stage 4 intermediate demand rose 0.2
percent, while prices for total services inputs were unchanged. (See table D.) Increases in the indexes for
fabricated structural metal; metals, minerals, and ores wholesaling; residential property management fees;
metal containers; and processed poultry outweighed decreasing prices for securities brokerage, dealing,
investment advice, and related services; business loans (partial); grains; and warehousing, storage, and
related services. For the 12 months ended in May, the index for stage 4 intermediate demand advanced 2.4
percent.

4

Stage 3 intermediate demand: The index for stage 3 intermediate demand moved up 0.1 percent in May
after falling 0.5 percent in both April and March. In May, prices for total services inputs to stage 3
intermediate demand increased 0.2 percent. Conversely, the index for total goods inputs declined 0.1 percent.
Advances in the indexes for metals, minerals, and ores wholesaling; slaughter cattle; cable network
advertising time sales; ungraded chicken eggs; and slaughter barrows and gilts outweighed decreases in
prices for grains, raw milk, jet fuel, and business loans (partial). For the 12 months ended in May, the index
for stage 3 intermediate demand rose 1.4 percent.
Stage 2 intermediate demand: The index for stage 2 intermediate demand fell 0.6 percent in May, the
fourth consecutive decrease. In May, prices for total goods inputs to stage 2 intermediate demand dropped
1.2 percent, and the index for total services inputs moved down 0.2 percent. Declines in the indexes for gas
fuels; business loans (partial); carbon steel scrap; basic organic chemicals; securities brokerage, dealing,
investment advice, and related services; and food and alcohol wholesaling outweighed rising prices for crude
petroleum, pipeline transportation of energy products, and oilseeds. For the 12 months ended in May, the
index for stage 2 intermediate demand was unchanged.
Stage 1 intermediate demand: Prices for stage 1 intermediate demand increased 0.2 percent in May after
edging down 0.1 percent in April. In May, the index for total services inputs to stage 1 intermediate demand
rose 0.3 percent, and prices for total goods inputs advanced 0.1 percent. Increases in the indexes for metals,
minerals, and ores wholesaling; data processing and related services; hardware, building materials, and
supplies retailing; residential property management fees; traveler accommodation services; and prepared
asphalt, tar roofing, and siding products outweighed falling prices for securities brokerage, dealing,
investment advice, and related services; grains; and diesel fuel. For the 12 months ended in May, the index
for stage 1 intermediate demand rose 2.2 percent, the largest 12-month increase since moving up 3.8 percent
in February 2023.

________________
The Producer Price Index for June 2025 is scheduled to be released on Wednesday, July 16, 2025,
at 8:30 a.m. (ET).
*****
5

BLS to Discontinue Selected PPIs
With the release of Producer Price Index (PPI) data for July 2025 on August 14, 2025, BLS will end
calculation and publication of 5 Final Demand–Intermediate Demand (FD-ID) indexes, listed below.
FD-ID code
FD49103
FD49105
FD49202
FD49204
ID69215

FD-ID Title
Final demand less foods, food and nonalcoholic beverages for immediate consumption,
and energy
Final demand less foods and food and nonalcoholic beverages for immediate
consumption
Total finished less foods, food and nonalcoholic beverages for immediate
consumption, and energy
Total finished less foods and food and nonalcoholic beverages for immediate
consumption
Nonfood materials excluding fuel for manufacturing, excluding selected items

In addition, with the release of July 2025 PPI data, BLS will stop calculation and publication of about
350 PPIs from the industry, commodity, and special index categories. Details of these index eliminations
are available at www.bls.gov/ppi/notices/2025/bls-to-discontinue-selected-ppis.htm.
For further information, contact the PPI Section of Index Analysis and Public Information at
ppi-info@bls.gov or (202) 691-7705.

6

Technical Note
Brief Explanation of Producer Price Indexes

from the Benchmark Input-Output Accounts of the U.S. In
many cases, the same commodity is purchased by different
types of buyers. As a result, commodities are often included
in several FD-ID indexes. For example, regular gasoline is
purchased for personal consumption, export, government use,
and business use. The PPI program publishes only one
commodity index for regular gasoline (wpu057104), reflecting
sales to all types of buyers, and this index is used in all
aggregations regardless of whether the gasoline is sold for
personal consumption, as an export, to government, or to
businesses. Proportions based on BEA “Use of Commodities”
data are used to allocate the correct portion of the total weight
of gasoline to each use category. In cases when buyer type is
an important price determining characteristic, indexes are
created based on specific buyer type. For example, within the
PPI category for loan services, separate indexes for consumer
loans and business loans were constructed. For more
information relating to the FD-ID structure, see “A new,
experimental system of indexes from the PPI program” in the
February 2011 Monthly Labor Review.

The Producer Price Index (PPI) of the Bureau of Labor
Statistics (BLS) is a family of indexes that measures the
average change over time in prices received (price changes) by
producers for domestically produced goods, services, and
construction. PPIs measure price change from the perspective
of the seller. This contrasts with other measures, such as the
Consumer Price Index (CPI). CPIs measure price change
from the purchaser’s perspective.
More than 10,000 PPIs for individual products and groups
of products are released each month. PPIs are available for the
products of virtually every industry in the mining and
manufacturing sectors. Over time, new PPIs have been
introduced for products of industries in the services and
construction sectors of the U.S. economy. As of January 2023,
the PPI covered 69 percent of services as measured by 2017
Census revenue, and 17 percent of construction.
More than 64,000 price quotations per month are
organized into three sets of PPIs: (1) Final demandIntermediate demand (FD-ID) indexes, (2) commodity
indexes, and (3) indexes for the net output of industries and
their products. The FD-ID structure organizes products by
class of buyer and degree of fabrication as well as by stage of
production. The commodity structure organizes products by
similarity of end use or product type. The entire output of
various industries is sampled to derive price indexes for the
net output of industries and their products.

Final Demand: The final demand portion of the FD-ID
structure measures price change for commodities sold for
personal consumption, capital investment, government, and
export. The system is composed of six main price indexes:
final demand goods; final demand trade services; final demand
transportation and warehousing services; final demand
services less trade, transportation, and warehousing; final
demand construction; and overall final demand.
The final demand goods index measures price change for
both unprocessed and processed goods sold to final demand.
Fresh fruits sold to consumers and computers sold for capital
investment are examples of transactions included in the final
demand goods price index. The final demand trade services
index measures price change for the retailing and wholesaling
of merchandise sold to final demand, generally without
transformation. (Trade indexes measure changes in margins
received by wholesalers and retailers.) The final demand
transportation and warehousing services index tracks price
change for transportation of passengers, as well as,
transportation of cargo sold to final demand, and also includes
prices for warehousing and storage of goods sold to final
demand. The final demand services less trade, transportation,
and warehousing index measures price change for all services
other than trade and transportation sold to final demand.
Publishing, banking, lodging, and health care are examples of
these services. The final demand construction index tracks
price change for new construction, as well as maintenance and
repair construction sold to final demand. Construction of
office buildings is an example of a commodity that would be
included in the final demand construction index. Lastly, the
overall final demand index tracks price change for all types of
commodities sold to final demand by combining the five final
demand component indexes described above.

Final Demand–Intermediate Demand
Indexes
The PPI FD-ID structure measures price change for
goods, services, and construction sold to final demand and to
intermediate demand. The FD-ID system replaced the PPI
stage-of-processing (SOP) system as PPI’s primary
aggregation model with the release of data for January 2014.
The FD-ID model expands coverage beyond that of the SOP
system through the addition of services, construction, exports,
and government purchases.
Compared with finished goods under the SOP system, the
PPI for final demand goods includes nearly a 50 percent
expansion of coverage. This increase can be traced to the
addition of government purchases and exports. For overall
final demand, expansion to include final demand services
represents an even larger increase in coverage. In December
2022, final demand goods were about 30.7 percent of overall
final demand, final demand services were roughly 66.6
percent, and final demand construction was about 2.7 percent
of final demand. Within intermediate demand, coverage of
services for intermediate demand resulted in about a 45
percent increase in coverage of the intermediate demand
portion of the economy.
FD-ID indexes are constructed from commodity-based
producer output price indexes. Commodities are allocated to
aggregate indexes primarily based on the type of buyer. The
main source of data used to determine the type of buyer is the
“Use of commodities by industries, before redefinition,” table

Intermediate Demand: The intermediate demand portion of
the FD-ID system tracks price change for goods, services, and
construction products sold to businesses as inputs to
7

production, excluding capital investment. The system includes
two parallel treatments of intermediate demand. The first
treatment organizes intermediate demand commodities by
type. The second organizes intermediate demand commodities
into production stages, with the explicit goal of developing a
forward-flow model of production and price change.
The intermediate demand by commodity type portion of
the system organizes commodities by similarity of product.
The system is composed of six main price indexes:
unprocessed goods for intermediate demand; processed goods
for intermediate demand; intermediate demand trade services;
intermediate demand transportation and warehousing services;
intermediate demand services less trade, transportation, and
warehousing; and intermediate demand construction.
The unprocessed goods for intermediate demand price
index measures price change for goods sold to businesses as
inputs to production that have undergone no fabrication. Crude
petroleum sold to refineries is an example of an unprocessed
good sold to intermediate demand. The processed goods for
intermediate demand index tracks price change for fabricated
goods sold as business inputs. Examples include car parts sold
to car manufacturers and gasoline sold to trucking companies.
The index for trade services for intermediate demand
measures price change for the services of retailing and
wholesaling goods purchased by businesses as inputs to
production. The intermediate demand transportation and
warehousing services index measures price change for
business travel, as well as, transportation and warehousing of
cargo sold to intermediate demand. The intermediate demand
services less trade, transportation, and warehousing index
measures price change for services other than trade,
transportation, and warehousing sold as inputs to production.
Legal and accounting services purchased by businesses are
examples of intermediate demand services excluding trade,
transportation, and warehousing. Finally, the construction for
intermediate demand index measures price change for
construction purchased by firms as inputs to production. The
index for construction for intermediate demand tracks price
change for maintenance and repair construction purchased by
firms.
The production flow treatment of intermediate demand is
a stage-based system of price indexes. These indexes can be
used to study price transmission across stages of production
and final demand. This system is constructed in a manner that
maximizes forward flow of production between stages, while
minimizing back-flow of production. The production flow
treatment contains four main indexes: intermediate demand
stage 1, intermediate demand stage 2, intermediate demand
stage 3, and intermediate demand stage 4.
Indexes for the four stages were developed by first
assigning each industry in the economy to one of four stages
of production, where industries assigned to the fourth stage
primarily produce output consumed as final demand,
industries in the third stage primarily produce output
consumed by stage 4 industries, industries assigned to the
second stage primarily produce output consumed by stage 3
industries, and industries assigned to the first stage produce
output primarily consumed by stage 2 industries. The four
indexes then track prices for the net inputs consumed by
industries in each of the four stages of production. The stage 4

intermediate demand index, for example, tracks price change
for inputs consumed, but not produced, by industries included
in the fourth stage of production. Hence, the index tracks
price change in inputs to industries that primarily produce
final demand commodities (stage 4 producers primarily
produce commodities sold to final demand).
Examples of heavily weighted goods-producing industries
in stage 4 include the manufacture of light trucks and utility
vehicles, automobiles, and pharmaceuticals. Retail trade, food
service and drinking places, and hospitals are examples of
heavily weighted service industries included in stage 4. Stage
4 also includes all new construction industries. Examples of
goods consumed by stage 4 industries include motor vehicle
parts, commercial electric power, plastic construction
products, biological products, and beef and veal. Engineering
services, machinery and equipment wholesaling, long distance
motor carrying, and legal services constitute examples of
services consumed by stage 4 industries.
Examples of highly weighted goods-producing industries
included in stage 3 are motor vehicle parts manufacturing,
animal (except poultry) slaughtering and processing, and
semiconductor manufacturing. Services industries classified
in stage 3 include wholesale trade; insurance carriers;
architecture, engineering, and related services; and hotels and
motels. Examples of goods consumed by stage 3 industries
include slaughter steers and heifers, industrial electric power,
and hot rolled steel bars, plates, and structural shapes.
Services commonly consumed by stage 3 industries include
commissions from sales of property and casualty insurance,
business loans, temporary help services, and administrative
and general management consulting services.
Petroleum refineries; electricity generation, transmission,
and distribution; natural gas distribution; cattle ranching and
farming; and plastic materials and resin manufacturing are
among the goods-based industries assigned to stage 2.
Services industries that are heavily weighted in stage 2 include
management of companies and enterprises; non-depository
credit intermediation; insurance agencies and brokerages; and
services to buildings and dwellings. Goods commonly
purchased by stage 2 industries include crude oil, natural gas,
formula feeds, and primary basic organic chemicals. Services
that are heavily weighted in the intermediate demand stage 2
index are legal services, business loans, and cellular phone and
other wireless telecommunication.
Goods producing industries in stage 1 include oil and gas
extraction, paper mills, and grain farming. Real estate, legal
services, and advertising services are examples of highly
weighted services industries included in stage 1. Examples of
goods consumed by stage 1 industries are commercial and
industrial electric power and gasoline. Services commonly
consumed by stage 1 industries include solid waste collection,
chemicals and allied products wholesaling, and guestroom or
unit rental. It should be noted that all inputs purchased by
stage 1 industries are by definition produced either within
stage 1 or by latter stages of processing, leaving stage 1 less
useful for price transmission analysis. For additional
information
on
industry
stage
assignments,
see
www.bls.gov/ppi/fd-id/ppi-intermediate-demand-byproduction-flow-industry-stage-assignments.htm.

8

Comparing the PPI with CPI

addition, most industries have secondary product indexes that
show changes in prices received by establishments for
products chiefly made in some other industry. Some industries
have miscellaneous receipts indexes that track price changes
for other sources of revenue received by establishments within
the industry that are not derived from sales of their products;
for example, resales of purchased materials, or revenues from
parking lots owned by a manufacturing plant.

Although some data users utilize the PPI as a potential
indicator of the Consumer Price Index (CPI), there are many
reasons why the PPI and the CPI may diverge. The scope of
the personal consumption portion of the PPI includes all
marketable output sold by domestic producers for households.
The scope of the CPI includes goods and services provided by
business or government, where explicit user charges are paid
by consumers. For example, the most heavily weighted item in
the CPI, owners’ equivalent rent, is excluded from the PPI.
The scope of the CPI includes imports. The PPI excludes
imports. The CPI only includes components of personal
consumption directly paid for by the consumers, while the PPI
includes components of personal consumption that may not be
paid for by consumers. For example, the PPI includes medical
services paid for by third parties. In contrast to CPI, PPI does
not completely cover services. PPIs exclude taxes, since they
do not represent producer revenue. Conversely, sales and other
taxes paid by consumers are part of household expenditure and
are included in the CPI. Additional technical differences
between PPI and CPI also exist. For more information see
“Comparing new final demand producer price indexes with
other Government price indexes,” Monthly Labor Review,
January 2014, at www.bls.gov/opub/mlr/.

Data Collection
PPIs are constructed using selling prices reported by
establishments of all sizes, selected by probability sampling,
with the probability of selection proportionate to size.
Individual items and transaction terms also are chosen by
probability proportionate to size. BLS strongly encourages
cooperating companies to supply actual transaction prices at
the time of shipment to minimize the use of list prices. Prices
submitted by survey respondents are effective on the Tuesday
of the week containing the 13th day of the month. The survey
is conducted online via the BLS Internet Data Collection
Facility (IDCF). Data provided by survey respondents are
supplemented with data from other sources for some areas.
Price data are provided by survey respondents on a
voluntary and confidential basis; only sworn BLS employees
are allowed access to individual company price reports. BLS
publishes price indexes, not actual prices. All PPIs are subject
to monthly revisions up to 4 months after original publication
to reflect the availability of late reports and corrections by
respondents.
BLS periodically updates the PPI sample of survey
respondents to better reflect current conditions when the
structure, membership, technology, or product mix of an
industry shifts significantly and to spread reporting burden
among smaller firms. Information on these resampling efforts
are noted in the PPI News Release and PPI Detailed Report in
the months they occur.
As part of an ongoing effort to expand coverage to sectors
of the economy other than mining and manufacturing, an
increasing number of service and construction sector
industries have been introduced into the PPI. The following
list of industries introduced since the mid-1990s includes the
month and year in which an article describing the industry’s
content appeared in the PPI Detailed Report.

Commodity Indexes
The commodity classification of the PPI organizes goods,
services, and construction by similarity of product or end use,
disregarding industry of origin. With the release of data for
July 2009, PPI expanded its commodity structure to include
indexes for services and construction products. Prior to this
date, the PPI commodity structure only included products
from goods producing sectors. Table 9 of the PPI Detailed
Report includes data for commodity indexes, organized in a
hierarchal structure, including major groupings, subgroups,
product classes, sub-product classes, and individual items.

Industry Net-Output Price Indexes
PPIs for the net output of industries and their products are
grouped according to the North American Industry
Classification System (NAICS). Prior to the release of
January 2004, industry-based PPIs were published according
to the Standard Industrial Classification (SIC) system.
Industry price indexes are compatible with other economic
time series organized by industry, such as data on
employment, wages, and productivity. Table 11 of the PPI
Detailed Report includes data for NAICS industries and
industry groups (3-, 4-, 5-, and 6-digit codes), Census product
classes (7- and 8-digit codes), products (9-digit codes), more
detailed sub-products (11-digit codes), and, for some
industries, indexes for other sources of revenue.
Indexes may represent one of three kinds of product
categories. Every industry has primary product indexes that
show changes in prices received by establishments classified
in the industry for products made primarily, but not
necessarily exclusively, by that industry. The industry
classification of an establishment is determined by which
products make up a plurality of its total shipment value. In

Service and construction sector industries introduced into the
Producer Price Index, by SIC or NAICS code at their date of
introduction and the PPI Detailed Report issue that announces
their introduction
PPI Detailed
Title
Code
Report Issue
SIC

9

Wireless telecommunications ……….

4812

July 1999

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

4813
4833

July 1995
July 2002

Grocery stores …………………………..

5411

July 2000

Meat and fish (seafood) markets ……..

5421

July 2000

Fruit and vegetable markets …...……...

5431

July 2000

Candy, nut, and confectionery stores ...

5441

July 2000

Title

Code

PPI Detailed
Report Issue

Title

Code

SIC

PPI Detailed
Report Issue

NAICS

Retail bakeries ………………………..

5461

July 2000

Miscellaneous food stores ……………..

5499

July 2000
July 2000

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

New car dealers ………………………

5511

532412
541610

January 2005
January 2007

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

5541

January 2002

5551

January 2002

Security guards and patrol services …..

561612

July 2005

Recreational vehicle dealers …………..

5561

January 2002

Offices of dentists ……………………..

621210

January 2011

Miscellaneous retail …………………….

59

January 2001

Blood and organ banks …………………

621991

January 2007

Amusement and theme parks ………….

713110

July 2006

Golf courses and country clubs ………..

713910

July 2006

Fitness and recreational sports centers.

713940

July 2005

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

811310

July 2007

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

6211
6282

January 2001
January 2003

Life insurance carriers ………………….

6311

January 1999

Property and casualty insurance ……

6331

July 1998

Insurance agencies and brokerages …

6412

January 2003

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

6512
6531

January 1996
January 1996

Prepackaged software ……………….

7372

January 1998

Data processing services ……………

7374

January 2002

Home health care services …………….

8082

January 1997

Legal services ………………………...

8111

January 1997

8711

January 1997

8712

January 1997

9331

July 1998

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

Weights
Weights for most commodity groupings of the PPI, as
well as, weights for commodity-based aggregate indexes
calculated from commodity groupings, such as FD-ID indexes,
currently reflect 2017 values of shipments as reported in the
Census of Manufactures and other sources. From January
2018 to December 2022, PPI weights were derived from 2012
shipment values. Industry indexes now are calculated under
the 2022 NAICS structure utilizing 2017 value of shipment
weights and 2012 net output ratios. The periodic update of the
value weights used to calculate the PPI is done to more
accurately reflect changes in production and marketing
patterns in the economy.
Net output values of shipments are used as weights for
industry indexes. Net output values refer to the value of
shipments from establishments within the industry to buyers
outside the industry. However, weights for commodity indexes
are based on gross shipment values, including values of
shipments between establishments within the same industry.
As a result, broad commodity grouping indexes, such as the
PPI for All Commodities (which is composed of major
commodity groupings 01 through 15), are affected by the
multiple counting of price change at successive stages of
processing, which can lead to exaggerated or misleading
signals about inflation. The intermediate demand by
commodity type FD-ID indexes partially correct for this
defect, but industry indexes, final demand FD-ID indexes, and
intermediate demand by production flow FD-ID indexes
consistently correct for this at all levels of aggregation.
Therefore, industry and FD-ID indexes are more appropriate
than broad commodity groupings for analysis of general price
trends.

NAICS
New Industrial building construction ….

236211

January 2008

New warehouse building construction ..

236221

July 2005

New school construction ……………….

236222

July 2006

New office construction ……………...

236223

January 2007

New health care building construction..

236224

January 2013

23811X

July 2008

23816X

July 2008

23821X

July 2008

23822X
423

July 2008
July 2005

424
443

July 2005
January 2004

444

January 2004

451
452

January 2004
January 2004

Miscellaneous store retailers …………..

453

January 2004

Pipeline transportation of natural gas….

486210

June 2022

Internet service providers …………….

518111

July 2005

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

519130
522110

January 2010
January 2005

Savings institutions …………………...

522120

January 2005

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

524114

July 2004

Concrete contractors, nonresidential
building work …………………………….
Roofing contractors, nonresidential
building work …………………………….
Electrical contractors, nonresidential
building work …………………………….
Plumbing / HVAC contractors,
nonresidential building work ..……….
Merchant wholesalers, durable goods..
Merchant wholesalers, nondurable
goods …………………………………..
Electronics and appliance stores …...
Building material and garden
equipment and supplies dealers……..
Sporting goods, hobby, book, and
music stores …………………………...
General merchandise stores …………..

Price Index Reference Base
Effective with publication of January 1988 data, many
important PPI series (including most commodity groups and
individual items) were placed on a new reference base, 1982 =
100. From 1971 through 1987, the standard reference base
for most PPI series was 1967 = 100. Except for rounding
differences, the shift to the new reference base did not alter
any previously published percent changes for affected PPI
series. (See “Calculating Index Changes,” below.) The 1982
10

reference base is not used for commodity indexes with a base
later than December 1981 or for industry net output indexes
and their products. The FD-ID indexes typically have a
reference base of November 2009 = 100.
For further information on the underlying concepts and
methodology of the Producer Price Index, see chapter 14,
“Producer Prices,” in the BLS Handbook of Methods. This
chapter can be downloaded from the BLS Web site at
www.bls.gov/opub/hom/homch14.htm.

that are generally cited when escalating long-term contracts
such as purchasing agreements or real estate leases. For more
information, see Price Adjustment Guide for Contracting
Parties, on the Web at: www.bls.gov/ppi/publications/priceadjustment-guide-for-contracting-parties.htm.
Seasonal adjustment is accomplished using X-13
ARIMA, a software package published by the U.S. Census
Bureau. Each year, the seasonal status of most commodity
indexes is reevaluated to reflect more recent price behavior.
Industry net output indexes are not seasonally adjusted. For
time series that exhibit seasonal pricing patterns, new seasonal
factors are estimated and applied to the unadjusted data from
the prior 5 years. Updated seasonally adjusted indexes replace
the most recent 5 years of seasonal data.
Seasonal factors may be applied to series using either a
direct or an aggregative method. Generally, commodity
indexes are seasonally adjusted using direct seasonal
adjustment, which produces a more complete elimination of
seasonal movements than does the aggregative method.
However, the direct seasonal adjustment process may not yield
figures that possess additive consistency. Thus, a seasonally
adjusted index for a broad category that is directly adjusted
may not be logically consistent with all seasonally adjusted
indexes for its components. Seasonal movements for FD-ID
indexes are derived indirectly through an aggregative method
that combines movements of a wide variety of subproduct
class (six-digit) series.
Seasonally adjusted indexes can become problematic
when previously stable and predictable price patterns abruptly
change. If the new pattern persists, the seasonal adjustment
method will eventually reflect it; if the pattern keeps shifting,
however, seasonally adjusted data will become chronically
troublesome. This problem occurs relatively infrequently for
farm and food-related products, but has more often affected
manufactured products such as automobiles and steel.
Since January 1988, the PPI has used Intervention
Analysis Seasonal Adjustment methods to enhance the
calculation of seasonal factors. With this technique, outlier
values that may distort the seasonal pattern are removed from
the data prior to applying the standard seasonal factor
estimation procedure. For example, a possible economic
cause for large price movements for petroleum-based products
might have been the COVID-19 pandemic. In this case,
intervention techniques allowed for better estimates of
seasonally adjusted data. On the whole, very few series have
required intervention. Out of over 400 seasonally adjusted
commodity series, 69 were subject to intervention in 2023.
For more information relating to seasonal adjustment
methods, see “PPI and CPI Seasonal Adjustment: an Update”
in the July 2010 Monthly Labor Review, and “PPI and CPI
Seasonal Adjustment During the COVID-19 Pandemic” in the
May 2022 Monthly Labor Review.

Calculating Index Changes
Each PPI measures price changes from a reference period
that equals 100.0. An increase of 5.5 percent from the
reference period in the Final Demand Goods Price Index, for
example, is shown as 105.5. This change also can be
expressed in dollars, as follows: prices received by domestic
producers of a sample of final demand goods have risen from
$100 in November 2009 to $105.50. Likewise, a current index
of 90.0 would indicate that prices received by producers of
final demand goods are 10 percent lower than they were in
November 2009.
Movements of price indexes from one month to another
are usually expressed as percent changes, rather than as
changes in index points. Index point changes are affected by
the level of the index in relation to its base period, whereas
percent changes are not. The following example shows the
computation of index point and percent changes.
Index point change
Final Demand Goods Price Index 107.5
Less previous index
104.0
Equals index point change
3.5
Index percent change
Index point change
3.5
Divided by the previous index
104.0
Equals
0.034
Result multiplied by 100
0.034 x 100
Equals percent change
3.4

Seasonally Adjusted and Unadjusted Data
Because price data are used for different purposes by
different groups, BLS publishes seasonally adjusted and
unadjusted changes each month. Seasonally adjusted data are
preferred for analyzing general price trends in the
economy because these data eliminate the effect of changes
that normally occur at about the same time, and in about the
same magnitude, every year—such as price movements
resulting from normal weather patterns, regular production
and marketing cycles, model changeovers, seasonal discounts,
and holidays. For these reasons, seasonally adjusted data
more clearly reveal underlying trends. Unadjusted data are of
primary interest to users who need information that can be
related to actual dollar values of transactions. Individuals
requiring this information include marketing specialists,
purchasing agents, budget and cost analysts, contract
specialists, and commodity traders. It is the unadjusted data

Producer Price Index Data on the Internet
In 1995, the BLS began posting PPI series, news releases,
and technical information to the internet. There were more
than 13 million instances of PPI data being downloaded from
the BLS website during 2022.

11

Commodity code
wps141101
wpu141101

Retrieving PPI data from the PPI Web site
PPI data can be obtained online (www.bls.gov/ppi). On
this page, under the tab labeled “Featured PPI databases” links
provide the following methods of data retrieval:
•

•

•

wpufd4

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

12

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

Price indexes for discontinued series grouped by
industry according to NAICS have identifiers that begin
with the prefix “ndu”. After the prefix, there are 12
numeric digits (the 6-digit industry code is listed twice),
and up to 7 additional alphanumeric characters that
identify product detail. Dashes are used as placeholders
for higher-level group codes.
Industry-product code,
discontinued NAICS series
ndu212231212231
ndu2122312122312
ndu212231212231214
•

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

Directory:

/pub/time.series/pc

/pub/time.series/nd
/pub/time.series/pd
/pub/time.series/wp
/pub/time.series/wd
/pub/special.requests/ppi

Additional information

Provides data for
Lead and zinc ore mining
Lead, zinc concentrates
Lead concentrates

The PPI homepage (www.bls.gov/ppi) contains
additional information regarding PPI data and methodology.
The “PPI Publications” section of the homepage provides PPI
news releases, both current and archived, as well as general
PPI information. The “PPI Tables” section provides relative
importance and seasonal factor tables. The remaining sections
offer special notices and publications pertaining to PPI
methodology and applications.
For questions or comments regarding PPI data
classification, methodology, or data availability on the
Internet, call or e-mail the Section of Index Analysis and
Public Information at (202) 691-7705 or ppi-info@bls.gov. If
you are deaf, hard of hearing, or have a speech disability,
please dial 7-1-1 to access telecommunications relay services.

Text Files are best suited for users requiring access
to either a large volume of time series data or other
PPI-related documentation, such as seasonal factor
tables and relative importance tables. The text files
can be accessed at download.bls.gov/ or directly
from links on the “PPI Databases” page or the PPI
homepage. Data and documentation available for
download include the following:

13

Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand
groupings, seasonally adjusted
[May 2025]
Commodity
code
Grouping
Group
code

Item
code

Relative
Importance
Dec.
20241

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

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
29.686
5.698
4.427
0.467
3.960
0.410
0.861
5.224
4.127
0.749
0.348
18.764
10.840
5.749
3.501
2.248
5.091
1.257
3.834
1.950

2.6
1.3
3.5
4.3
12.8
3.5
4.3
-0.4
-4.4
-3.9
-5.4
-8.5
2.4
2.6
2.2
2.2
2.1
3.0
3.8
2.7
2.6

0.7
0.7
1.0
1.1
5.8
0.6
0.9
0.7
2.0
1.2
4.7
6.2
0.2
0.1
-0.2
-0.4
0.1
0.4
0.7
0.3
0.7

0.1
0.3
1.8
2.1
16.6
0.3
0.9
0.6
-1.4
-1.9
0.3
0.9
0.3
0.3
0.4
0.5
0.2
0.2
0.3
0.2
0.2

-0.1
-0.9
-2.1
-2.2
-16.2
-0.3
-0.9
-2.0
-3.9
-3.9
-3.9
-4.2
0.3
0.2
0.1
0.0
0.2
0.3
0.3
0.3
0.1

-0.2
0.1
-0.9
-1.2
-14.4
0.4
-0.2
0.4
0.1
0.0
0.7
-0.7
0.3
0.3
0.3
0.4
0.2
0.3
0.4
0.3
0.4

0.1
0.2
0.1
0.1
-2.4
0.4
0.3
0.0
0.0
0.8
-2.5
-3.4
0.2
0.3
0.3
0.2
0.4
0.4
0.5
0.3
0.2

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

1.129
0.821
5.974
67.708
19.365
16.632
13.485
3.147
0.775
0.475
0.300
1.958
4.909
1.303
0.879
0.105
0.319
3.606
2.327
1.878
0.449
0.217
1.062
43.434
37.806

2.2
3.2
2.0
3.2
4.1
3.9
2.8
8.5
5.6
3.7
8.8
5.7
2.3
2.7
2.7
2.7
2.8
2.2
2.1
2.2
1.7
2.3
2.4
3.0
3.1

0.9
0.3
0.3
0.7
1.2
1.2
1.0
2.2
1.2
0.4
2.4
1.4
0.6
-1.4
-1.4
-1.4
-1.4
1.3
1.5
1.4
1.7
1.5
1.0
0.4
0.5

0.2
0.1
0.5
0.1
-0.7
-0.6
-0.2
-2.5
-1.0
0.6
-3.4
-0.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.4
0.4

0.1
0.2
0.6
0.3
0.6
0.5
0.2
1.5
1.3
1.6
0.7
1.5
-1.0
-1.5
-1.5
-1.5
-1.6
-0.8
-0.9
-0.9
-1.0
-0.7
-0.6
0.3
0.3

0.0
0.9
0.3
-0.4
-0.5
-0.3
-0.1
-1.4
-1.6
-1.9
-1.2
-1.7
0.1
-1.8
-1.8
-1.7
-1.8
0.7
0.7
0.7
0.7
0.7
0.6
-0.3
-0.3

0.2
0.2
0.1
0.1
0.4
0.3
0.0
1.7
1.0
0.2
2.2
1.0
-0.2
-1.1
-1.1
-1.1
-1.1
0.1
0.1
0.1
0.0
-0.1
0.1
0.0
0.0

FD

42111

33.352

3.3

0.5

0.5

0.3

-0.2

0.0

FD

42112

4.454

1.8

0.1

-0.1

0.3

-0.8

0.2

FD

4212

2.838

2.7

0.5

0.3

-0.1

-0.3

0.2

FD

42121

2.673

2.8

0.5

0.4

0.0

-0.2

0.2

FD
FD
FD
FD
FD

42122
4213
43
431
432

0.165
2.790
2.606
1.806
0.800

0.7
1.4
2.0
1.7
2.6

0.1
-0.3
0.7
0.7
0.8

-0.7
0.9
0.1
0.0
0.1

-0.5
0.0
0.3
0.2
0.4

-1.5
-1.3
-0.5
-0.4
-0.5

0.0
-0.5
0.3
0.2
0.3

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

49101
49102

86.688
92.156

2.7
2.7

0.7
0.7

0.1
0.1

-0.1
-0.1

-0.2
-0.2

0.2
0.1

Special Groupings of Final Demand

See footnotes at end of table.

14

Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand
groupings, seasonally adjusted — Continued
[May 2025]
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.
20241

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

FD
FD

49103
49104

88.653
89.078

3.1
3.0

0.6
0.6

0.1
0.1

0.3
0.3

-0.2
-0.2

0.1
0.1

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

93.877
94.302
94.776
80.635
77.029
24.462
23.988
48.343
22.971
52.657
69.713
5.912
8.515
14.427
78.844

2.6
2.6
3.1
2.3
2.3
2.6
0.8
2.9
3.8
2.4
2.7
3.0
4.4
3.6
2.8

0.7
0.7
0.6
0.6
0.5
0.4
0.6
0.5
1.2
0.9
0.4
0.4
1.1
0.8
0.7

0.0
0.0
0.2
0.3
0.4
0.7
-0.1
0.4
-0.6
-0.1
0.4
0.2
-1.1
-0.5
0.1

0.0
0.0
0.1
-0.2
-0.2
-0.3
-0.6
0.2
0.4
-0.4
0.2
0.3
0.7
0.5
-0.1

-0.2
-0.2
-0.3
-0.2
-0.2
0.0
0.3
-0.3
-0.3
-0.1
-0.1
0.4
-1.0
-0.4
-0.2

0.1
0.1
0.1
0.1
0.1
0.2
0.2
0.0
0.4
0.3
0.1
0.3
0.8
0.5
0.2

FD
FD

49202
49203

69.869
70.290

3.1
3.1

0.6
0.6

0.1
0.1

0.3
0.3

-0.2
-0.2

0.1
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
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

73.996
74.417
74.717
19.394
15.267
14.967
57.644
8.050
18.959
41.012
38.685
14.947
38.353
13.312
7.183
6.129
7.844
3.109
3.935
2.086
2.326
5.518
63.897
14.303
10.176
9.876
7.628
49.594
50.412
48.534
55.343
41.858
39.980
29.666

2.7
2.7
3.2
1.4
3.0
0.6
3.3
4.4
3.7
3.0
3.1
3.6
2.5
2.0
1.2
3.0
2.2
0.8
3.2
3.5
1.6
2.4
2.6
0.9
3.1
-0.5
-1.3
3.1
2.5
2.5
3.0
3.1
3.1
1.8

0.6
0.6
0.6
0.6
0.4
0.4
0.7
1.0
1.2
0.5
0.4
0.8
0.9
0.5
0.6
0.4
1.1
1.7
0.7
0.8
1.3
1.0
0.6
0.6
0.4
0.4
0.5
0.7
0.6
0.5
0.6
0.4
0.4
0.8

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

0.0
0.0
0.1
-1.3
-0.5
-1.0
0.3
0.7
0.3
0.2
0.3
0.5
-0.5
0.1
0.0
0.3
-0.3
-1.0
0.1
0.3
-0.7
-0.2
-0.2
-1.8
-0.9
-1.6
-2.1
0.2
-0.3
-0.3
0.2
0.2
0.3
-0.8

-0.2
-0.2
-0.2
-0.1
-0.1
0.2
-0.3
-0.9
-0.2
-0.2
-0.3
-0.4
-0.1
-0.4
0.3
-1.1
-0.2
0.4
-0.5
-0.1
0.4
-0.4
-0.2
-0.2
-0.3
0.2
0.2
-0.2
-0.2
-0.2
-0.1
-0.1
-0.2
-0.1

0.2
0.2
0.1
0.4
0.3
0.4
0.1
0.7
0.3
0.0
0.0
0.6
0.3
0.0
-0.1
0.1
0.0
-0.4
0.3
0.5
-0.2
0.1
0.1
0.4
0.2
0.5
0.5
0.0
0.1
0.1
0.0
0.0
0.0
0.2

ID6
ID6
ID6
ID6
ID6
ID6
ID6

1
11
111
1111
1112
1113
112

100.000
43.591
26.680
4.621
11.894
10.165
16.911

1.9
3.1
3.7
7.3
0.6
5.7
2.2

1.0
0.5
0.5
1.0
1.3
-0.6
0.4

0.4
0.7
1.1
3.0
0.2
1.2
0.1

-0.1
0.8
1.1
0.0
0.1
2.9
0.3

0.3
0.3
0.3
-1.6
-0.7
2.2
0.4

0.1
0.6
0.7
0.7
-0.5
2.2
0.3

Intermediate Demand by Commodity Type
Processed goods
Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials and components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

See footnotes at end of table.

15

Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand
groupings, seasonally adjusted — Continued
[May 2025]
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.
20241

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

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

0.817
16.094
10.867
4.850
6.017
17.802
4.486
13.316
3.169
24.569
3.320
21.249
2.073
19.176

1.4
2.2
1.9
0.8
2.8
-2.4
1.4
-3.7
4.9
2.5
2.8
2.5
-0.2
2.8

0.4
0.4
0.2
0.2
0.2
3.6
2.6
3.9
0.3
0.6
0.6
0.6
0.3
0.6

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

0.4
0.3
0.6
0.3
0.9
-2.8
0.6
-3.9
0.3
0.1
0.5
0.0
-1.8
0.2

0.2
0.4
0.3
-0.3
0.7
0.4
0.4
0.4
1.0
0.3
0.6
0.3
0.0
0.3

-0.2
0.3
0.2
0.0
0.5
-1.2
-0.4
-1.5
1.0
0.2
-0.2
0.3
0.2
0.3

ID6
ID6
ID6
ID6
ID6

2
21
22
221
2211

100.000
39.339
60.660
48.612
45.931

-1.0
1.3
-2.5
-7.4
-8.1

5.8
2.4
8.0
6.4
6.7

0.2
4.0
-2.1
-1.3
-1.4

-3.9
-5.9
-2.6
-2.9
-3.1

-3.7
-3.8
-3.7
-2.7
-2.8

-1.6
0.1
-2.7
-0.1
-0.1

ID6
ID6
ID6
ID6

2212
222
2221
2222

2.681
12.048
0.995
11.053

7.1
29.3
6.2
32.3

1.4
14.2
6.4
14.9

0.6
-5.0
-0.1
-5.4

0.0
-1.3
-0.5
-1.3

0.4
-7.5
-2.6
-7.9

0.2
-13.2
-2.3
-14.2

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

3
33
331
332
32
321
3211
3212
322
3221

100.000
18.109
8.921
9.188
14.131
1.068
0.127
0.941
13.063
2.679

1.9
4.9
5.6
4.2
2.4
2.7
2.8
2.7
2.4
2.3

0.1
0.9
1.7
0.2
0.4
-1.4
-1.4
-1.4
0.5
1.3

0.0
0.4
0.3
0.4
0.1
0.0
0.0
0.0
0.1
0.1

0.4
2.7
3.5
2.0
-0.2
-1.5
-1.6
-1.5
-0.1
-0.6

-0.3
-2.3
-2.6
-2.0
0.3
-1.7
-1.8
-1.7
0.5
0.8

0.1
0.7
0.8
0.6
-0.1
-1.1
-1.1
-1.1
-0.1
0.3

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

10.384

2.4

0.3

0.1

0.0

0.4

-0.1

ID6

31

67.760

1.0

-0.2

-0.1

-0.2

0.2

-0.1

ID6

311

2.157

3.2

0.4

0.2

0.6

0.1

0.1

ID6

312

65.602

1.0

-0.2

-0.1

-0.2

0.2

-0.1

100.000

4.7

1.7

-0.3

2.5

0.0

0.1

9111
9112
9113
9118
9115
9116
9117
9211
9212
9213
9216

90.884
9.116
17.802
82.198
73.082
31.172
–
56.091
36.815
63.185
23.846

1.6
5.2
-2.4
2.9
2.6
3.8
2.5
-2.3
-6.6
2.1
3.2

1.1
0.8
3.6
0.5
0.4
0.8
1.0
8.4
12.3
2.0
1.3

0.2
2.1
-0.1
0.5
0.3
0.3
0.4
-2.1
-4.1
3.0
1.4

0.0
-0.5
-2.8
0.6
0.7
1.5
0.4
-2.7
-4.9
-3.3
1.1

0.5
-0.9
0.4
0.3
0.5
-1.2
-0.1
-3.9
-6.5
-2.0
0.8

0.1
0.5
-1.2
0.4
0.4
0.4
0.2
-2.3
-3.5
-0.5
-1.4

4
41
411

100.000
29.418
21.345

2.4
3.1
2.4

0.4
0.6
0.2

0.2
0.3
0.4

0.2
0.6
0.1

0.1
0.1
0.6

0.1
0.3
0.2

Construction
Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6

4

Special Groupings of Intermediate Demand by Commodity Type
Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed energy goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed materials less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Intermediate distributive services7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed goods plus intermediate distributive services. . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed materials less agricultural products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed energy materials8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed nonfood materials less energy9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

Intermediate Demand by Production Flow
Stage 4 Intermediate Demand
Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5
Inputs to stage 4 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5

See footnotes at end of table.

16

Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand
groupings, seasonally adjusted — Continued
[May 2025]
Commodity
code
Grouping
Group
code

Item
code

Relative
Importance
Dec.
20241

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .

ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5

4111
4112
4113
412
4123
4122
41221
41222
4121
42
421
4211
4212
4213
422
4223
4222
42221
42222
4221
423
43
431
4312
4313
432
4323
4322
43221
43222
4321

2.948
0.155
18.242
8.073
6.051
0.491
0.079
0.412
1.531
56.179
13.537
2.319
3.884
7.334
42.588
4.177
3.850
0.500
3.350
34.561
0.054
14.402
10.519
0.706
9.813
3.883
1.649
0.653
0.016
0.637
1.581

1.2
11.5
2.5
5.0
5.6
2.2
2.8
2.1
3.4
2.1
2.3
4.1
1.6
2.2
2.0
3.6
2.5
2.8
2.5
1.8
4.7
2.1
1.6
-10.8
2.7
3.6
5.6
1.9
2.8
1.9
2.3

-0.6
4.6
0.3
1.7
2.1
0.8
-1.4
1.2
0.4
0.3
0.9
0.9
1.1
0.8
0.0
0.3
0.5
-1.4
0.7
0.0
1.7
0.7
0.4
2.9
0.2
1.4
2.5
1.5
-1.4
1.6
0.2

0.9
5.5
0.2
0.2
0.1
0.0
0.0
0.0
0.4
0.2
0.4
0.2
0.9
0.2
0.1
0.7
0.3
0.0
0.3
0.0
-0.3
0.0
0.0
-3.6
0.3
0.2
0.2
0.0
0.0
0.0
0.3

-2.1
-1.2
0.5
2.0
2.5
-0.5
-1.6
-0.3
0.6
-0.1
-0.3
-0.9
-0.9
0.2
0.0
1.5
-0.2
-1.5
0.0
-0.2
2.5
0.5
0.1
-8.1
0.8
1.4
3.6
-0.9
-1.6
-0.9
0.2

0.0
-0.7
0.7
-1.2
-1.7
0.2
-1.8
0.5
0.1
0.1
0.6
0.0
1.3
0.4
0.0
-1.5
-0.1
-1.8
0.2
0.2
0.0
-0.2
0.1
-1.9
0.3
-1.1
-3.2
0.7
-1.8
0.8
0.4

-1.1
2.6
0.4
0.3
0.4
-0.2
-1.1
0.0
0.2
-0.1
0.1
0.6
-0.5
0.2
-0.1
0.3
-0.9
-1.1
-0.8
-0.1
0.1
0.4
0.3
0.3
0.3
0.7
1.5
0.0
-1.1
0.0
0.1

Stage 3 Intermediate Demand
Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 3 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Inputs to stage 3 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 3 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .

ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5

3
31
311
3111
3112
3113
312
3123
3122
31221
31222
3121
32
321
3211
3212
3213
322
3223
3222
32221
32222
3221
323
33
331
3313
332
3323
3322
33222
3321

100.000
44.060
34.340
11.073
1.072
22.195
9.720
5.353
2.892
0.154
2.738
1.475
54.776
9.233
0.085
5.145
4.003
44.922
2.796
10.883
0.021
10.862
31.243
0.621
1.165
0.573
0.573
0.592
0.545
0.016
0.016
0.031

1.4
3.0
2.5
3.5
1.7
2.1
4.6
6.6
1.7
2.8
1.7
3.1
0.1
-4.7
-1.6
-9.2
1.5
1.2
4.0
2.2
0.1
2.2
0.5
4.7
2.6
1.9
1.9
3.2
3.3
1.1
1.1
2.6

1.0
1.6
1.6
3.5
6.6
0.3
1.7
2.2
1.6
-1.4
1.8
0.3
0.6
3.8
-0.2
6.4
0.4
0.0
-0.1
-0.1
-0.1
-0.1
0.0
1.7
0.0
0.1
0.1
-0.1
-0.2
1.5
1.5
0.4

0.5
1.5
1.9
5.2
0.8
0.3
0.1
0.2
0.1
0.0
0.1
0.2
-0.4
-0.5
-0.7
-1.1
0.2
-0.3
0.9
0.1
0.0
0.1
-0.6
-0.3
0.3
0.3
0.3
0.3
0.3
0.1
0.1
0.1

-0.5
-0.5
-1.4
-6.1
-3.3
1.2
2.8
5.3
-0.9
-1.6
-0.8
0.8
-0.5
-2.7
-0.4
-5.1
0.5
0.0
1.3
0.2
-0.1
0.2
-0.2
2.5
0.9
0.8
0.8
0.9
1.0
-0.5
-0.5
0.6

-0.5
-1.5
-1.4
-5.9
-0.6
0.8
-2.0
-3.8
0.4
-1.8
0.5
0.5
0.3
0.0
0.0
-0.1
0.2
0.3
-2.0
0.3
-0.1
0.3
0.6
0.0
-0.5
0.6
0.6
-1.4
-1.6
-0.1
-0.1
1.1

0.1
0.4
0.3
0.1
-1.6
0.5
0.7
1.4
-0.1
-1.1
-0.1
0.1
-0.2
-1.7
0.8
-3.1
0.1
0.1
0.6
-0.2
-0.1
-0.2
0.2
0.1
0.7
-0.1
-0.1
1.4
1.6
-0.4
-0.4
-0.2

Stage 2 Intermediate Demand

See footnotes at end of table.

17

Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand
groupings, seasonally adjusted — Continued
[May 2025]
Commodity
code
Grouping
Group
code

Item
code

Relative
Importance
Dec.
20241

Unadjusted
12-month
percent
change2
May 2024
to
May 2025p

Seasonally adjusted 1-month percent change2

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 2 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5

2
21
211
2111
2112
2113
212
2123
2122
21221
21222
2121
213
22
221
2211
2212
2213
222
2223
2222
22221
22222
2221
223

100.000
50.286
35.426
3.567
16.286
15.573
14.565
5.829
4.803
0.185
4.618
3.933
0.295
49.714
5.148
0.051
0.297
4.800
43.581
2.448
2.930
0.430
2.500
38.203
0.985

0.0
-0.3
-1.8
-1.9
-6.4
3.4
3.3
4.8
4.1
2.6
4.1
0.3
4.7
0.3
1.8
3.0
-3.3
2.2
0.0
5.9
-1.5
2.8
-2.1
-0.2
4.7

1.9
4.4
6.1
1.5
12.4
0.6
0.1
0.2
0.7
-1.3
0.8
-0.6
1.7
-0.5
1.0
0.9
5.1
0.7
-0.8
-2.5
-0.2
-1.4
0.0
-0.7
1.7

-0.7
-1.2
-1.7
-0.9
-4.2
1.1
0.0
0.0
0.1
0.0
0.1
-0.3
-0.3
-0.1
0.2
0.6
-0.5
0.2
-0.1
0.5
0.1
0.0
0.1
-0.1
-0.3

-0.6
-1.1
-2.3
-2.4
-5.0
0.8
1.8
4.5
-0.1
-1.5
0.0
0.0
2.5
0.0
-0.1
-1.9
-4.1
0.2
-0.1
0.8
0.0
-1.5
0.3
-0.1
2.5

-0.9
-2.0
-2.6
1.3
-6.2
0.5
-0.7
-3.1
1.1
-1.7
1.2
0.7
0.0
0.2
0.3
-0.5
0.2
0.4
0.2
-0.4
-0.2
-1.8
0.1
0.3
0.0

-0.6
-0.9
-1.4
1.0
-3.3
-0.1
0.2
0.1
1.0
-1.0
1.0
-0.5
0.1
-0.3
0.1
-1.0
-1.8
0.2
-0.3
0.3
-0.2
-1.1
0.0
-0.4
0.1

Stage 1 Intermediate Demand
Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 1 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 1 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 1 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .

ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5
ID5

1
11
111
1111
1112
1113
112
1123
1122
11221
11222
1121
113
12
121
1211
1212
1213
122
1223
1222
12221
12222
1221
123
13
131
1312
1313
132
1323
1322
13222
1321

100.000
31.711
22.595
2.631
3.260
16.704
9.115
5.427
0.613
0.110
0.503
3.075
0.001
55.500
15.818
0.083
4.663
11.072
39.679
3.839
4.652
1.424
3.228
31.188
0.003
12.789
9.148
0.649
8.499
3.641
2.758
0.784
0.784
0.099

2.2
2.7
1.9
-3.8
3.5
2.5
4.6
5.9
0.9
2.8
0.5
3.0
4.7
1.9
1.3
108.1
-3.5
2.8
2.1
4.3
3.6
2.8
3.9
1.6
4.7
2.1
1.7
-6.5
2.4
3.1
3.5
1.7
1.7
3.7

0.9
1.1
1.0
1.0
4.0
0.5
1.2
1.8
0.7
-1.4
1.2
0.2
1.7
0.7
1.5
14.3
3.9
0.3
0.4
0.4
-0.3
-1.4
0.2
0.5
1.7
1.0
1.2
8.8
0.6
0.6
0.4
1.7
1.7
-0.1

0.2
0.9
0.9
-1.0
2.6
0.8
0.7
0.6
0.4
0.0
0.4
1.0
-0.3
-0.1
0.4
56.0
-0.6
0.3
-0.3
0.9
0.0
0.0
0.0
-0.5
-0.3
0.0
0.0
-2.3
0.2
0.0
0.0
0.0
0.0
0.6

0.2
1.1
0.4
-1.5
-1.3
1.1
2.9
4.5
-1.2
-1.6
-1.2
0.9
2.5
-0.4
-0.5
10.6
-2.6
0.3
-0.4
0.8
-0.6
-1.6
-0.2
-0.5
2.5
0.5
0.2
-3.9
0.6
1.2
1.9
-1.1
-1.1
0.4

-0.1
-0.4
0.6
0.6
0.4
0.6
-2.7
-3.7
-0.2
-1.8
0.2
-1.2
0.0
0.2
0.1
-23.1
0.0
0.4
0.3
-1.4
-0.3
-1.8
0.3
0.6
0.0
-0.4
-0.1
-1.8
0.1
-1.3
-2.0
0.8
0.8
0.6

0.2
0.3
0.1
-2.7
-0.8
0.7
0.7
1.3
-0.7
-1.1
-0.6
-0.1
0.1
0.1
0.1
7.8
-1.4
0.6
0.2
0.5
-0.4
-1.1
-0.1
0.2
0.1
0.5
0.2
-1.9
0.3
1.2
1.6
0.0
0.0
-0.2

ID5
ID5
ID5
ID5

9411
9412
9413
9414

45.401
54.544
0.054
5.267

2.2
2.6
4.7
2.5

0.5
0.4
1.7
0.0

0.3
0.1
-0.3
0.6

0.0
0.4
2.5
-1.6

0.5
-0.3
0.0
0.0

0.2
0.0
0.1
-0.4

Special Groupings of Intermediate Demand by Production Flow
Total
Total
Total
Total

goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
services inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . .
construction inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . .
foods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

See footnotes at end of table.

18

Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand
groupings, seasonally adjusted — Continued
[May 2025]
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.
20241
4.745
35.389
44.146
55.234
0.621
11.158
6.217
26.771
40.574
58.146
1.280
3.618
16.583
20.373
47.561
52.435
0.004
2.714
8.572
36.275

Unadjusted
12-month
percent
change2

Seasonally adjusted 1-month percent change2

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

-0.2
2.5
1.0
1.8
4.7
3.4
-7.3
2.0
-1.3
0.8
4.7
-1.9
-6.4
3.1
1.7
2.6
4.7
-1.1
-1.2
2.6

1.5
0.4
2.0
0.3
1.7
3.5
6.4
0.3
5.5
-0.5
1.7
1.5
12.3
0.7
1.2
0.6
1.7
1.4
4.3
0.5

0.3
0.2
1.4
-0.2
-0.3
5.1
-0.7
0.3
-1.5
-0.1
-0.3
-0.9
-4.1
0.9
0.5
-0.1
-0.3
1.0
0.5
0.5

-2.0
0.5
-1.7
0.5
2.5
-6.1
-4.8
1.1
-2.0
0.4
2.5
-2.4
-5.0
0.6
0.1
0.3
2.5
-0.9
-2.2
0.7

0.7
0.5
-1.1
-0.1
0.0
-5.9
-0.2
0.7
-2.2
0.0
0.0
1.3
-6.1
0.4
0.3
-0.4
0.0
-0.8
0.0
0.4

-0.3
0.4
-0.1
0.2
0.1
0.1
-2.8
0.4
-1.2
-0.2
0.1
1.0
-3.3
0.0
0.1
0.3
0.1
-2.2
-1.2
0.6

Comprehensive relative importance figures are initially computed after the publication of December indexes and are recalculated after final December indexes are available. Individual
items and subtotals may not add exactly to totals because of rounding differences.
All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally
adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January.
3
PPI defines Total finished as including only the personal consumption and private capital investment portions of final demand.
4
Trade indexes measure changes in margins received by wholesalers and retailers.
5
The PPI definition of foods does not include food and beverages for immediate consumption. PPI defines food and beverages for immediate consumption as the service of preparing
meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption.
6
Distributive services include transportation, warehousing, and trade of goods.
7
Includes intermediate trade, transportation, and warehousing services.
8
Includes crude petroleum.
9
Excludes crude petroleum.
p Preliminary
″-″ Data not available.
2

19

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted
[May 2025]
Commodity
code
Grouping
Group
code

Item
code

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

2.6
1.3
3.5
1.4
-20.4
-10.1
125.0
-9.7
1.1
-5.2
-4.8
10.1
-1.7
5.8
23.1
4.3
-0.2
1.5
13.0
1.6
32.5
4.2
0.5
-4.4
-2.7
2.6
15.1
-14.8
-12.7
-8.8
2.4
0.0
0.4
-0.8
1.9
0.5
1.7
-2.5
-0.4
0.4
0.4
1.0
0.6
1.1
1.3
-5.5
0.8
2.0
2.7
2.5
2.6
6.8
3.9
3.0
0.0
1.2
1.0
3.0
5.4
0.1
1.3
2.0
1.5
3.3

0.7
0.7
1.0
-13.7
-22.3
3.7
44.0
4.0
0.2
-0.8
0.3
5.7
-3.5
-0.3
1.7
1.9
0.6
0.6
0.6
0.9
1.1
-0.2
0.4
2.0
15.6
-0.3
3.6
0.5
6.5
10.5
0.2
-0.2
0.2
0.0
-0.1
-0.2
0.3
2.8
-2.1
0.2
0.2
0.6
0.6
0.0
0.1
-4.0
0.0
0.0
2.3
0.0
0.0
3.3
1.0
-0.1
0.0
0.7
-0.6
0.1
1.0
-1.0
0.1
0.0
0.2
2.2

0.1
0.3
1.8
4.0
6.0
-1.2
28.1
-3.9
0.4
0.1
0.0
-1.8
10.8
-4.2
8.6
-2.8
-0.1
0.1
0.9
-0.6
-0.2
-0.1
0.5
-1.4
-6.0
0.5
1.5
-4.9
-9.9
-3.8
0.3
0.0
0.4
-0.3
0.0
0.2
0.7
0.1
0.1
0.0
0.0
0.0
0.2
0.2
0.1
6.2
0.1
0.2
-0.1
0.7
0.8
0.0
0.2
0.0
0.0
0.4
0.9
0.0
0.1
-0.3
-0.2
0.0
0.0
0.1

-0.1
-0.9
-2.1
-12.2
-7.7
-1.6
-21.3
-3.0
0.3
-0.4
0.0
-4.4
-1.8
1.8
5.2
0.8
-1.1
-0.3
0.5
0.8
2.9
-1.6
0.3
-3.9
-6.9
0.5
2.3
-10.6
-5.0
-5.5
0.3
-0.2
0.0
0.0
0.1
0.3
0.0
-0.9
0.1
-0.2
0.0
-0.2
0.3
-0.2
0.8
0.2
0.1
0.1
0.0
0.0
0.0
0.3
0.0
0.1
0.0
0.1
-0.4
0.9
0.4
0.6
0.4
1.0
0.1
0.0

-0.2
0.1
-0.9
0.0
0.8
0.0
-39.3
3.3
0.3
-0.5
0.0
1.7
-2.6
-1.6
5.2
-0.4
-1.2
-0.1
2.2
-0.5
1.9
0.0
-0.1
0.1
-0.4
1.8
1.3
-2.0
-7.6
-2.3
0.3
-0.1
0.0
0.0
0.1
0.0
0.1
-2.0
0.1
0.0
0.0
0.1
-0.2
0.1
-0.1
-0.9
0.3
0.8
0.0
0.0
0.0
0.9
0.8
0.7
0.0
0.0
0.2
0.4
1.4
-0.2
0.1
0.0
0.2
0.5

0.1
0.2
0.1
-4.1
-1.1
-8.1
1.4
4.0
-0.1
-1.0
-0.1
-0.5
-6.1
5.1
2.9
0.5
-0.6
0.1
1.8
0.8
10.0
3.7
0.2
0.0
-1.1
0.2
1.3
1.6
3.5
-2.5
0.2
0.1
0.0
-0.7
0.7
0.0
0.0
-1.4
0.0
0.0
0.1
0.0
0.0
0.0
-0.1
-7.9
-0.1
0.7
0.0
0.0
0.0
0.6
1.0
1.3
0.0
0.1
-0.4
0.0
0.4
0.2
0.3
0.0
0.0
0.0

Final Demand
Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fresh fruits and melons2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fresh and dry vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Eggs for fresh use2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bakery products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Milled rice2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pasta products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Beef and veal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed young chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed turkeys2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Finfish and shellfish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dairy products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed fruits and vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Confectionery end products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Soft drinks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Roasted coffee2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Shortening and cooking oils2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Frozen specialty food2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Natural gas liquids2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residential electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residential natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Home heating oil and distillates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alcoholic beverages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pet food2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Women’s, girls’, and infants’ apparel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Men’s and boys’ apparel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textile housefurnishings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Footwear2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Soaps and detergents2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cleaning and polishing products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cosmetics and other toiletries2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tires2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consumer, institutional, and commercial products, n.e.c.2. . . . . . . . . . . . . . . .
Sanitary paper products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Agricultural machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Construction machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal cutting machine tools2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal forming machine tools2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tools, dies, jigs, fixtures, and industrial molds2. . . . . . . . . . . . . . . . . . . . . . . . . .
Pumps, compressors, and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial material handling equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Electronic computers and computer equipment2. . . . . . . . . . . . . . . . . . . . . . . . .
Textile machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper industries machinery2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Printing trades machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transformers and power regulators2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Communication and related equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
X-ray and electromedical equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Oil field and gas field machinery2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mining machinery and equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

FD
FD
FD
01
01
01
01
01
02
02
02
02
02
02
02
02
02
02
02
02
02
02
02
FD
05
05
05
05
05
05
FD
02
02
03
03
03
04
06
06
06
06
06
07
07
09
10
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11

4
41
411
11
13
2
7107
8301
11
13
1402
2101
2104
2203
2206
23
3
4
55
62
6301
78
85
412
32
41
51
71
7302
7303
413
61
9402
8106
8107
82
3
1
38
71
72
75
1201
2B
1501
12
1
2
37
38
39
41
44
5
62
64
65
74
76
78
7905
91
92
94

See footnotes at end of table.

20

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[May 2025]
Commodity
code
Grouping
Group
code
Household furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Floor coverings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Household appliances2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Home electronic equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lawn and garden equipment excl. garden tractors2. . . . . . . . . . . . . . . . . . . . . .
Passenger cars. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Light motor trucks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Heavy motor trucks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Motor vehicles parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Truck trailers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Travel trailers and campers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Aircraft. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Ships2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Railroad equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Toys, games, and children’s vehicles2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sporting and athletic goods2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cigarettes2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mobile homes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Medical, surgical & personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Jewelry, platinum and karat gold2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Costume jewelry and novelties2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand trade services3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . .
Machinery and vehicle wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Professional and commercial equipment wholesaling2. . . . . . . . . . . . . . . . . . . .
Furnishings wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Apparel wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food and alcohol wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food and alcohol retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Health, beauty, and optical goods retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Apparel, jewelry, footwear, and accessories retailing. . . . . . . . . . . . . . . . . . . . .
Computer hardware, software, and supplies retailing2. . . . . . . . . . . . . . . . . . . .
TV, video, and photographic equipment and supplies retailing. . . . . . . . . . . .
Automobiles retailing (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Automotive parts, including tires, retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RVs, trailers, and campers retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sporting goods, including boats, retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lawn, garden, and farm equipment and supplies retailing2. . . . . . . . . . . . . . .
Furniture retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Flooring and floor coverings retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hardware, building materials, and supplies retailing. . . . . . . . . . . . . . . . . . . . . .
Major household appliances retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fuels and lubricants retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cleaning supplies and paper products retailing2. . . . . . . . . . . . . . . . . . . . . . . . . .
Book retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . .
Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Air transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . .
Rail transportation of passengers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

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

2.5
4.0
1.3
0.8
7.4
0.5
1.3
2.1
2.0
0.7
1.7
0.6
2.4
3.0
0.7
2.2
-0.5
11.3
1.1
1.6
8.1
6.6
3.2
4.1
5.3
10.4
1.1
1.2
-0.7
4.4
3.1
4.9
2.0
1.3
0.1
66.2
0.6
5.6
12.4
2.5
-9.6
3.3
-8.6
-0.3
1.1
10.1
9.2
2.6
4.7
2.3
2.1
1.8
1.9
5.0
0.0
2.8
3.0
6.3
7.7
-0.7

0.1
0.4
1.6
0.5
0.0
0.1
-0.1
0.0
0.0
0.3
0.4
0.0
0.1
1.0
-0.2
0.0
-1.3
0.0
0.3
1.0
0.3
1.0
0.7
1.2
3.1
2.7
0.6
-0.1
-4.3
-1.5
0.1
0.5
2.6
5.2
-1.0
-2.7
-3.4
10.3
-2.3
1.8
11.3
0.1
4.8
-2.5
-1.2
1.2
-10.0
2.3
-2.7
0.6
1.4
1.7
-1.5
-0.6
0.0
-1.4
0.4
0.8
3.0
2.3

0.7
0.6
-0.5
0.2
0.0
0.0
0.3
0.2
0.3
0.0
0.6
-0.4
0.3
0.0
0.3
0.0
0.4
2.6
-0.1
0.1
2.7
0.0
0.1
-0.7
0.4
-4.2
-0.1
0.0
3.1
-0.1
-1.6
-0.9
-1.7
0.1
0.5
0.3
-0.9
-0.1
5.5
3.3
-2.8
-0.7
-7.1
10.5
-1.0
-6.0
-0.1
-0.7
0.2
0.0
-0.1
0.0
-0.1
-0.1
0.0
0.0
0.4
-0.4
0.2
-1.2

0.2
0.1
-0.2
0.1
0.0
0.0
-0.2
0.4
0.3
0.1
0.2
0.5
0.3
0.4
-0.2
0.0
0.1
0.0
-0.1
-0.1
-0.2
1.5
0.3
0.6
-1.0
0.6
1.0
0.1
0.7
1.3
3.2
6.7
-1.1
-4.5
-1.5
19.2
-8.9
5.4
-4.1
-7.8
3.3
-0.3
-5.5
2.5
0.6
14.0
1.1
-0.3
-0.2
-1.0
0.1
-1.1
-0.1
0.2
0.0
-1.6
0.3
1.9
-0.1
0.6

-0.3
1.3
0.1
0.4
7.3
0.0
0.2
-0.2
0.0
0.3
0.4
0.0
0.3
0.3
0.0
1.8
0.0
2.1
-0.4
0.2
3.1
1.2
-0.4
-0.5
0.9
-0.9
-2.3
-0.1
-2.5
-0.3
-2.2
-3.8
1.6
0.2
1.3
-13.4
1.6
6.1
2.3
18.1
-1.5
-2.2
9.9
-8.0
-2.1
-3.9
1.5
0.2
0.9
0.1
0.0
0.9
1.8
0.2
0.0
-1.8
-0.3
0.5
0.2
1.0

0.6
0.3
0.0
0.7
0.0
0.4
-0.1
0.2
0.0
0.2
0.0
0.0
0.1
0.0
1.3
0.0
0.3
0.8
-0.4
0.1
-0.1
0.4
0.1
0.4
0.0
2.9
-0.9
0.0
0.8
0.9
-1.2
-0.6
0.1
0.1
0.8
4.4
0.8
-0.5
1.5
-0.4
-9.0
0.4
-8.2
1.0
2.3
-0.1
0.0
-2.3
1.5
-0.2
0.1
0.1
-1.1
0.1
0.0
-1.1
0.0
0.3
2.0
-2.1

36
37
37
37
37

1
11
2
3
4

-0.1
-0.4
-0.1
6.6
5.1

1.0
0.0
0.1
0.2
0.3

-0.1
0.0
-0.1
-0.4
0.8

0.2
0.0
0.1
0.9
-0.1

0.0
0.0
0.1
-0.5
-0.4

0.0
0.1
-0.7
1.4
0.5

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
[May 2025]
Commodity
code
Grouping
Group
code
Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . .
Consumer loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other credit intermediation, incl. trust services (partial)2. . . . . . . . . . . . . . . . . .
Securities brokerage, dealing, investment advice, and related services2. . .
Portfolio management2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Life insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Disability insurance, including accidental death2. . . . . . . . . . . . . . . . . . . . . . . . .
Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Property and casualty insurance2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annuities2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residential property sales and leases, brokerage fees and commissions.. .
Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tax preparation and planning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Management, scientific, and technical consulting services2. . . . . . . . . . . . . . .
Arrangement of flights (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Arrangement of vehicle rentals and lodging2. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Arrangement of cruises and tours2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Physician care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Medical laboratory and diagnostic imaging care2. . . . . . . . . . . . . . . . . . . . . . . . .
Home health and hospice care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hospital outpatient care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dental care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hospital inpatient care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nursing home care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food and beverages for immediate consumption services (partial)2. . . . . . .
Motor vehicle repair and maintenance (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . .
Membership dues and admissions and recreation facility use fees
(partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recreational activity instruction fees (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gaming receipts (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mining services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
New warehouse building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
New school building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
New office building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
New industrial building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
New health care building construction2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Item
code

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

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

2.7
-16.2
15.3
-0.6
-2.2
8.7
1.1
-0.1
4.8
6.2
5.2
3.4
-1.5
7.2
-5.7
2.2
-0.3
-6.5
-1.1
-2.7
2.1
1.0
4.9
3.9
2.0
3.0
4.0
1.1
2.5
8.2

2.9
2.9
0.5
0.1
-1.5
0.3
0.0
-0.1
1.8
0.1
0.0
0.3
1.0
1.3
0.2
0.2
-1.4
-5.2
-1.9
-0.1
-0.3
0.7
-0.2
0.0
1.1
-0.3
0.5
4.4
0.3
2.4

1.2
-2.3
2.2
0.9
-0.4
8.1
0.0
0.0
0.2
0.3
1.0
0.2
-4.2
0.0
0.0
0.3
2.7
0.1
-0.1
1.4
0.1
0.0
0.3
0.5
0.0
0.8
0.1
-3.2
0.1
0.4

-1.1
-1.5
-1.8
0.0
0.3
0.0
0.0
0.0
0.1
1.2
1.1
0.4
-2.0
1.3
-0.8
0.0
0.2
-0.3
0.0
-1.2
0.5
0.0
0.0
0.6
0.1
0.7
0.3
-0.9
1.2
0.9

-2.7
4.0
-0.9
0.1
1.9
-7.1
0.1
0.0
0.3
0.1
0.0
0.1
-0.1
0.1
1.1
0.4
-2.6
-1.0
0.0
-0.6
0.1
0.2
0.2
0.6
0.0
0.4
0.4
-0.6
0.4
0.3

1.2
0.6
-0.1
-4.0
-2.0
-1.0
0.0
0.0
0.2
0.2
0.0
0.5
2.1
0.1
0.6
0.3
0.4
0.8
-0.3
-0.9
0.2
0.2
0.0
-0.3
0.0
0.0
0.2
1.4
-0.6
0.7

56
56
56
60
FD
80
80
80
80
80

1
2
3
1
43
1101
1102
1103
1104
1105

4.4
7.2
-1.6
0.0
2.0
-0.2
2.3
2.8
0.3
3.1

3.1
0.5
1.0
0.1
0.7
0.0
0.6
0.6
0.2
2.0

1.2
0.0
-0.7
0.0
0.1
0.0
0.2
-0.3
0.2
0.5

0.8
0.0
3.2
1.9
0.3
0.2
0.0
0.1
0.0
0.5

-1.2
0.0
-0.4
-1.8
-0.5
-0.2
-0.6
-0.6
-0.4
-0.4

-1.4
0.0
-3.0
-0.4
0.3
0.0
0.4
0.4
0.4
0.0

ID6
ID6
02
02
02
02
02
02
02
ID6
03
03
03
05
05
05
05
05
05
05
05
05
05

1
9112
21
22
3
4
53
7
9
9111
1
2
4
32
42
43
52
53
54
71
7203
7303
74

1.9
5.2
6.0
3.6
-0.2
1.5
-6.5
0.3
-0.1
1.6
-9.0
0.0
2.8
-2.7
2.9
3.8
14.9
13.9
6.7
-14.8
-17.5
-8.8
-22.1

1.0
0.8
2.0
-1.1
0.6
0.6
-0.3
-1.7
0.3
1.1
2.4
0.1
0.3
15.6
0.3
-0.9
2.9
6.4
5.1
0.5
8.2
10.5
-0.4

0.4
2.1
2.1
-2.0
-0.1
0.1
-1.2
-0.1
0.8
0.2
-2.7
-0.3
0.5
-6.0
2.2
-0.6
2.5
-1.9
4.6
-4.9
2.5
-3.8
4.9

-0.1
-0.5
-2.5
0.5
-1.1
-0.3
-2.1
-1.9
-1.5
0.0
-1.1
0.6
0.6
-6.9
-1.3
2.6
5.2
4.7
-1.6
-10.6
-8.6
-5.5
-3.4

0.3
-0.9
0.3
2.0
-1.2
-0.1
-0.9
-0.1
0.2
0.5
0.9
-0.2
0.6
-0.4
1.8
1.4
4.5
5.6
2.3
-2.0
3.2
-2.3
1.6

0.1
0.5
-1.6
3.8
-0.6
0.1
-0.3
3.3
0.3
0.1
-5.1
0.6
0.2
-1.1
-0.6
0.4
-2.3
-3.6
-3.7
1.6
-8.2
-2.5
-10.9

Intermediate Demand by Commodity Type
Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dairy products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed fruits and vegetables2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Refined sugar and byproducts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fats and oils2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Synthetic fibers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed yarns and threads2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Finished fabrics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Natural gas liquids2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Natural gas to electric utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Jet fuel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residual fuels2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

See footnotes at end of table.

22

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[May 2025]
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 products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hardware2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Plumbing fixtures and brass fittings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Heating equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bolts, nuts, screws, rivets, and washers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lighting fixtures2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fabricated ferrous wire products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fluid power equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mechanical power transmission equipment2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal valves, except fluid power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Ball and roller bearings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Wiring devices2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Motors, generators, motor generator sets2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Switchgear, switchboard, and industrial controls equip.2. . . . . . . . . . . . . . . . . . . .
Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Internal combustion engines2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machine shop products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Flat glass2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Asphalt felts and coatings2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Motor vehicle parts2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

05
05
05
06
06
06
06
06
06
06
06
06
06
06
06
06
07
07
07
07
07
07
08
08
08
08
09
09
09
09
09
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
11
11
11
11
11
11
11
11
11
11
11
13
13
13
13
13
14
14

Item
code
76
78
8102
13
14
21
22
31
37
4
5201
5202
53
6
7903
7904
1102
1201
21
22
26
2A
11
12
2
3
13
14
1503
2
47
15
17
22
24
2501
2502
26
28
3
4
5
6
7
81
83
88
89
43
45
48
4902
4905
71
73
75
78
94
95
11
22
3
6
94
12
23

See footnotes at end of table.

23

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

-0.5
-19.8
-9.7
3.3
-3.9
1.5
5.8
0.4
2.7
5.6
8.5
13.2
-0.4
1.3
12.0
3.3
4.9
0.6
-1.6
0.9
0.5
0.8
9.1
6.0
0.0
-2.0
1.3
7.3
6.2
-21.6
2.9
0.7
8.8
17.3
10.9
8.8
-1.3
1.2
3.2
4.5
4.4
5.0
5.1
4.8
5.6
3.6
5.3
2.0
4.9
5.8
2.2
7.4
3.2
2.0
6.4
9.0
0.1
3.3
1.8
-0.6
1.9
2.5
1.9
0.7
0.7
2.3

-0.3
0.1
6.8
1.0
3.3
0.2
-0.7
0.1
-0.1
0.5
0.4
0.5
0.0
0.5
10.0
0.0
0.3
0.6
0.1
0.5
0.4
1.0
-4.7
1.2
-0.3
-0.9
-0.6
0.8
0.3
-4.1
0.7
0.7
-1.9
0.8
-1.3
0.1
1.3
0.4
1.9
0.4
0.1
1.2
0.3
0.5
0.3
0.3
0.0
0.4
0.0
0.8
-0.6
0.5
0.4
0.0
0.7
0.1
-1.0
2.2
0.2
0.6
-1.6
0.3
-0.2
4.1
0.3
0.7

-0.1
-4.3
-4.9
0.4
0.0
0.2
0.9
0.0
0.1
0.8
3.5
-0.7
0.0
1.0
1.2
0.3
0.4
0.2
-1.0
-0.1
-0.7
-0.3
-1.9
0.8
0.0
1.9
1.0
0.0
0.2
-0.3
0.3
0.6
2.8
4.9
2.4
1.1
1.8
1.7
0.3
0.3
0.8
-0.2
0.1
0.8
0.2
0.2
0.0
0.0
0.5
0.5
0.6
0.8
0.0
0.3
0.1
0.0
-0.3
0.1
0.0
0.1
0.2
-0.1
-0.7
0.1
0.0
-0.1

0.3
2.4
-7.4
0.7
-1.3
-0.1
2.0
0.0
0.4
1.8
3.6
-0.3
-0.4
0.8
-1.9
0.7
7.4
0.3
0.0
0.2
0.0
0.2
3.2
1.3
-0.7
1.8
0.4
0.6
0.2
0.8
-0.2
0.2
6.8
6.4
2.2
4.8
-4.6
3.0
0.3
0.6
0.2
0.3
0.1
1.7
0.2
0.4
1.3
0.2
0.1
0.4
-0.3
0.0
-0.2
0.1
0.0
1.9
0.6
0.0
0.2
0.1
0.7
-0.1
-0.2
0.9
0.1
-0.1

-0.4
-1.3
-0.9
0.3
-2.5
0.4
-2.8
0.1
0.0
-1.9
-0.9
0.7
0.2
-0.2
5.7
0.5
-1.2
-0.2
0.5
0.4
0.0
0.1
2.8
0.4
0.0
-1.0
0.4
1.1
1.2
-4.5
0.4
0.4
5.6
-3.1
4.0
1.7
1.7
3.6
0.5
1.1
0.5
1.9
1.6
0.5
0.4
0.9
0.2
0.3
0.3
1.3
1.5
1.4
1.0
2.5
0.5
1.7
-0.2
0.5
0.7
-1.9
0.3
0.2
-0.4
-4.5
0.3
0.1

-0.1
-5.2
-6.9
0.5
-1.8
0.3
2.1
0.1
0.3
3.8
3.9
3.3
-0.9
-1.3
0.0
0.6
-1.2
0.0
0.0
-0.7
0.0
0.1
-4.4
0.5
0.0
0.2
-0.5
0.6
1.0
-5.3
0.4
0.1
7.1
4.6
-0.8
-3.6
-1.3
-1.6
0.0
2.1
1.6
1.0
2.6
0.1
2.3
0.9
-0.2
0.2
0.8
0.6
0.5
3.3
0.0
2.1
0.3
1.9
0.2
0.0
0.0
0.2
0.5
0.5
3.1
-1.8
0.2
0.2

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[May 2025]
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
May 2024
to
May 2025p

Seasonally adjusted 1-month percent change1

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

2.2
1.6

0.7
1.0

-0.1
0.1

0.4
-0.1

0.0
0.2

0.2
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Coal2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Natural gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Crude petroleum2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Logs, bolts, timber, pulpwood, and woodchips2. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recyclable paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Iron ores2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonferrous metal ores2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Copper base scrap2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Aluminum base scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ID6
ID6
01
01
01
01
01
01
01
01
01
02
ID6
01
04
05
05
05
08
09
10
10
10
10
10
13

2
21
21
2202
31
32
4102
42
6
81
8301
5201
22
51
1
1
31
61
5
12
11
12
21
2301
2302
21

-1.0
1.3
-25.6
-6.1
17.3
6.7
2.7
6.3
-12.5
-32.9
-9.7
-11.2
-2.5
-2.9
-31.3
1.6
48.9
-16.8
1.9
-26.1
-1.8
-5.5
19.7
-7.5
9.9
7.3

5.8
2.4
-0.2
4.4
4.9
1.5
-3.5
13.6
6.8
-6.5
4.0
-2.3
8.0
-2.5
-2.5
3.9
18.0
11.5
0.1
2.3
-0.3
-4.0
5.7
0.5
0.3
1.4

0.2
4.0
4.4
-1.7
-0.5
-1.4
-0.5
5.8
-0.5
-7.4
-3.9
-0.7
-2.1
-0.7
-8.1
1.6
-7.1
-3.8
0.3
0.6
0.6
6.2
1.6
2.4
-0.4
0.6

-3.9
-5.9
-4.3
-0.8
-0.4
-3.8
-1.7
11.4
-6.9
-8.4
-3.0
-0.2
-2.6
-2.1
0.4
-0.3
-1.6
-6.8
0.5
0.8
-0.5
0.2
2.8
4.7
7.2
0.0

-3.7
-3.8
-1.6
0.2
1.5
-6.6
-3.4
-10.3
-8.6
30.9
3.3
-0.4
-3.7
-1.1
0.3
-1.1
-9.8
-6.2
0.1
-0.4
2.4
-0.9
5.1
-7.1
-2.8
0.4

-1.6
0.1
-5.6
-8.9
7.1
4.4
-1.2
-0.4
-4.6
-16.8
4.0
0.9
-2.7
2.7
-16.2
0.9
-18.7
1.3
0.2
1.7
0.0
-7.9
3.5
1.9
-0.5
0.2

Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services for intermediate demand3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . .
Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . .
Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Automotive parts, including tires, retailing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hardware, building material, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services for intermediate demand. . . . . . . . . . . .
Rail transportation of freight and mail2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Water transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Air transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
U.S. Postal Service2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Courier and messenger services, except air mail. . . . . . . . . . . . . . . . . . . . . . . . . . .
Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . .
Pipeline transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services related to water transportation2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Arrangement of freight and cargo2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Warehousing, storage, and related services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing for intermediate
demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Network compensation from broadcast TV, cable TV, radio2. . . . . . . . . . . . . . . .
Advertising space sales in periodicals and newspapers2. . . . . . . . . . . . . . . . . . . .
Advertising space sales in directories and mail lists2. . . . . . . . . . . . . . . . . . . . . . .
Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Radio advertising time sales2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

1.9
4.9
5.3
2.4
19.6
-0.7
4.4
5.6
12.4
1.1
2.4
2.1
1.8
-2.9
1.9
7.2
3.4
4.8
6.1
2.7
7.4
-0.1
-0.7

0.1
0.9
3.1
1.8
13.8
-4.3
-1.5
0.6
-2.3
-1.2
0.4
1.4
1.7
3.6
-1.5
0.0
-1.6
0.2
-0.3
-1.4
1.5
0.2
2.5

0.0
0.4
0.4
1.3
-2.5
3.1
-0.1
-1.1
5.5
-1.0
0.1
-0.1
0.0
0.9
-0.1
0.2
0.0
-0.7
-0.1
0.0
0.3
0.1
1.2

0.4
2.7
-1.0
-2.0
20.3
0.7
1.3
7.6
-4.1
0.6
-0.2
0.1
-1.1
-2.6
-0.1
0.0
0.2
0.3
0.0
-1.5
0.3
0.5
0.0

-0.3
-2.3
0.9
0.2
-11.3
-2.5
-0.3
-4.1
2.3
-2.1
0.3
0.0
0.9
-1.8
1.8
0.0
0.2
0.3
1.8
-1.8
1.6
0.0
0.0

0.1
0.7
0.0
0.4
4.9
0.8
0.9
-0.6
1.5
2.3
-0.1
0.1
0.1
-1.6
-1.1
0.0
0.1
0.3
2.2
-1.1
0.8
0.0
-3.0

ID6
35
36
36
36
36
36
37
37
37
37
38
39

31
–
11
12
2
3
6
12
2
3
5
1
11

1.0
-0.1
-1.5
7.8
-16.7
-3.8
-3.4
4.9
-0.1
6.6
2.7
0.8
-20.0

-0.2
-0.1
1.2
0.0
0.2
-16.8
-6.6
0.9
0.1
0.2
2.9
1.6
-7.3

-0.1
0.0
-0.1
0.0
-6.8
8.2
0.0
3.0
-0.1
-0.4
1.2
-1.3
-2.4

-0.2
0.0
0.2
0.0
-3.6
1.5
0.0
-0.8
0.1
0.9
-1.1
-1.4
-2.2

0.2
0.0
0.0
0.0
-1.6
0.8
-1.5
0.2
0.1
-0.5
-2.7
1.9
1.7

-0.1
0.2
-0.1
1.0
2.9
5.7
0.0
-0.4
-0.7
1.4
1.2
0.8
-3.7

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
[May 2025]
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 rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonresidential property sales and leases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Truck, utility trailer, and RV rental and leasing. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Construction, mining, and forestry machinery and equipment rental and
leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Management, scientific, and technical consulting services2. . . . . . . . . . . . . . . . .
Advertising and related services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Permanent placement services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Executive search services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Security guard services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial and industrial machinery and equipment repair and
maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Aircraft repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Item
code

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

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

15.3
-0.6
-2.2
8.7
12.9
1.1
4.8
6.2
5.2
0.7
0.0
1.5
5.2
-1.5
5.5

0.5
0.1
-1.5
0.3
3.6
0.0
1.8
0.1
0.0
-0.1
-1.3
-0.2
0.3
1.0
1.5

2.2
0.9
-0.4
8.1
0.0
0.0
0.2
0.3
1.0
0.0
-0.2
0.0
-0.2
-4.2
0.1

-1.8
0.0
0.3
0.0
0.0
0.0
0.1
1.2
1.1
0.0
-2.1
0.1
0.0
-2.0
0.0

-0.9
0.1
1.9
-7.1
0.0
0.1
0.3
0.1
0.0
0.1
0.9
0.0
2.9
-0.1
0.8

-0.1
-4.0
-2.0
-1.0
0.0
0.0
0.2
0.2
0.0
0.1
1.6
-0.2
2.2
2.1
1.0

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

0.4
7.2
-0.6
2.2
-0.3
-0.2
6.7
9.3
3.8
2.7
2.9
4.9
1.1

0.0
1.3
0.6
0.2
-1.4
0.2
-1.2
5.0
0.4
0.9
0.8
0.0
4.4

0.0
0.0
-0.5
0.3
2.7
-0.6
0.0
-2.4
0.0
0.6
0.1
0.2
-3.2

-0.3
1.3
0.0
0.0
0.2
0.0
0.5
2.1
0.7
0.5
0.0
3.7
-0.9

0.6
0.1
0.0
0.4
-2.6
0.1
-0.5
3.0
0.9
-0.7
0.1
-1.3
-0.6

-0.2
0.1
0.2
0.3
0.4
-0.1
0.1
2.2
0.0
0.0
0.5
-0.2
1.4

55
55
59

1
4
1

6.8
2.5
4.0

-0.2
0.8
0.6

1.2
0.0
0.2

1.0
0.0
1.1

0.5
0.2
1.3

-0.2
0.2
-0.2

4
2

4.7
4.7

1.7
1.7

-0.3
-0.3

2.5
2.5

0.0
0.0

0.1
0.1

2.4
2.2
-10.1
6.0
4.3
-0.2
2.9
3.8
-14.8
-8.8
-3.9
1.5
0.4
2.7
-0.4
-1.6
0.9
0.5
0.8
7.8
0.0
6.2
2.9
8.8
1.2
4.8
2.0
2.2
2.0

0.4
0.5
3.7
2.0
1.9
0.6
0.3
-0.9
0.5
10.5
3.3
0.2
0.1
-0.1
-2.1
0.1
0.5
0.4
1.0
-2.3
-0.3
0.3
0.7
-1.9
0.4
0.5
0.4
-0.6
0.0

0.2
0.3
-1.2
2.1
-2.8
-0.1
2.2
-0.6
-4.9
-3.8
0.0
0.2
0.0
0.1
0.1
-1.0
-0.1
-0.7
-0.3
-0.8
0.0
0.2
0.3
2.8
1.7
0.8
0.0
0.6
0.3

0.2
0.0
-1.6
-2.5
0.8
-1.1
-1.3
2.6
-10.6
-5.5
-1.3
-0.1
0.0
0.4
0.1
0.0
0.2
0.0
0.2
2.4
-0.7
0.2
-0.2
6.8
3.0
1.7
0.2
-0.3
0.1

0.1
0.5
0.0
0.3
-0.4
-1.2
1.8
1.4
-2.0
-2.3
-2.5
0.4
0.1
0.0
0.1
0.5
0.4
0.0
0.1
1.8
0.0
1.2
0.4
5.6
3.6
0.5
0.3
1.5
2.5

0.1
0.2
-8.1
-1.6
0.5
-0.6
-0.6
0.4
1.6
-2.5
-1.8
0.3
0.1
0.3
0.0
0.0
-0.7
0.0
0.1
-2.4
0.0
1.0
0.4
7.1
-1.6
0.1
0.2
0.5
2.1

Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6
Maintenance and repair of non-residential buildings (partial)2. . . . . . . . . . . . . . . . . 80
Intermediate Demand by Production Flow
Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 4 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed and packaged fish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dairy products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Medicinal and botanical chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unsupported plastic film, sheet, and other shapes2. . . . . . . . . . . . . . . . . . . . . . . . .
Parts for manufacturing from plastics2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Plastic packaging products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper boxes and containers2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial printing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other miscellaneous metal products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Wiring devices2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ID5
ID5
01
02
02
02
05
05
05
05
06
06
06
06
06
07
07
07
07
08
08
09
09
10
10
10
10
11
11

4
9411
2
21
23
3
42
43
71
7303
14
21
31
37
38
21
22
26
2A
1
2
1503
47
17
26
7
89
48
71

See footnotes at end of table.

25

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[May 2025]
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 rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonresidential property sales and leases2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonresidential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residential property management fees2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Construction, mining, and forestry machinery and equipment rental and
leasing2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Management, scientific, and technical consulting services2. . . . . . . . . . . . . . . . .
Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial and industrial machinery and equipment repair and
maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . .
Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . .
Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food and alcohol wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . .
Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 3 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Slaughter poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Jet fuel2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Finished lubricants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lubricating oil base stocks2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Basic inorganic chemicals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paints and allied products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Item
code

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

0.1
1.6
3.3
1.8
5.8
2.5
1.8
0.7
0.7
2.3
2.2
1.6
2.6
1.8
5.0
2.8
-0.7
-1.5
0.8
-20.0
15.3
-2.2
8.7
12.9
4.6
5.2
0.0
1.5
2.3
5.2

-1.0
0.3
2.2
0.2
0.6
0.3
-0.2
4.1
0.3
0.7
0.7
1.0
0.4
1.7
-0.6
-1.4
2.5
1.2
1.6
-7.3
0.5
-1.5
0.3
3.6
0.5
0.0
-1.3
-0.2
1.9
0.3

-0.3
0.3
0.1
0.0
0.5
-0.1
-0.9
0.1
0.0
-0.1
-0.1
0.1
0.1
0.0
-0.1
0.0
1.2
-0.1
-1.3
-2.4
2.2
-0.4
8.1
0.0
0.3
1.0
-0.2
0.0
-1.2
-0.2

0.6
0.1
0.0
0.2
0.2
-0.1
-0.2
0.9
0.1
-0.1
0.4
-0.1
0.4
-1.1
0.2
-1.6
0.0
0.2
-1.4
-2.2
-1.8
0.3
0.0
0.0
0.8
1.1
-2.1
0.1
1.1
0.0

-0.2
0.1
0.5
0.7
0.4
0.2
-0.8
-4.5
0.3
0.1
0.0
0.2
-0.3
0.9
0.2
-1.8
0.0
0.0
1.9
1.7
-0.9
1.9
-7.1
0.0
0.2
0.0
0.9
0.0
2.1
2.9

0.2
0.3
0.0
0.0
0.3
0.5
3.7
-1.8
0.2
0.2
0.2
0.1
0.0
0.1
0.1
-1.1
-3.0
-0.1
0.8
-3.7
-0.1
-2.0
-1.0
0.0
0.0
0.0
1.6
-0.2
1.1
2.2

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

0.4
7.2
-0.2
-0.6
2.2
-0.3
3.8
2.9

0.0
1.3
0.2
0.6
0.2
-1.4
0.4
0.8

0.0
0.0
-0.6
-0.5
0.3
2.7
0.0
0.1

-0.3
1.3
0.0
0.0
0.0
0.2
0.7
0.0

0.6
0.1
0.1
0.0
0.4
-2.6
0.9
0.1

-0.2
0.1
-0.1
0.2
0.3
0.4
0.0
0.5

55
57
57
57
57
57
57
58
59

1
1102
3
4
5
6
8
D
1

6.8
5.3
2.4
19.6
-0.7
4.4
4.9
1.1
4.0

-0.2
3.1
1.8
13.8
-4.3
-1.5
0.5
-1.2
0.6

1.2
0.4
1.3
-2.5
3.1
-0.1
-0.9
-1.0
0.2

1.0
-1.0
-2.0
20.3
0.7
1.3
6.7
0.6
1.1

0.5
0.9
0.2
-11.3
-2.5
-0.3
-3.8
-2.1
1.3

-0.2
0.0
0.4
4.9
0.8
0.9
-0.6
2.3
-0.2

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

1.4
1.0
17.3
6.7
3.1
-12.5
2.9
3.8
-14.8
-17.5
-8.8
-0.5
-19.8
-9.7
3.3
-3.9
2.4

1.0
2.0
4.9
1.5
-1.8
6.8
0.3
-0.9
0.5
8.2
10.5
-0.3
0.1
6.8
1.0
3.3
0.1

0.5
1.4
-0.5
-1.4
0.2
-0.5
2.2
-0.6
-4.9
2.5
-3.8
-0.1
-4.3
-4.9
0.4
0.0
0.3

-0.5
-1.7
-0.4
-3.8
-0.1
-6.9
-1.3
2.6
-10.6
-8.6
-5.5
0.3
2.4
-7.4
0.7
-1.3
0.3

-0.5
-1.1
1.5
-6.6
-4.2
-8.6
1.8
1.4
-2.0
3.2
-2.3
-0.4
-1.3
-0.9
0.3
-2.5
-0.3

0.1
-0.1
7.1
4.4
-1.1
-4.6
-0.6
0.4
1.6
-8.2
-2.5
-0.1
-5.2
-6.9
0.5
-1.8
0.6

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
[May 2025]
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 products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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 rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Management, scientific, and technical consulting services2. . . . . . . . . . . . . . . . .
Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Aircraft repair maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . .
Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . .
Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Metal treatment services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 2 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Coal2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Natural gas2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Natural gas liquids2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

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

4.9
1.3
4.9
0.9
1.3
7.3
3.8
2.9
0.7
8.8
5.5
3.2
4.5
5.5
5.6
2.0
4.3
3.2
7.3
1.9
0.7
2.4
1.8
2.1
5.0
-0.1
-9.3
-0.7

0.1
0.5
0.3
0.5
-0.6
0.8
0.1
0.7
0.7
-1.9
0.9
1.9
0.4
0.4
0.3
0.4
0.3
0.1
1.4
-1.6
0.3
0.3
0.3
1.4
-0.6
0.2
0.0
2.5

0.5
1.0
0.4
-0.1
1.0
0.0
0.2
0.3
0.6
2.8
1.2
0.3
0.3
1.5
0.2
0.0
0.4
0.0
0.6
0.2
0.0
0.2
-0.2
-0.1
-0.1
0.1
0.0
1.2

0.1
0.8
7.4
0.2
0.4
0.6
0.4
-0.2
0.2
6.8
1.6
0.3
0.6
3.1
0.2
0.2
0.2
0.5
0.0
0.7
0.1
0.3
0.5
0.1
0.2
0.5
0.0
0.0

0.6
-0.2
-1.2
0.4
0.4
1.1
0.6
0.4
0.4
5.6
1.4
0.5
1.1
0.5
0.4
0.3
0.5
0.7
0.4
0.3
0.3
0.2
-0.1
0.0
0.2
0.0
0.0
0.0

1.3
-1.3
-1.2
-0.7
-0.5
0.6
0.8
0.4
0.1
7.1
-2.5
0.0
2.1
0.4
2.3
0.2
0.8
0.6
0.2
0.5
0.2
0.1
0.2
0.1
0.1
0.0
0.0
-3.0

36
37
37
38
39
39
40
41
43
45
45
45
45
45
46
55
57
57
57
57
57
57
59

1
1
5
1
11
2
1
11
11
1
2
3
4
51
3
4
1102
3
4
5
6
8101
1

-0.1
2.5
2.7
0.8
-20.0
15.3
-2.2
4.6
0.0
7.2
-0.6
2.2
-0.3
-0.2
3.8
2.5
5.3
2.4
19.6
-0.7
4.4
5.6
4.0

1.0
0.5
2.9
1.6
-7.3
0.5
-1.5
0.5
-1.3
1.3
0.6
0.2
-1.4
0.2
0.4
0.8
3.1
1.8
13.8
-4.3
-1.5
0.6
0.6

-0.1
1.5
1.2
-1.3
-2.4
2.2
-0.4
0.3
-0.2
0.0
-0.5
0.3
2.7
-0.6
0.0
0.0
0.4
1.3
-2.5
3.1
-0.1
-1.1
0.2

0.2
-0.4
-1.1
-1.4
-2.2
-1.8
0.3
0.8
-2.1
1.3
0.0
0.0
0.2
0.0
0.7
0.0
-1.0
-2.0
20.3
0.7
1.3
7.6
1.1

0.0
0.1
-2.7
1.9
1.7
-0.9
1.9
0.2
0.9
0.1
0.0
0.4
-2.6
0.1
0.9
0.2
0.9
0.2
-11.3
-2.5
-0.3
-4.1
1.3

0.0
-0.1
1.2
0.8
-3.7
-0.1
-2.0
0.0
1.6
0.1
0.2
0.3
0.4
-0.1
0.0
0.2
0.0
0.4
4.9
0.8
0.9
-0.6
-0.2

ID5
ID5
01
01
02
05
05
05
05
05
06
06
07
08

2
9211
2202
83
9
1
31
32
61
7303
1
6
2
5

0.0
-1.3
-6.1
-9.7
-0.1
1.6
48.9
-2.7
-16.8
-8.8
-2.5
1.3
0.5
1.9

1.9
5.5
4.4
4.0
0.3
3.9
18.0
15.6
11.5
10.5
2.8
0.5
0.4
0.1

-0.7
-1.5
-1.7
-3.9
0.8
1.6
-7.1
-6.0
-3.8
-3.8
0.1
1.0
-0.5
0.3

-0.6
-2.0
-0.8
-3.0
-1.5
-0.3
-1.6
-6.9
-6.8
-5.5
-0.9
0.8
0.2
0.5

-0.9
-2.2
0.2
3.3
0.2
-1.1
-9.8
-0.4
-6.2
-2.3
-2.0
-0.2
0.3
0.1

-0.6
-1.2
-8.9
4.0
0.3
0.9
-18.7
-1.1
1.3
-2.5
-1.4
-1.3
-0.1
0.2

See footnotes at end of table.

27

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[May 2025]
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 services2. . . . . . . . . . . . . . . . .
Advertising agency services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Security guard services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Janitorial services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial and industrial machinery and equipment repair and
maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . .

09
09
09
10
10
10
11
11
ID5
30
30
30
30
30
30
30
31
36
37
38
40
40
40
41
42
45
45
45
45
46
48
49
53

13
1411
47
12
17
25
7
78
9212
11
12
1601
1602
1603
17
22
31
21
2
1
1
2
31
11
11
1
2
4
51
3
1
1
1

55
58

1
D

Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 1 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prepared paint2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Plastic construction products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recyclable paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Converted paper and paperboard products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Steel mill products2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Primary nonferrous metals2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonferrous scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonferrous wire and cable2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stage 1 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Truck transportation of freight2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Advertising space sales in periodicals, newspapers, directories, and mailing
lists2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Business wired telecommunication services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ID5
ID5
02
05
05
05
05
05
05
06
06
07
09
09
09
10
10
10
10
10
10
11
13
ID5
30
30

1
9111
9
42
43
52
53
71
7303
1
21
21
12
13
15
12
17
22
23
26
7
4
21
9112
12
22

36
37
37

1
12
2

See footnotes at end of table.

28

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

1.3
7.6
2.9
-5.5
8.8
5.5
3.2
0.1
0.8
2.1
1.8
7.2
3.4
4.8
6.1
2.8
-0.1
-16.7
-0.1
0.8
-2.2
8.7
12.9
4.6
0.7
7.2
-0.6
-0.3
-0.2
3.8
2.7
2.9
1.1

-0.6
0.6
0.7
-4.0
-1.9
0.9
0.1
-1.0
-0.5
1.4
1.7
0.0
-1.6
0.2
-0.3
-1.4
0.2
0.2
0.1
1.6
-1.5
0.3
3.6
0.5
-0.1
1.3
0.6
-1.4
0.2
0.4
0.9
0.8
4.4

1.0
0.1
0.3
6.2
2.8
1.2
0.0
-0.3
-0.1
-0.1
0.0
0.2
0.0
-0.7
-0.1
0.0
0.1
-6.8
-0.1
-1.3
-0.4
8.1
0.0
0.3
0.0
0.0
-0.5
2.7
-0.6
0.0
0.6
0.1
-3.2

0.4
0.8
-0.2
0.2
6.8
1.6
0.5
0.6
0.4
0.1
-1.1
0.0
0.2
0.3
0.0
-1.6
0.5
-3.6
0.1
-1.4
0.3
0.0
0.0
0.8
0.0
1.3
0.0
0.2
0.0
0.7
0.5
0.0
-0.9

0.4
1.4
0.4
-0.9
5.6
1.4
0.7
-0.2
0.0
0.0
0.9
0.0
0.2
0.3
1.8
-1.8
0.0
-1.6
0.1
1.9
1.9
-7.1
0.0
0.2
0.1
0.1
0.0
-2.6
0.1
0.9
-0.7
0.1
-0.6

-0.5
0.8
0.4
-7.9
7.1
-2.5
0.6
0.2
-0.2
0.1
0.1
0.0
0.1
0.3
2.2
-1.1
0.0
2.9
-0.7
0.8
-2.0
-1.0
0.0
0.0
0.1
0.1
0.2
0.4
-0.1
0.0
0.0
0.5
1.4

6.8
1.1

-0.2
-1.2

1.2
-1.0

1.0
0.6

0.5
-2.1

-0.2
2.3

2.2
1.7
-0.1
2.9
3.8
14.9
13.9
-14.8
-8.8
-2.5
1.5
-1.6
-26.1
1.3
3.8
-5.5
8.8
17.3
3.3
1.2
4.8
4.3
7.3
2.6
1.8
2.8

0.9
1.2
0.3
0.3
-0.9
2.9
6.4
0.5
10.5
2.8
0.2
0.1
2.3
-0.6
0.1
-4.0
-1.9
0.8
-0.1
0.4
0.5
0.3
1.4
0.6
1.7
-1.4

0.2
0.5
0.8
2.2
-0.6
2.5
-1.9
-4.9
-3.8
0.1
0.2
-1.0
0.6
1.0
0.2
6.2
2.8
4.9
1.8
1.7
0.8
0.4
0.6
-0.1
0.0
0.0

0.2
0.1
-1.5
-1.3
2.6
5.2
4.7
-10.6
-5.5
-0.9
-0.1
0.0
0.8
0.4
0.4
0.2
6.8
6.4
4.5
3.0
1.7
0.2
0.0
0.3
-1.1
-1.6

-0.1
0.3
0.2
1.8
1.4
4.5
5.6
-2.0
-2.3
-2.0
0.4
0.5
-0.4
0.4
0.6
-0.9
5.6
-3.1
-2.8
3.6
0.5
0.5
0.4
-0.4
0.9
-1.8

0.2
0.1
0.3
-0.6
0.4
-2.3
-3.6
1.6
-2.5
-1.4
0.3
0.0
1.7
-0.5
0.8
-7.9
7.1
4.6
0.3
-1.6
0.1
0.8
0.2
0.3
0.1
-1.1

-0.1
4.9
-0.1

1.0
0.9
0.1

-0.1
3.0
-0.1

0.2
-0.8
0.1

0.0
0.2
0.1

0.0
-0.4
-0.7

Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued
[May 2025]
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 rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Management consulting services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial and industrial machinery and equipment repair and
maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machinery and equipment parts and supplies wholesaling2. . . . . . . . . . . . . . . . .
Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . .
Metals, minerals, and ores wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemicals and allied products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper and plastics products wholesaling2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . .
Mining services2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Item
code

37
39
39
40
40
40
41
43
45
45
50
53

5
11
2
1
2
3
11
11
3
41
1
11

55
57
57
57
57
57
58
60

1
1102
3
4
5
6
D
1

1

Unadjusted
12-month
percent
change1

Seasonally adjusted 1-month percent change1

May 2024
to
May 2025p

Dec. to
Jan.

Jan. to
Feb.p

Feb. to
Mar.p

Mar. to
Apr.p

Apr. to
Mayp

2.7
-20.0
15.3
-2.2
8.7
12.9
4.6
0.0
2.2
-0.3
4.9
1.1

2.9
-7.3
0.5
-1.5
0.3
3.6
0.5
-1.3
0.2
-1.4
0.0
4.4

1.2
-2.4
2.2
-0.4
8.1
0.0
0.3
-0.2
0.3
2.7
0.2
-3.2

-1.1
-2.2
-1.8
0.3
0.0
0.0
0.8
-2.1
0.0
0.2
3.7
-0.9

-2.7
1.7
-0.9
1.9
-7.1
0.0
0.2
0.9
0.4
-2.6
-1.3
-0.6

1.2
-3.7
-0.1
-2.0
-1.0
0.0
0.0
1.6
0.3
0.4
-0.2
1.4

6.8
5.3
2.4
19.6
-0.7
4.4
1.1
0.0

-0.2
3.1
1.8
13.8
-4.3
-1.5
-1.2
0.1

1.2
0.4
1.3
-2.5
3.1
-0.1
-1.0
0.0

1.0
-1.0
-2.0
20.3
0.7
1.3
0.6
1.9

0.5
0.9
0.2
-11.3
-2.5
-0.3
-2.1
-1.8

-0.2
0.0
0.4
4.9
0.8
0.9
2.3
-0.4

All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally
adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January.
Seasonal tests did not indicate the presence of seasonality. Data shown is not seasonally adjusted.
3
Trade indexes measure changes in margins received by wholesalers and retailers.
p Preliminary
″-″ Data not available.
NOTE: The term ″(partial)″ denotes incomplete coverage of the index category.
2

29

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted
[May 2025, Index base Nov. 2009=100, unless otherwise indicated]
Grouping

Commodity
Other
code
index
Group
Item
base
code
code

Seasonally adjusted index1
Jan.
2025

Feb.
2025p

Mar.
2025p

Apr.
2025p

May
2025p

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

148.132
146.148
158.483
285.650
353.570
277.937
163.703
143.596
139.580
221.712
141.916
124.659
144.867
255.936
282.845
368.860
195.019
221.119
240.545
215.321
141.779

148.347
146.565
161.261
291.508
412.127
278.752
165.204
144.487
137.600
217.439
142.398
125.781
145.373
256.752
283.990
370.809
195.434
221.611
241.352
215.721
142.031

148.234
145.207
157.887
285.040
345.456
278.044
163.778
141.570
132.248
209.047
136.843
120.483
145.824
257.258
284.336
370.964
195.916
222.235
242.083
216.312
142.222

147.884
145.281
156.495
281.644
295.559
279.090
163.410
142.152
132.358
209.123
137.794
119.654
146.298
258.112
285.244
372.451
196.292
223.004
243.133
216.998
142.791

148.072
145.516
156.677
281.957
288.370
280.115
163.941
142.216
132.361
210.697
134.377
115.554
146.619
258.906
285.971
373.085
197.053
223.822
244.256
217.726
143.076

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

149.708
129.659
139.594
147.936
158.650
156.164
154.637
161.153
175.922
177.967
171.178
175.508
154.603
142.433
142.420
142.137
142.495
158.501
156.068
156.820
153.015
157.874
165.435
142.268
142.431

150.067
129.779
140.236
148.063
157.584
155.151
154.289
157.200
174.217
179.044
165.300
174.190
154.605
142.477
142.464
142.181
142.540
158.489
156.075
156.824
153.034
158.064
165.334
142.885
143.007

150.159
130.084
141.038
148.492
158.539
155.876
154.658
159.494
176.396
181.858
166.503
176.858
153.056
140.279
140.271
140.007
140.322
157.202
154.679
155.461
151.504
156.906
164.264
143.307
143.503

150.223
131.246
141.444
147.966
157.740
155.393
154.559
157.311
173.523
178.380
164.567
173.863
153.157
137.815
137.812
137.571
137.838
158.299
155.798
156.577
152.638
157.940
165.330
142.828
143.122

150.487
131.552
141.540
148.124
158.434
155.936
154.622
159.978
175.224
178.753
168.252
175.607
152.812
136.334
136.334
136.106
136.343
158.399
155.887
156.681
152.665
157.786
165.511
142.823
143.144

FD

42111

141.976

142.640

143.139

142.858

142.855

FD

42112

147.168

147.063

147.537

146.370

146.591

FD

4212

132.680

133.138

133.043

132.639

132.895

FD

42121

133.342

133.887

133.827

133.522

133.798

FD
FD
FD
FD
FD

42122
4213
43
431
432

116.833
151.774
178.316
181.954
171.695

116.042
153.161
178.425
182.028
171.879

115.460
153.128
178.875
182.400
172.495

113.682
151.147
178.054
181.602
171.622

113.643
150.437
178.518
182.021
172.184

04/10
04/10

FD
FD

49101
49102

145.963
146.164

146.130
146.373

145.971
146.291

145.656
145.937

145.875
146.137

04/10
04/10

FD
FD

49103
49104

146.543
146.273

146.750
146.478

147.171
146.907

146.920
146.592

147.126
146.790

04/10

FD

49105

145.632

145.695

145.736

145.508

145.700

00/82
00/82
00/82

00/82

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

Final Demand Special Groupings
Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand less foods, food and nonalcoholic beverages for immediate
consumption, and energy4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand less foods and energy4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Final demand less foods and food and nonalcoholic beverages for immediate
consumption4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

See footnotes at end of table.

30

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally
adjusted — Continued
[May 2025, 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
Jan.
2025

Feb.
2025p

Mar.
2025p

Apr.
2025p

May
2025p

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

145.358
146.701
143.983
143.532
146.291
140.410
142.177
155.423
147.879
134.837
133.508
141.524
140.647
147.118

145.427
147.050
144.472
144.044
147.286
140.324
142.730
154.541
147.755
135.331
133.781
139.982
139.998
147.278

145.497
147.264
144.130
143.741
146.900
139.418
142.965
155.131
147.219
135.611
134.148
140.919
140.649
147.148

145.210
146.890
143.881
143.435
146.963
139.796
142.544
154.641
147.060
135.429
134.715
139.578
140.091
146.824

145.395
147.086
143.957
143.509
147.251
140.037
142.507
155.229
147.437
135.498
135.183
140.672
140.859
147.066

12/10
01/10

FD
FD

49202
49203

146.112
146.992

146.280
147.160

146.685
147.578

146.424
147.321

146.627
147.517

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

144.942
146.399
147.734
262.884
263.054
256.211
145.991
151.964
152.936
141.993
141.500
148.963
149.618
144.349
233.443
160.456
141.898
234.417
141.592
138.791
127.769
136.369
146.611
280.560
284.698
276.417
311.990
144.523
143.991
143.770
135.106
132.809
132.884
137.041

144.930
146.388
148.074
263.418
265.231
255.340
146.104
150.430
152.067
142.524
142.060
148.278
149.358
144.851
234.613
160.717
142.139
235.152
141.684
138.137
127.655
136.754
146.965
281.113
287.914
274.703
309.329
144.890
144.517
144.316
135.470
133.379
133.481
137.037

144.980
146.449
148.268
260.105
263.849
252.868
146.547
151.470
152.522
142.861
142.493
149.004
148.615
145.048
234.643
161.178
141.690
232.769
141.843
138.540
126.773
136.522
146.640
276.075
285.272
270.311
302.746
145.239
144.021
143.850
135.780
133.680
133.850
135.908

144.740
146.212
147.920
259.894
263.551
253.498
146.165
150.058
152.241
142.517
142.069
148.356
148.420
144.509
235.239
159.387
141.450
233.677
141.063
138.365
127.268
135.966
146.390
275.434
284.295
270.851
303.357
145.018
143.735
143.514
135.639
133.524
133.642
135.777

144.990
146.458
148.115
260.827
264.212
254.592
146.308
151.179
152.718
142.511
142.058
149.174
148.919
144.472
234.991
159.505
141.457
232.646
141.485
139.094
127.009
136.088
146.500
276.414
284.841
272.110
304.837
145.010
143.856
143.636
135.667
133.544
133.659
136.041

00/82
00/82

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

1
11
111
1111
1112
1113
112
1121
1122
12
121
122
13
131

257.209
235.105
144.573
266.369
265.838
269.713
192.350
148.875
135.786
357.327
171.902
179.985
238.514
245.930

258.255
236.763
146.099
274.363
266.270
272.993
192.634
148.702
136.004
357.762
171.726
180.532
238.200
244.629

258.077
238.726
147.777
274.287
266.507
280.989
193.244
149.325
136.428
359.910
172.217
182.075
231.437
245.976

258.973
239.457
148.153
269.873
264.543
287.221
194.001
149.689
136.973
360.874
171.668
183.421
232.349
247.072

259.334
240.815
149.254
271.633
263.191
293.426
194.548
149.407
137.392
361.747
171.590
184.284
229.475
246.013

Intermediate Demand by Commodity Type
Processed goods
Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials and components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Components for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Components for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials and components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Materials for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed fuels and lubricants for intermediate demand. . . . . . . . . . . . . . . . . . . . . .
Processed fuels and lubricants to manufacturing industries. . . . . . . . . . . . . . . . .

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

00/82

00/82
00/82

See footnotes at end of table.

31

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally
adjusted — Continued
[May 2025, 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
Jan.
2025

Feb.
2025p

Mar.
2025p

Apr.
2025p

May
2025p

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

236.448
313.757
254.670
253.504
252.829
216.166
259.627

236.444
314.475
255.806
253.840
254.079
217.905
260.824

227.112
315.406
256.090
255.209
254.194
214.066
261.453

227.966
318.549
256.953
256.813
254.935
214.089
262.294

224.515
321.631
257.578
256.373
255.720
214.440
263.141

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

ID6
ID6
ID6
ID6
ID6

2
21
22
221
2211

266.351
236.922
276.157
328.203
301.689

266.998
246.331
270.378
323.847
297.357

256.548
231.832
263.343
314.304
288.085

247.043
223.059
253.721
305.951
279.905

243.141
223.284
246.976
305.769
279.695

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

ID6
ID6
ID6
ID6

2212
222
2221
2222

393.294
164.566
243.678
164.802

395.682
156.370
243.492
155.921

395.859
154.412
242.164
153.871

397.458
142.852
235.850
141.685

398.239
124.019
230.486
121.557

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

3
33
331
332
32
321
3211
3212
322
3221

153.073
181.591
166.184
161.329
164.027
142.198
142.467
142.228
166.408
133.621

153.114
182.289
166.723
162.044
164.209
142.241
142.512
142.271
166.603
133.691

153.664
187.212
172.495
165.209
163.838
140.069
140.296
140.103
166.400
132.850

153.274
182.945
168.011
161.971
164.316
137.634
137.813
137.674
167.152
133.871

153.385
184.196
169.289
162.956
164.096
136.169
136.320
136.212
167.048
134.234

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

150.006

150.208

150.221

150.777

150.554

ID6

31

143.487

143.362

143.145

143.425

143.353

ID6

311

136.838

137.063

137.895

138.008

138.091

ID6

312

143.693

143.555

143.302

143.588

143.511

ID6

4

155.222

154.685

158.563

158.627

158.769

ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6
ID6

9111
9112
9113
9118
9115
9116
9117
9211
9212
9213
9216

257.828
251.418
239.622
258.501
258.912
172.411
148.612
285.246
216.531
288.819
442.880

258.445
256.655
239.304
259.877
259.784
172.881
149.156
279.133
207.649
297.487
448.988

258.369
255.484
232.515
261.343
261.588
175.509
149.788
271.649
197.501
287.580
453.714

259.603
253.070
233.431
262.224
262.893
173.481
149.602
260.950
184.595
281.742
457.217

259.862
254.438
230.544
263.386
264.027
174.126
149.918
254.954
178.204
280.384
450.947

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

153.871
149.242
140.253
146.092
139.280
139.477
179.161
192.825
140.252
142.494
149.099
137.552
152.951

154.190
149.714
140.776
147.367
146.993
139.819
179.461
193.083
140.226
142.539
149.060
138.047
153.249

154.510
150.685
140.984
144.265
145.171
140.553
183.001
197.947
139.486
140.321
148.559
138.905
153.111

154.619
150.858
141.884
144.290
144.109
141.606
180.724
194.610
139.736
137.837
149.359
139.009
153.299

154.765
151.265
142.236
142.651
147.912
142.231
181.318
195.407
139.485
136.342
149.333
139.246
153.174

Construction
Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Intermediate Demand by Commodity Type Special Groupings
Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed energy goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed materials less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Intermediate distributive services6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Processed goods plus intermediate distributive services. . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed materials less agricultural products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed energy materials7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unprocessed nonfood materials less energy8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

00/82
00/82
00/82
00/82
00/82
04/10
04/10
00/82
00/82
00/82
00/82

Intermediate Demand by Production Flow
Stage 4 Intermediate Demand
Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inputs to stage 4 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . .
Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

See footnotes at end of table.

32

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally
adjusted — Continued
[May 2025, Index base Nov. 2009=100, unless otherwise indicated]
Grouping

Commodity
Other
code
index
Item
base Group
code
code

Seasonally adjusted index1
Jan.
2025

Feb.
2025p

Mar.
2025p

Apr.
2025p

May
2025p

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

149.403
155.777
141.881
150.950
153.901
170.467
161.260
141.907
165.220
150.261
155.222
165.426
169.338
145.115
175.654
155.323
173.936
149.745
148.522
150.569
136.012

150.002
156.061
143.129
151.265
154.098
171.593
161.744
141.951
165.780
150.328
154.685
165.482
169.302
139.831
176.149
155.602
174.245
149.718
148.568
150.542
136.378

149.590
154.712
141.905
151.621
154.047
174.103
161.453
139.755
165.811
150.030
158.563
166.256
169.489
128.467
177.497
157.849
180.434
148.405
146.261
149.245
136.660

150.455
154.760
143.699
152.190
154.009
171.408
161.353
137.295
166.110
150.281
158.627
165.886
169.677
126.046
177.950
156.080
174.669
149.448
143.676
150.380
137.166

150.537
155.696
142.909
152.518
153.815
171.847
159.949
135.815
164.713
150.147
158.769
166.581
170.228
126.434
178.530
157.135
177.204
149.474
142.121
150.445
137.358

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

149.848
159.671
154.872
181.843
136.912
148.737
167.429
174.299
153.370
151.712
153.246
139.984
141.448
120.062
151.368
114.439
138.720
146.808
203.634
174.048
104.664
174.608
136.435
155.222
143.343
136.642
174.114
170.335
175.101
119.271
125.895
129.430

150.555
162.106
157.827
191.227
138.036
149.200
167.665
174.599
153.459
151.759
153.337
140.260
140.917
119.425
150.350
113.227
139.019
146.305
205.520
174.303
104.666
174.865
135.579
154.685
143.759
136.991
174.559
170.885
175.698
119.400
126.031
129.572

149.842
161.250
155.564
179.555
133.502
150.956
172.332
183.931
152.102
149.400
152.037
141.359
140.274
116.145
149.754
107.401
139.718
146.297
208.119
174.624
104.578
175.188
135.325
158.563
144.991
138.080
175.947
172.450
177.413
118.819
125.418
130.311

149.031
158.786
153.380
168.934
132.685
152.175
168.948
176.878
152.688
146.756
152.800
142.114
140.653
116.194
149.813
107.291
140.039
146.768
203.873
175.108
104.480
175.674
136.075
158.627
144.318
138.857
176.937
169.958
174.532
118.698
125.290
131.694

149.149
159.418
153.838
169.030
130.533
152.948
170.213
179.332
152.528
145.165
152.719
142.257
140.384
114.235
150.976
103.976
140.149
146.939
205.092
174.845
104.421
175.410
136.304
158.769
145.257
138.650
176.673
172.389
177.282
118.263
124.831
131.443

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

139.703
127.881
122.614
139.693
96.333
144.541
157.741
181.237
174.675
142.602
176.564
140.355
155.222

138.757
126.284
120.510
138.472
92.278
146.060
157.668
181.223
174.837
142.645
176.732
139.973
154.685

137.936
124.838
117.730
135.199
87.630
147.199
160.462
189.378
174.704
140.522
176.695
140.004
158.563

136.657
122.330
114.727
137.009
82.189
147.895
159.321
183.555
176.598
138.143
178.799
141.017
158.627

135.832
121.185
113.086
138.399
79.451
147.759
159.703
183.795
178.295
136.712
180.650
140.324
158.769

See footnotes at end of table.

33

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally
adjusted — Continued
[May 2025, Index base Nov. 2009=100, unless otherwise indicated]
Grouping

Commodity
Other
code
index
Item
base Group
code
code

Seasonally adjusted index1
Jan.
2025

Feb.
2025p

Mar.
2025p

Apr.
2025p

May
2025p

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

149.485
145.467
118.013
146.115
146.104
149.418
198.254
152.775
142.888
155.195
147.782
155.222

149.383
145.764
118.770
145.381
146.464
149.276
199.262
152.893
142.933
155.329
147.567
154.685

149.372
145.627
116.495
139.465
146.735
149.194
200.789
152.905
140.725
155.747
147.402
158.563

149.670
146.128
115.894
139.743
147.266
149.471
199.890
152.623
138.251
155.863
147.777
158.627

149.275
146.213
114.779
137.225
147.538
149.006
200.475
152.364
136.763
155.828
147.246
158.769

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

147.971
142.836
138.061
135.479
122.646
145.756
160.226
173.203
163.388
142.467
166.713
117.243
155.222
149.963
145.409
191.856
145.578
152.989
151.189
181.934
152.537
142.382
174.195
146.216
155.222
164.778
166.131
119.261
174.499
162.507
172.113
123.573
127.820
145.256

148.273
144.061
139.306
134.139
125.889
146.992
161.417
174.284
163.974
142.511
167.424
118.451
154.685
149.783
145.923
299.237
144.659
153.477
150.718
183.544
152.557
142.426
174.207
145.478
154.685
164.764
166.113
116.513
174.811
162.506
172.065
123.604
127.852
146.126

148.577
145.697
139.896
132.129
124.199
148.588
166.153
182.208
161.931
140.295
165.449
119.531
158.563
149.182
145.185
331.094
140.920
153.890
150.177
184.961
151.637
140.211
173.869
144.805
158.563
165.609
166.501
112.016
175.794
164.486
175.354
122.234
126.436
146.710

148.487
145.168
140.702
132.949
124.752
149.473
161.705
175.427
161.646
137.810
165.720
118.039
158.627
149.484
145.287
254.466
140.920
154.571
150.562
182.316
151.149
137.728
174.377
145.606
158.627
164.894
166.379
110.002
175.897
162.304
171.871
123.235
127.471
147.522

148.806
145.558
140.842
129.321
123.813
150.516
162.834
177.736
160.504
136.316
164.680
117.883
158.769
149.675
145.376
274.195
138.964
155.496
150.795
183.140
150.585
136.235
174.240
145.891
158.769
165.650
166.637
107.917
176.442
164.291
174.661
123.239
127.475
147.234

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

145.754
157.409
153.936
146.961
130.583
149.010
138.633
149.303
153.936
161.617
115.584
141.361
118.965
151.882
153.936
140.288
94.876
136.637
129.061

146.176
157.625
153.403
147.792
130.977
149.380
140.536
148.934
153.403
169.890
114.742
141.779
117.198
151.756
153.403
139.092
90.943
137.815
129.760

146.193
158.221
157.250
145.495
128.354
150.174
138.178
149.701
157.250
159.585
109.219
143.294
114.811
152.353
157.250
135.813
86.378
138.698
129.859

146.921
157.758
157.313
145.529
129.296
150.976
136.683
149.513
157.313
150.214
109.006
144.321
112.298
152.296
157.313
137.595
81.114
139.318
130.227

147.225
157.760
157.453
145.008
128.887
151.523
136.520
149.883
157.453
150.308
105.928
144.943
110.906
152.030
157.453
138.954
78.436
139.279
130.354

Intermediate Demand by Production Flow Special Groupings
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total

goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
services inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . .
construction inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . .
foods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
energy goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . .
goods less foods and energy inputs to stage 4 intermediate demand. . . . . .
goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
services inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . .
construction inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . .
foods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
energy goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . .
goods less foods and energy inputs to stage 3 intermediate demand. . . . . .
goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
services inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . .
construction inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . .
foods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
energy goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . .
goods less foods and energy inputs to stage 2 intermediate demand. . . . . .
goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10
04/10

See footnotes at end of table.

34

Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally
adjusted — Continued
[May 2025, 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
Jan.
2025

Feb.
2025p

Mar.
2025p

Apr.
2025p

May
2025p

152.693
153.936
128.717
129.277
127.587

152.540
153.403
129.980
129.880
128.263

153.070
157.250
128.875
127.015
129.181

152.458
157.313
127.849
127.063
129.728

152.957
157.453
124.979
125.566
130.477

All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally
adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January.
PPI defines Total finished as including only the personal consumption and private capital investment portions of final demand.
3
Trade indexes measure changes in margins received by wholesalers and retailers.
4
The PPI definition of foods does not include food and beverages for immediate consumption. PPI defines food and beverages for immediate consumption as the service of preparing
meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption.
5
Distributive services include transportation, warehousing, and trade of goods.
6
Includes intermediate trade, transportation, and warehousing services.
7
Includes crude petroleum.
8
Excludes crude petroleum.
p Preliminary
″-″ Data not available.
2

35