Producer Price Index - Final Demand (PPI-FD) for May 2020

The Producer Price Index - Final Demand (PPI-FD) for May 2020 was released this morning:

Predicted: +0.1%
Actual: +0.4%

Change from 12 months previous:  -0.8%

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Below is the PPI-FD when food, energy and trade services are removed:

Predicted: -0.2%
Actual: +0.1%

Change from 12 months previous:  -0.4%

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The above, yellow-highlighted percentages represent the month-to-month change in prices received by domestic producers of goods and services, for goods, services and construction in the United States, for final demand.

Final Demand = personal consumption (consumers), exports, government purchases and capital investment.

The PPI-FD is released by the Labor Department's Bureau of Labor Statistics.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.


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CHART: Producer Price Index - Final Demand (PPI-FD)
May 2020

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From Today's Report:

Coronavirus (COVID-19) Impact on May 2020 Producer Price Index Survey Data

"...The Producer Price Index (PPI) response rates for May were consistent with those of April and no changes in estimation procedures were necessary. Additional information is available at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-producer-price-index.htm..."

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• Click here to view the full Labor Department report.

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