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Economy

Economic Data (USA)

Tuesday, December 14, 2021

Producer Price Index - Final Demand (PPI-FD) for November 2021

The Producer Price Index - Final Demand (PPI-FD) for November 2021 was released this morning:

Predicted: +0.5%
Actual: +0.8%

Change from 12 months previous:  +9.6%

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

Predicted: +0.5%
Actual: +0.7%

Change from 12 months previous:  +6.9%

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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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From Today's Report:

"...On an unadjusted basis, the final demand index rose 9.6 percent for the 12 months ended in November, the largest advance since 12-month data were first calculated in November 2010..."

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CHART: Producer Price Index - Final Demand (PPI-FD) 12 Month Percent Change November 2021 Update

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