Producer Price Index - Final Demand (PPI-FD) for April 2024

The Producer Price Index - Final Demand (PPI-FD) for April 2024 was released this morning:

Previous Month (unrevised): +0.2%

• > Actual: +0.5%

Change from 12 months previous:  +2.2%  (prior = +2.1%)

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

Previous Month (unrevised): +0.2%

• > Actual: +0.4%

Change from 12 months previous:  +3.1%  (prior = +2.8%)

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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)
12-Month Percent Change
APRIL 2024 Update

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• Click here to view the full Labor Department report.

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