Producer Price Index - Final Demand (PPI-FD) for June 2024
The Producer Price Index - Final Demand (PPI-FD) for June 2024 was released this morning:
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Previous Month (revised): FLAT
- Actual: +0.2%
Change from 12 months previous: +2.6% (prior = +2.2%)
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Below is the PPI-FD when food, energy and trade services are removed:
Previous Month (revised): +0.2%
- Actual: FLAT
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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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Labels: hard_data, inflation, ppi, ppi-fd, producer_price_index, wholesale, wholesale_prices
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