Thursday, August 09, 2018

Producer Price Index - Final Demand (PPI-FD) for July 2018

The Producer Price Index - Final Demand (PPI-FD) for July 2018 was released this morning:

Predicted: +0.3%
Actual: Unchanged (0.0%)

Change from 12 months previous: +3.3%

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

Predicted: +0.3%
Actual: +0.1%

Change from 12 months previous: +2.7%

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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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