Thursday, January 13, 2022

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

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

Predicted: +0.5%
Actual: +0.2%

Change from 12 months previous:  +9.7%

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

Predicted: +0.5%
Actual: +0.4%

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, final demand prices moved up 9.7 percent in 2021, the largest calendar-year increase since data were first calculated in 2010..."

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CHART: Producer Price Index - Final Demand (PPI-FD) - December 2021 Update

CHART: Producer Price Index - Final Demand (PPI-FD)
December 2021 Update

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