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

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

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Previous Month: +0.1%

• Actual: +0.2%

Change from 12 months previous:  +1.7%  (prior = +2.2%)

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

Previous Month: +0.3%

• Actual: +0.3%

Change from 12 months previous:  +3.3%  (prior = +3.3%)

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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
AUGUST 2024 Update

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• Click here to view the full Labor Department report.

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