Transmission of material in this release is embargoed until USDL 24-0655

8:30 a.m. (ET) Thursday, April 11, 2024

Technical information: (202) 691-7705 • ppi-info@bls.gov • www.bls.gov/ppi

Media contact: (202) 691-5902 • PressOffice@bls.gov

PRODUCER PRICE INDEXES – MARCH 2024

The Producer Price Index for final demand rose 0.2 percent in March, seasonally adjusted, the U.S. 

Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 percent in February and 

0.4 percent in January. (See table A.) On an unadjusted basis, the index for final demand increased 2.1 

percent for the 12 months ended in March, the largest advance since rising 2.3 percent for the 12 months 

ended April 2023.

The March increase in the index for final demand is attributable to a 0.3-percent rise in prices for final 

demand services. In contrast, the index for final demand goods edged down 0.1 percent.

The index for final demand less foods, energy, and trade services moved up 0.2 percent in March after 

rising 0.3 percent in February. For the 12 months ended in March, prices for final demand less foods,

energy, and trade services increased 2.8 percent. 

Chart 1. One-month percent changes in selected PPI final demand price indexes, seasonally adjusted

Chart 2. Twelve-month percent changes in selected PPI final demand price indexes, not seasonally adjusted

-2.0

-1.0

0.0

1.0

2.0

Mar'23 Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar'24

Percent change

Final demand Final demand goods Final demand services

-6.0

-4.0

-2.0

0.0

2.0

4.0

Mar'23 Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar'24

Percent change

Final demand Final demand goods Final demand services
2

Final Demand

Final demand services: The index for final demand services moved up 0.3 percent in March, the third 

consecutive rise. Leading the broad-based March increase, prices for final demand services less trade, 

transportation, and warehousing advanced 0.2 percent. The indexes for final demand trade services and for 

final demand transportation and warehousing services moved up 0.3 percent and 0.8 percent, respectively. 

(Trade indexes measure changes in margins received by wholesalers and retailers.)

Product detail: A major factor in the March increase in prices for final demand services was the index for 

securities brokerage, dealing, investment advice, and related services, which rose 3.1 percent. The indexes

for professional and commercial equipment wholesaling; airline passenger services; investment banking; 

deposit services (partial); and computer hardware, software, and supplies retailing also moved higher. 

Conversely, prices for traveler accommodation services decreased 3.8 percent. The indexes for automobiles 

retailing (partial) and for machinery and equipment parts and supplies wholesaling also fell. (See table 2.)

Final demand goods: Prices for final demand goods decreased 0.1 percent in March after rising 1.2 percent 

in February. The decline is attributable to the index for final demand energy, which moved down 1.6 percent. 

In contrast, prices for final demand foods and for final demand goods less foods and energy advanced 0.8

percent and 0.1 percent, respectively. 

Product detail: Leading the March decline in the index for final demand goods, prices for gasoline decreased 

3.6 percent. The indexes for chicken eggs, carbon steel scrap, jet fuel, and fresh fruits and melons also fell. 

Conversely, prices for processed poultry jumped 10.7 percent. The indexes for fresh and dry vegetables, 

residential electric power, and motor vehicles also moved higher. 
3

Intermediate Demand by Commodity Type

Within intermediate demand in March, prices for processed goods declined 0.5 percent, the index for 

unprocessed goods fell 1.9 percent, and prices for services rose 0.2 percent. (See tables B and C.)

Processed goods for intermediate demand: In March, the index for processed goods for intermediate 

demand moved down 0.5 percent, the largest decline since falling 0.7 percent in November 2023. Leading 

the March decrease, prices for processed energy goods dropped 1.5 percent. The index for processed 

materials less foods and energy moved down 0.4 percent. In contrast, prices for processed foods and feeds 

advanced 0.6 percent. For the 12 months ended in March, the index for processed goods for intermediate 

demand fell 1.7 percent.

Product detail: A major factor in the March decline in prices for processed goods for intermediate demand 

was the index for natural gas to electric utilities, which decreased 6.4 percent. Prices for ethanol, cold rolled 

steel sheet and strip, gasoline, commercial electric power, and prepared animal feeds also fell. Conversely, 

the index for processed poultry jumped 10.7 percent. Prices for primary basic organic chemicals and for 

diesel fuel also rose. 

Unprocessed goods for intermediate demand: The index for unprocessed goods for intermediate demand 

moved down 1.9 percent in March following a 0.7-percent decline in February. The March decrease can be 

attributed to prices for unprocessed energy materials, which fell 6.9 percent. In contrast, the index for 

unprocessed foodstuffs and feedstuffs advanced 2.2 percent, and prices for unprocessed nonfood materials 

less energy increased 0.2 percent. For the 12 months ended in March, the index for unprocessed goods for 

intermediate demand dropped 7.1 percent. 

Product detail: Leading the March decrease in prices for unprocessed goods for intermediate demand, the 

index for natural gas dropped 37.0 percent. Prices for carbon steel scrap, slaughter chickens, crude 

petroleum, fresh fruits and melons, and ungraded chicken eggs also fell. Conversely, the index for livestock 

increased 5.4 percent. Prices for nonferrous metal ores and for corn also rose.
4

Services for intermediate demand: Prices for services for intermediate demand moved up 0.2 percent in 

March after no change in February. The advance can be traced to a 0.3-percent increase in the index for 

services less trade, transportation, and warehousing for intermediate demand. Both margins for trade services 

for intermediate demand and prices for transportation and warehousing services for intermediate demand 

were unchanged. For the 12 months ended in March, the index for services for intermediate demand rose 3.6 

percent.

Product detail: More than half of the March increase in the index for services for intermediate demand can 

be attributed to a 3.1-percent advance in prices for securities brokerage, dealing, investment advice, and 

related services. The indexes for investment banking; metals, minerals, and ores wholesaling; deposit 

services (partial); gross rents for office buildings; and airline passenger services also moved higher. In 

contrast, prices for television advertising time sales fell 8.4 percent. The indexes for arrangement of freight 

and cargo transportation and for machinery and equipment parts and supplies wholesaling also decreased. 

Intermediate Demand by Production Flow

Stage 4 intermediate demand: Prices for stage 4 intermediate demand moved up 0.2 percent in March, the 

fifth consecutive rise. In March, the index for total services inputs to stage 4 intermediate demand advanced 

0.4 percent. In contrast, prices for total goods inputs declined 0.2 percent. Increases in the indexes for 

securities brokerage, dealing, investment advice, and related services; investment banking; processed 

poultry; metals, minerals, and ores wholesaling; gross rents for office buildings; and food and alcohol 

wholesaling outweighed decreases in the indexes for gasoline; machinery and equipment parts and supplies 

wholesaling; and gross rents for retail properties. For the 12 months ended in March, prices for stage 4 

intermediate demand rose 2.1 percent.
5

Stage 3 intermediate demand: Prices for stage 3 intermediate demand were unchanged in March after 

increasing 1.0 percent in February. In March, the index for total goods inputs to stage 3 intermediate demand 

edged down 0.1 percent, while the index for total services inputs was unchanged. Falling prices for jet fuel,

slaughter chickens, arrangement of freight and cargo transportation, cold rolled steel sheet and strip, and 

television advertising time sales offset advances in the indexes for livestock; raw milk; primary basic organic 

chemicals; corn; and metals, minerals, and ores wholesaling. For the 12 months ended in March, prices for 

stage 3 intermediate demand decreased 0.4 percent. 

Stage 2 intermediate demand: The index for stage 2 intermediate demand decreased 1.3 percent in March, 

the largest decline since falling 1.4 percent in May 2023. In March, prices for total goods inputs to stage 2 

intermediate demand dropped 3.1 percent, while the index for total services inputs was unchanged. Declining 

prices for gas fuels, carbon steel scrap, broadcast and network television advertising time sales, ethanol, 

crude petroleum, and arrangement of freight and cargo transportation outweighed increases in the indexes for 

deposit services (partial), primary basic organic chemicals, and nonferrous metal ores. For the 12 months 

ended in March, prices for stage 2 intermediate demand fell 0.4 percent.

Stage 1 intermediate demand: The index for stage 1 intermediate demand edged down 0.1 percent in 

March after increasing 0.4 percent in February. In March, prices for total goods inputs to stage 1 intermediate 

demand declined 0.7 percent. Conversely, the index for total services inputs moved up 0.5 percent. 

Decreasing prices for carbon steel scrap, ethanol, traveler accommodation services, natural gas to electric 

utilities, and cold rolled steel sheet and strip outweighed increases in the indexes for securities brokerage, 

dealing, investment advice, and related services; investment banking; primary basic organic chemicals; and 

metals, minerals, and ores wholesaling. For the 12 months ended in March, prices for stage 1 intermediate 

demand advanced 0.2 percent, the first increase since rising 0.7 percent in the 12 months ended March 2023.

________________

The Producer Price Index for April 2024 is scheduled to be released on Tuesday, May 14, 2024, at 

8:30 a.m. (ET).
6

Technical Note

Brief Explanation of Producer Price Indexes

The Producer Price Index (PPI) of the Bureau of Labor 

Statistics (BLS) is a family of indexes that measures the 

average change over time in prices received (price changes) by 

producers for domestically produced goods, services, and 

construction. PPIs measure price change from the perspective 

of the seller. This contrasts with other measures, such as the 

Consumer Price Index (CPI). CPIs measure price change 

from the purchaser’s perspective. 

More than 10,000 PPIs for individual products and groups 

of products are released each month. PPIs are available for the 

products of virtually every industry in the mining and 

manufacturing sectors. Over time, new PPIs have been 

introduced for products of industries in the services and 

construction sectors of the U.S. economy. As of January 2023, 

the PPI covered 69 percent of services as measured by 2017

Census revenue, and 17 percent of construction.

More than 64,000 price quotations per month are 

organized into three sets of PPIs: (1) Final demandIntermediate demand (FD-ID) indexes, (2) commodity 

indexes, and (3) indexes for the net output of industries and 

their products. The FD-ID structure organizes products by 

class of buyer and degree of fabrication as well as by stage of 

production. The commodity structure organizes products by 

similarity of end use or product type. The entire output of 

various industries is sampled to derive price indexes for the 

net output of industries and their products.

Final Demand–Intermediate Demand 

Indexes

The PPI FD-ID structure measures price change for 

goods, services, and construction sold to final demand and to 

intermediate demand. The FD-ID system replaced the PPI 

stage-of-processing (SOP) system as PPI’s primary 

aggregation model with the release of data for January 2014.

The FD-ID model expands coverage beyond that of the SOP

system through the addition of services, construction, exports, 

and government purchases. 

Compared with finished goods under the SOP system, the 

PPI for final demand goods includes nearly a 50 percent 

expansion of coverage. This increase can be traced to the 

addition of government purchases and exports. For overall 

final demand, expansion to include final demand services 

represents an even larger increase in coverage. In December 

2022, final demand goods were about 30.7 percent of overall 

final demand, final demand services were roughly 66.6

percent, and final demand construction was about 2.7 percent 

of final demand. Within intermediate demand, coverage of 

services for intermediate demand resulted in about a 45

percent increase in coverage of the intermediate demand 

portion of the economy. 

FD-ID indexes are constructed from commodity-based 

producer output price indexes. Commodities are allocated to 

aggregate indexes primarily based on the type of buyer. The 

main source of data used to determine the type of buyer is the 

“Use of commodities by industries, before redefinition,” table 

from the Benchmark Input-Output Accounts of the U.S. In 

many cases, the same commodity is purchased by different 

types of buyers. As a result, commodities are often included 

in several FD-ID indexes. For example, regular gasoline is 

purchased for personal consumption, export, government use, 

and business use. The PPI program publishes only one 

commodity index for regular gasoline (wpu057104), reflecting 

sales to all types of buyers, and this index is used in all 

aggregations regardless of whether the gasoline is sold for 

personal consumption, as an export, to government, or to 

businesses. Proportions based on BEA “Use of Commodities” 

data are used to allocate the correct portion of the total weight 

of gasoline to each use category. In cases when buyer type is 

an important price determining characteristic, indexes are 

created based on specific buyer type. For example, within the 

PPI category for loan services, separate indexes for consumer 

loans and business loans were constructed. For more 

information relating to the FD-ID structure, see “A new, 

experimental system of indexes from the PPI program” in the 

February 2011 Monthly Labor Review. 

Final Demand: The final demand portion of the FD-ID 

structure measures price change for commodities sold for

personal consumption, capital investment, government, and 

export. The system is composed of six main price indexes: 

final demand goods; final demand trade services; final demand 

transportation and warehousing services; final demand 

services less trade, transportation, and warehousing; final 

demand construction; and overall final demand.

 The final demand goods index measures price change for 

both unprocessed and processed goods sold to final demand. 

Fresh fruits sold to consumers and computers sold for capital 

investment are examples of transactions included in the final 

demand goods price index. The final demand trade services 

index measures price change for the retailing and wholesaling 

of merchandise sold to final demand, generally without 

transformation. (Trade indexes measure changes in margins 

received by wholesalers and retailers.) The final demand 

transportation and warehousing services index tracks price 

change for transportation of passengers, as well as,

transportation of cargo sold to final demand, and also includes 

prices for warehousing and storage of goods sold to final 

demand. The final demand services less trade, transportation, 

and warehousing index measures price change for all services 

other than trade and transportation sold to final demand. 

Publishing, banking, lodging, and health care are examples of 

these services. The final demand construction index tracks 

price change for new construction, as well as maintenance and 

repair construction sold to final demand. Construction of 

office buildings is an example of a commodity that would be 

included in the final demand construction index. Lastly, the 

overall final demand index tracks price change for all types of 

commodities sold to final demand by combining the five final 

demand component indexes described above.

Intermediate Demand: The intermediate demand portion of 

the FD-ID system tracks price change for goods, services, and 

construction products sold to businesses as inputs to 
7

production, excluding capital investment. The system includes 

two parallel treatments of intermediate demand. The first 

treatment organizes intermediate demand commodities by 

type. The second organizes intermediate demand commodities 

into production stages, with the explicit goal of developing a 

forward-flow model of production and price change. 

 The intermediate demand by commodity type portion of 

the system organizes commodities by similarity of product. 

The system is composed of six main price indexes: 

unprocessed goods for intermediate demand; processed goods 

for intermediate demand; intermediate demand trade services;

intermediate demand transportation and warehousing services;

intermediate demand services less trade, transportation, and 

warehousing; and intermediate demand construction. 

 The unprocessed goods for intermediate demand price 

index measures price change for goods sold to businesses as 

inputs to production that have undergone no fabrication. Crude 

petroleum sold to refineries is an example of an unprocessed 

good sold to intermediate demand. The processed goods for 

intermediate demand index tracks price change for fabricated 

goods sold as business inputs. Examples include car parts sold 

to car manufacturers and gasoline sold to trucking companies.

The index for trade services for intermediate demand 

measures price change for the services of retailing and 

wholesaling goods purchased by businesses as inputs to 

production. The intermediate demand transportation and 

warehousing services index measures price change for 

business travel, as well as, transportation and warehousing of 

cargo sold to intermediate demand. The intermediate demand 

services less trade, transportation, and warehousing index 

measures price change for services other than trade,

transportation, and warehousing sold as inputs to production. 

Legal and accounting services purchased by businesses are 

examples of intermediate demand services excluding trade, 

transportation, and warehousing. Finally, the construction for 

intermediate demand index measures price change for 

construction purchased by firms as inputs to production. The 

index for construction for intermediate demand tracks price 

change for maintenance and repair construction purchased by 

firms. 

The production flow treatment of intermediate demand is 

a stage-based system of price indexes. These indexes can be 

used to study price transmission across stages of production 

and final demand. This system is constructed in a manner that 

maximizes forward flow of production between stages, while 

minimizing back-flow of production. The production flow 

treatment contains four main indexes: intermediate demand 

stage 1, intermediate demand stage 2, intermediate demand 

stage 3, and intermediate demand stage 4. 

Indexes for the four stages were developed by first 

assigning each industry in the economy to one of four stages 

of production, where industries assigned to the fourth stage 

primarily produce output consumed as final demand, 

industries in the third stage primarily produce output 

consumed by stage 4 industries, industries assigned to the 

second stage primarily produce output consumed by stage 3 

industries, and industries assigned to the first stage produce 

output primarily consumed by stage 2 industries. The four 

indexes then track prices for the net inputs consumed by

industries in each of the four stages of production. The stage 4 

intermediate demand index, for example, tracks price change 

for inputs consumed, but not produced, by industries included 

in the fourth stage of production. Hence, the index tracks

price change in inputs to industries that primarily produce 

final demand commodities (stage 4 producers primarily 

produce commodities sold to final demand). 

Examples of heavily weighted goods-producing industries 

in stage 4 include the manufacture of light trucks and utility 

vehicles, automobiles, and pharmaceuticals. Retail trade, food 

service and drinking places, and hospitals are examples of 

heavily weighted service industries included in stage 4. Stage 

4 also includes all new construction industries. Examples of 

goods consumed by stage 4 industries include motor vehicle 

parts, commercial electric power, plastic construction 

products, biological products, and beef and veal. Engineering 

services, machinery and equipment wholesaling, long distance 

motor carrying, and legal services constitute examples of 

services consumed by stage 4 industries.

Examples of highly weighted goods-producing industries 

included in stage 3 are motor vehicle parts manufacturing, 

animal (except poultry) slaughtering and processing, and 

semiconductor manufacturing. Services industries classified 

in stage 3 include wholesale trade; insurance carriers; 

architecture, engineering, and related services; and hotels and 

motels. Examples of goods consumed by stage 3 industries 

include slaughter steers and heifers, industrial electric power, 

and hot rolled steel bars, plates, and structural shapes. 

Services commonly consumed by stage 3 industries include 

commissions from sales of property and casualty insurance, 

business loans, temporary help services, and administrative 

and general management consulting services.

Petroleum refineries; electricity generation, transmission, 

and distribution; natural gas distribution; cattle ranching and 

farming; and plastic materials and resin manufacturing are 

among the goods-based industries assigned to stage 2. 

Services industries that are heavily weighted in stage 2 include 

management of companies and enterprises; non-depository 

credit intermediation; insurance agencies and brokerages; and 

services to buildings and dwellings. Goods commonly 

purchased by stage 2 industries include crude oil, natural gas, 

formula feeds, and primary basic organic chemicals. Services 

that are heavily weighted in the intermediate demand stage 2 

index are legal services, business loans, and cellular phone and 

other wireless telecommunication.

Goods producing industries in stage 1 include oil and gas 

extraction, paper mills, and grain farming. Real estate, legal 

services, and advertising services are examples of highly 

weighted services industries included in stage 1. Examples of 

goods consumed by stage 1 industries are commercial and 

industrial electric power and gasoline. Services commonly 

consumed by stage 1 industries include solid waste collection, 

chemicals and allied products wholesaling, and guestroom or 

unit rental. It should be noted that all inputs purchased by 

stage 1 industries are by definition produced either within 

stage 1 or by latter stages of processing, leaving stage 1 less 

useful for price transmission analysis. For additional 

information on industry stage assignments, see 

www.bls.gov/ppi/fd-id/ppi-intermediate-demand-byproduction-flow-industry-stage-assignments.htm.
8

Comparing the PPI with CPI

Although some data users utilize the PPI as a potential 

indicator of the Consumer Price Index (CPI), there are many 

reasons why the PPI and the CPI may diverge. The scope of 

the personal consumption portion of the PPI includes all 

marketable output sold by domestic producers for households. 

The scope of the CPI includes goods and services provided by 

business or government, where explicit user charges are paid 

by consumers. For example, the most heavily weighted item in 

the CPI, owners’ equivalent rent, is excluded from the PPI. 

The scope of the CPI includes imports. The PPI excludes 

imports. The CPI only includes components of personal 

consumption directly paid for by the consumers, while the PPI 

includes components of personal consumption that may not be 

paid for by consumers. For example, the PPI includes medical 

services paid for by third parties. In contrast to CPI, PPI does 

not completely cover services. PPIs exclude taxes, since they 

do not represent producer revenue. Conversely, sales and other 

taxes paid by consumers are part of household expenditure and 

are included in the CPI. Additional technical differences 

between PPI and CPI also exist. For more information see 

“Comparing new final demand producer price indexes with 

other Government price indexes,” Monthly Labor Review, 

January 2014, at www.bls.gov/opub/mlr/.

Commodity Indexes

The commodity classification of the PPI organizes goods,

services, and construction by similarity of product or end use, 

disregarding industry of origin. With the release of data for 

July 2009, PPI expanded its commodity structure to include 

indexes for services and construction products. Prior to this 

date, the PPI commodity structure only included products 

from goods producing sectors. Table 9 of the PPI Detailed 

Report includes data for commodity indexes, organized in a 

hierarchal structure, including major groupings, subgroups, 

product classes, sub-product classes, and individual items.

Industry Net-Output Price Indexes

PPIs for the net output of industries and their products are 

grouped according to the North American Industry 

Classification System (NAICS). Prior to the release of 

January 2004, industry-based PPIs were published according 

to the Standard Industrial Classification (SIC) system. 

Industry price indexes are compatible with other economic 

time series organized by industry, such as data on 

employment, wages, and productivity. Table 11 of the PPI 

Detailed Report includes data for NAICS industries and 

industry groups (3-, 4-, 5-, and 6-digit codes), Census product 

classes (7- and 8-digit codes), products (9-digit codes), more 

detailed sub-products (11-digit codes), and, for some 

industries, indexes for other sources of revenue.

Indexes may represent one of three kinds of product 

categories. Every industry has primary product indexes that 

show changes in prices received by establishments classified 

in the industry for products made primarily, but not 

necessarily exclusively, by that industry. The industry 

classification of an establishment is determined by which 

products make up a plurality of its total shipment value. In 

addition, most industries have secondary product indexes that 

show changes in prices received by establishments for 

products chiefly made in some other industry. Some industries 

have miscellaneous receipts indexes that track price changes 

for other sources of revenue received by establishments within 

the industry that are not derived from sales of their products; 

for example, resales of purchased materials, or revenues from 

parking lots owned by a manufacturing plant.

Data Collection

PPIs are constructed using selling prices reported by 

establishments of all sizes, selected by probability sampling, 

with the probability of selection proportionate to size. 

Individual items and transaction terms also are chosen by 

probability proportionate to size. BLS strongly encourages 

cooperating companies to supply actual transaction prices at 

the time of shipment to minimize the use of list prices. Prices 

submitted by survey respondents are effective on the Tuesday 

of the week containing the 13th day of the month. The survey 

is conducted online via the BLS Internet Data Collection 

Facility (IDCF). Data provided by survey respondents are

supplemented with data from other sources for some areas.

Price data are provided by survey respondents on a 

voluntary and confidential basis; only sworn BLS employees 

are allowed access to individual company price reports. BLS 

publishes price indexes, not actual prices. All PPIs are subject 

to monthly revisions up to 4 months after original publication 

to reflect the availability of late reports and corrections by 

respondents. 

BLS periodically updates the PPI sample of survey 

respondents to better reflect current conditions when the 

structure, membership, technology, or product mix of an 

industry shifts significantly and to spread reporting burden 

among smaller firms. Information on these resampling efforts 

are noted in the PPI News Release and PPI Detailed Report in 

the months they occur. 

As part of an ongoing effort to expand coverage to sectors 

of the economy other than mining and manufacturing, an 

increasing number of service and construction sector 

industries have been introduced into the PPI. The following 

list of industries introduced since the mid-1990s includes the 

month and year in which an article describing the industry’s 

content appeared in the PPI Detailed Report.

Service and construction sector industries introduced into the 

Producer Price Index, by SIC or NAICS code at their date of 

introduction and the PPI Detailed Report issue that announces 

their introduction

Title Code PPI Detailed

Report Issue

SIC

Wireless telecommunications .......... 4812 July 1999

Telephone communications, except 

radio telephone ............................ 4813 July 1995

Television broadcasting .................... 4833 July 2002

Grocery stores ................................ 5411 July 2000

Meat and fish (seafood) markets ........ 5421 July 2000

Fruit and vegetable markets ............... 5431 July 2000

Candy, nut, and confectionery stores ... 5441 July 2000
9

Title Code PPI Detailed

Report Issue

SIC

Retail bakeries ............................. 5461 July 2000

Miscellaneous food stores ................. 5499 July 2000

New car dealers ........................... 5511 July 2000

Gasoline service stations .................. 5541 January 2002

Boat dealers ................................ 5551 January 2002

Recreational vehicle dealers .............. 5561 January 2002

Miscellaneous retail ......................... 59 January 2001

Security brokers, dealers, and 

investment bankers ....................... 6211 January 2001

Investment advice ........................... 6282 January 2003

Life insurance carriers ...................... 6311 January 1999

Property and casualty insurance ...... 6331 July 1998

Insurance agencies and brokerages ... 6412 January 2003

Operators and lessors of 

nonresidential buildings .................... 6512 January 1996

Real estate agents and managers ...... 6531 January 1996

Prepackaged software ................... 7372 January 1998

Data processing services ............... 7374 January 2002

Home health care services ................ 8082 January 1997

Legal services .............................. 8111 January 1997

Engineering design, analysis, and 

consulting services .......................... 8711 January 1997

Architectural design, analysis, and 

consulting services ........................ 8712 January 1997

Premiums for property and casualty 

insurance .................................... 9331 July 1998

NAICS

New Industrial building construction .... 236211 January 2008

New warehouse building construction .. 236221 July 2005

New school construction ................... 236222 July 2006

New office construction .................. 236223 January 2007

New health care building construction.. 236224 January 2013

Concrete contractors, nonresidential 

building work .................................. 23811X July 2008

Roofing contractors, nonresidential 

building work .................................. 23816X July 2008

Electrical contractors, nonresidential 

building work .................................. 23821X July 2008

Plumbing / HVAC contractors, 

nonresidential building work ............ 23822X July 2008

Merchant wholesalers, durable goods.. 423 July 2005

Merchant wholesalers, nondurable 

goods ......................................... 424 July 2005

Electronics and appliance stores ...... 443 January 2004

Building material and garden 

equipment and supplies dealers........ 444 January 2004

Sporting goods, hobby, book, and 

music stores ................................. 451 January 2004

General merchandise stores .............. 452 January 2004

Miscellaneous store retailers .............. 453 January 2004

Pipeline transportation of natural gas.... 486210 June 2022

Internet service providers ................ 518111 July 2005

Internet publishing and web search 

portals ......................................... 519130 January 2010

Commercial banking ...................... 522110 January 2005

Savings institutions ........................ 522120 January 2005

Direct health and medical insurance 

carriers .......................................... 524114 July 2004

Title Code PPI Detailed

Report Issue

NAICS

Construction, mining, and forestry 

machinery and equipment rental and 

leasing ........................................ 532412 January 2005

Management consulting services ........ 541610 January 2007

Security guards and patrol services ..... 561612 July 2005

Offices of dentists .......................... 621210 January 2011

Blood and organ banks ..................... 621991 January 2007

Amusement and theme parks ............. 713110 July 2006

Golf courses and country clubs ........... 713910 July 2006

Fitness and recreational sports centers. 713940 July 2005

Commercial machinery repair and 

maintenance.................................... 811310 July 2007

Weights

Weights for most commodity groupings of the PPI, as 

well as, weights for commodity-based aggregate indexes

calculated from commodity groupings, such as FD-ID indexes, 

currently reflect 2017 values of shipments as reported in the 

Census of Manufactures and other sources. From January 

2018 to December 2022, PPI weights were derived from 2012

shipment values. Industry indexes now are calculated under 

the 2022 NAICS structure utilizing 2017 value of shipment 

weights and 2012 net output ratios. The periodic update of the 

value weights used to calculate the PPI is done to more 

accurately reflect changes in production and marketing 

patterns in the economy.

Net output values of shipments are used as weights for 

industry indexes. Net output values refer to the value of 

shipments from establishments within the industry to buyers 

outside the industry. However, weights for commodity indexes 

are based on gross shipment values, including values of 

shipments between establishments within the same industry. 

As a result, broad commodity grouping indexes, such as the 

PPI for All Commodities (which is composed of major 

commodity groupings 01 through 15), are affected by the 

multiple counting of price change at successive stages of 

processing, which can lead to exaggerated or misleading 

signals about inflation. The intermediate demand by 

commodity type FD-ID indexes partially correct for this

defect, but industry indexes, final demand FD-ID indexes, and

intermediate demand by production flow FD-ID indexes 

consistently correct for this at all levels of aggregation. 

Therefore, industry and FD-ID indexes are more appropriate 

than broad commodity groupings for analysis of general price 

trends.

Price Index Reference Base

Effective with publication of January 1988 data, many 

important PPI series (including most commodity groups and 

individual items) were placed on a new reference base, 1982 =

100. From 1971 through 1987, the standard reference base 

for most PPI series was 1967 = 100. Except for rounding 

differences, the shift to the new reference base did not alter 

any previously published percent changes for affected PPI

series. (See “Calculating Index Changes,” below.) The 1982 
10

reference base is not used for commodity indexes with a base 

later than December 1981 or for industry net output indexes 

and their products. The FD-ID indexes typically have a 

reference base of November 2009 = 100.

 For further information on the underlying concepts and 

methodology of the Producer Price Index, see chapter 14, 

“Producer Prices,” in the BLS Handbook of Methods. This 

chapter can be downloaded from the BLS Web site at 

www.bls.gov/opub/hom/homch14.htm.

Calculating Index Changes

Each PPI measures price changes from a reference period 

that equals 100.0. An increase of 5.5 percent from the 

reference period in the Final Demand Goods Price Index, for 

example, is shown as 105.5. This change also can be 

expressed in dollars, as follows: prices received by domestic 

producers of a sample of final demand goods have risen from 

$100 in November 2009 to $105.50. Likewise, a current index 

of 90.0 would indicate that prices received by producers of 

final demand goods are 10 percent lower than they were in 

November 2009.

Movements of price indexes from one month to another 

are usually expressed as percent changes, rather than as 

changes in index points. Index point changes are affected by 

the level of the index in relation to its base period, whereas 

percent changes are not. The following example shows the 

computation of index point and percent changes.

Index point change

Final Demand Goods Price Index 107.5

Less previous index 104.0

Equals index point change 3.5

Index percent change

Index point change 3.5

Divided by the previous index 104.0

Equals 0.034

Result multiplied by 100 0.034 x 100

Equals percent change 3.4

Seasonally Adjusted and Unadjusted Data

Because price data are used for different purposes by 

different groups, BLS publishes seasonally adjusted and 

unadjusted changes each month. Seasonally adjusted data are 

preferred for analyzing general price trends in the 

economy because these data eliminate the effect of changes 

that normally occur at about the same time, and in about the 

same magnitude, every year—such as price movements 

resulting from normal weather patterns, regular production 

and marketing cycles, model changeovers, seasonal discounts, 

and holidays. For these reasons, seasonally adjusted data 

more clearly reveal underlying trends. Unadjusted data are of 

primary interest to users who need information that can be 

related to actual dollar values of transactions. Individuals 

requiring this information include marketing specialists, 

purchasing agents, budget and cost analysts, contract 

specialists, and commodity traders. It is the unadjusted data 

that are generally cited when escalating long-term contracts 

such as purchasing agreements or real estate leases. For more 

information, see Price Adjustment Guide for Contracting 

Parties, on the Web at: www.bls.gov/ppi/publications/priceadjustment-guide-for-contracting-parties.htm.

Seasonal adjustment is accomplished using X-13 

ARIMA, a software package published by the U.S. Census 

Bureau. Each year, the seasonal status of most commodity 

indexes is reevaluated to reflect more recent price behavior. 

Industry net output indexes are not seasonally adjusted. For 

time series that exhibit seasonal pricing patterns, new seasonal 

factors are estimated and applied to the unadjusted data from

the prior 5 years. Updated seasonally adjusted indexes replace 

the most recent 5 years of seasonal data. 

Seasonal factors may be applied to series using either a 

direct or an aggregative method. Generally, commodity 

indexes are seasonally adjusted using direct seasonal 

adjustment, which produces a more complete elimination of 

seasonal movements than does the aggregative method. 

However, the direct seasonal adjustment process may not yield 

figures that possess additive consistency. Thus, a seasonally 

adjusted index for a broad category that is directly adjusted 

may not be logically consistent with all seasonally adjusted 

indexes for its components. Seasonal movements for FD-ID 

indexes are derived indirectly through an aggregative method

that combines movements of a wide variety of subproduct 

class (six-digit) series.

Seasonally adjusted indexes can become problematic 

when previously stable and predictable price patterns abruptly 

change. If the new pattern persists, the seasonal adjustment

method will eventually reflect it; if the pattern keeps shifting, 

however, seasonally adjusted data will become chronically 

troublesome. This problem occurs relatively infrequently for 

farm and food-related products, but has more often affected 

manufactured products such as automobiles and steel.

Since January 1988, the PPI has used Intervention 

Analysis Seasonal Adjustment methods to enhance the 

calculation of seasonal factors. With this technique, outlier 

values that may distort the seasonal pattern are removed from 

the data prior to applying the standard seasonal factor 

estimation procedure. For example, a possible economic 

cause for large price movements for petroleum-based products 

might have been the COVID-19 pandemic. In this case, 

intervention techniques allowed for better estimates of 

seasonally adjusted data. On the whole, very few series have 

required intervention. Out of over 400 seasonally adjusted 

commodity series, 69 were subject to intervention in 2023.

For more information relating to seasonal adjustment

methods, see “PPI and CPI Seasonal Adjustment: an Update” 

in the July 2010 Monthly Labor Review, and “PPI and CPI 

Seasonal Adjustment During the COVID-19 Pandemic” in the 

May 2022 Monthly Labor Review.

Producer Price Index Data on the Internet

In 1995, the BLS began posting PPI series, news releases, 

and technical information to the internet. There were more 

than 13 million instances of PPI data being downloaded from 

the BLS website during 2022.
11 

Retrieving PPI data from the PPI Web site

PPI data can be obtained online (www.bls.gov/ppi). On 

this page, under the tab labeled “Featured PPI databases” links 

provide the following methods of data retrieval:

• Top Picks is a form-based application for both Industry 

Data and Commodity Data that allows the user to quickly 

obtain PPI time series data by selecting the high-level 

aggregate and other commonly requested time series, 

including the All Commodities Index and the FD-ID 

indexes (for example, Final Demand). Within each list, 

any one—or all—of the time series shown can be 

selected. A user can modify the date range and output 

options after executing the query, using the reformat 

button above the data output table.

• One-Screen Data Search and Multi-Screen Data Search

are form-based query applications for both Industry Data 

and Commodity Data designed for users unfamiliar with 

the PPI coding structure. These applications guide a user 

through the PPI classification by listing index titles and 

do not require knowledge of commodity or industry 

codes. Data retrieved are based on a query formulated by 

selecting data characteristics from lists provided. Two 

options are available to create customized tables, 

depending on a user’s browser capability. The one-screen 

option is a JavaScript application that uses a single screen 

to guide a user through the available time series data. The 

second option is a multiple-screen, non-Java-based 

application. Both methods allow a user to browse the PPI 

coding structure and select multiple series. Users can 

modify the date range and output options after executing 

the query using the reformat button above the data output 

table.

• Series Report is a form-based application that allows 

users to input multiple, formatted PPI time series 

identifiers (commodity or industry codes) as inputs in 

extracting data according to a specified set of date ranges 

and output options. This application provides the most 

efficient path for users who are familiar with the format of 

PPI time series identifiers. There are five alphabetic 

prefixes used to create unique PPI time series identifiers: 

WP, WD, PC, PD, and ND. Each provides the user 

access to a different PPI database. Adding either a “u” 

(not seasonally adjusted) or an “s” (seasonally adjusted) 

to the end of these prefixes further specifies the type of 

data needed. 

EXAMPLES

For commodity and FD-ID indexes, series identifiers 

combine a “wpu” prefix (not seasonally adjusted) or a

“wps” prefix (seasonally adjusted) with a commodity 

code. 

Commodity code Provides data for:

wps141101 Passenger cars, seasonally adjusted 

wpu141101 Passenger cars, not seasonally 

adjusted

wpufd4 Final demand, not seasonally 

adjusted

wpsid63 Services for intermediate demand, 

seasonally adjusted

For discontinued commodity indexes, series identifiers 

combine a “wdu” prefix (not seasonally adjusted) or a 

“wds” prefix (seasonally adjusted) with a commodity 

code. 

Commodity code Provides data for:

wds019 Other farm products, seasonally 

adjusted 

wdu0635 Preparations, ethical (prescription), 

not seasonally adjusted

wdusi138011 Stainless steel mill products, not 

seasonally adjusted

Current price indexes grouped by industry according 

to NAICS have series identifiers that begin with the 

prefix “pcu.” After the prefix, there are 12 digits (the 6-

digit industry code is listed twice) followed by up to 7 

alphanumeric characters identifying product detail. 

Dashes are used as placeholders for higher-level industry 

group codes.

Industry-product code, 

current NAICS series Provides data for:

pcu325---325--- Chemical manufacturing 

pcu336110336110 Automobile and light duty 

motor vehicle manufacturing

pcu621111621111411 Offices of physicians, one- and 

two-physician practices and 

single-specialty group

practices, general/family 

practice

Discontinued industry-product codes based on SIC

combine a “pdu” prefix and “#” between the fourth and 

fifth characters of the product code. Series identifiers for 

the discontinued dataset use underscores as placeholders 

to complete a reference to an SIC industry group code of 

fewer than four digits. (All PPI industry-based indexes 

organized by SIC were discontinued with the introduction 

of NAICS in 2004.)

Industry-product code,

discontinued SIC series Provides data for:

pdu28_ _# Chemicals and allied products

pdu331_# Blast furnaces, steel works, 

and rolling and finishing mills

pdu3711#111 Passenger cars
12 

Price indexes for discontinued series grouped by 

industry according to NAICS have identifiers that begin 

with the prefix “ndu”. After the prefix, there are 12

numeric digits (the 6-digit industry code is listed twice),

and up to 7 additional alphanumeric characters that

identify product detail. Dashes are used as placeholders 

for higher-level group codes.

Industry-product code, 

discontinued NAICS series Provides data for

ndu212231212231 Lead and zinc ore mining

ndu2122312122312 Lead, zinc concentrates

ndu212231212231214 Lead concentrates

• Text Files are best suited for users requiring access 

to either a large volume of time series data or other 

PPI-related documentation, such as seasonal factor 

tables and relative importance tables. The text files 

can be accessed at download.bls.gov/ or directly 

from links on the “PPI Databases” page or the PPI 

homepage. Data and documentation available for 

download include the following:

 Directory: 

Industry Data /pub/time.series/pc

Industry Data - Discontinued 

 (NAICS basis) /pub/time.series/nd

(SIC basis) /pub/time.series/pd

Commodity Data (incl. FD-ID) /pub/time.series/wp

Commodity Data – Discontinued /pub/time.series/wd

Special requests /pub/special.requests/ppi

Additional information

The PPI homepage (www.bls.gov/ppi) contains 

additional information regarding PPI data and methodology. 

The “PPI Publications” section of the homepage provides PPI 

news releases, both current and archived, as well as general 

PPI information. The “PPI Tables” section provides relative 

importance and seasonal factor tables. The remaining sections 

offer special notices and publications pertaining to PPI 

methodology and applications. 

For questions or comments regarding PPI data 

classification, methodology, or data availability on the 

Internet, call or e-mail the Section of Index Analysis and 

Public Information at (202) 691-7705 or ppi-info@bls.gov. If 

you are deaf, hard of hearing, or have a speech disability, 

please dial 7-1-1 to access telecommunications relay services.
Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand

groupings, seasonally adjusted

[March 2024]

Grouping

Commodity

code

Relative

Importance

Dec.

20231

Unadjusted

12-month

percent

change2

Seasonally adjusted 1-month percent change2

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Final Demand

Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4 100.000 2.1 0.1 -0.1 0.4 0.6 0.2

Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41 30.099 0.8 -0.2 -0.1 -0.1 1.2 -0.1

Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 411 5.587 1.0 0.7 0.0 -0.3 1.1 0.8

Finished consumer foods3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4111 4.272 3.0 0.7 0.1 0.4 1.9 0.8

Finished consumer foods, crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41113 0.351 -4.1 19.4 -6.3 8.0 10.2 -4.0

Finished consumer foods, processed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41112 3.921 3.7 -0.7 0.7 -0.2 1.1 1.3

Government purchased foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4112 0.405 3.5 -0.1 0.6 -1.4 1.0 0.8

Foods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4113 0.910 -8.7 0.7 -0.6 -2.9 -2.5 1.0

Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 412 5.515 -1.0 -2.0 -0.8 -1.2 4.1 -1.6

Finished consumer energy goods3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4121 4.287 0.3 -1.5 0.6 -1.3 3.4 -1.5

Government purchased energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4122 0.837 -5.3 -3.3 -5.0 -1.1 7.2 -1.8

Energy for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4123 0.391 -6.3 -4.0 -7.5 0.0 5.8 -2.3

Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 413 18.996 1.4 0.1 0.1 0.3 0.3 0.1

Finished goods less foods and energy3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4131 10.931 2.2 0.2 0.0 0.3 0.3 0.2

Finished consumer goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . FD 41311 5.809 1.8 0.2 0.0 0.2 0.4 0.1

Nondurable consumer goods less foods and energy. . . . . . . . . . . . . . . . . FD 413111 3.519 2.4 0.3 0.1 0.1 0.6 0.0

Durable consumer goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 413112 2.290 1.0 0.2 0.0 0.2 0.1 0.3

Private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41312 5.122 2.7 0.2 0.1 0.5 0.3 0.4

Private capital equipment for manufacturing industries. . . . . . . . . . . . . . . FD 413121 1.254 3.6 0.2 0.2 0.7 0.3 0.5

Private capital equipment for nonmanufacturing industries. . . . . . . . . . . FD 413122 3.868 2.4 0.2 0.0 0.5 0.3 0.3

Government purchased goods, excluding foods and energy. . . . . . . . . . . . . . FD 4132 1.959 1.8 -0.1 0.0 0.4 0.3 0.3

Government purchased goods excluding foods, energy, and capital

equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41321 1.146 0.2 -0.2 0.0 0.1 0.4 0.2

Government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41322 0.813 4.2 0.2 0.1 0.8 0.2 0.4

Goods for export, excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4133 6.106 -0.1 0.0 0.1 0.1 0.3 -0.3

Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42 67.245 2.8 0.2 -0.1 0.6 0.3 0.3

Final demand trade services4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 423 19.337 0.7 0.4 -1.1 0.2 0.1 0.3

Trade of finished goods3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4231 16.652 0.3 0.2 -0.9 -0.1 0.2 0.3

Trade of personal consumption goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42311 13.614 0.6 -0.4 0.0 -0.5 0.3 0.1

Trade of private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42312 3.038 -1.4 2.8 -4.9 1.4 -0.3 1.1

Trade of government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4232 0.758 4.5 2.0 -2.8 1.5 0.1 0.3

Trade of government purchased goods, excluding capital equipment. . . FD 42321 0.478 5.5 0.6 -0.5 0.0 0.1 -0.2

Trade of government purchased capital equipment. . . . . . . . . . . . . . . . . . . . FD 42322 0.280 2.8 4.4 -6.6 4.0 0.0 1.2

Trade of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4233 1.927 3.6 2.3 -2.9 2.7 -0.7 0.4

Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . FD 422 4.925 -0.8 -0.2 -0.1 -0.2 1.1 0.8

Transportation of passengers for final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4221 1.262 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation of private passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42211 0.851 2.0 -0.4 2.6 -0.7 2.6 2.2

Transportation of government passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42212 0.102 2.0 -0.4 2.6 -0.7 2.6 2.2

Transportation of passengers for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42213 0.309 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods for final demand. . . . . . . . . . . . . . . FD 4222 3.663 -1.8 -0.2 -1.1 0.0 0.6 0.3

Transportation and warehousing of finished goods3

. . . . . . . . . . . . . . . . . . . . FD 42221 2.370 -2.2 -0.2 -1.2 0.0 0.6 0.3

Transportation and warehousing of personal consumption goods. . . . . FD 422211 1.910 -2.0 -0.2 -1.1 0.0 0.7 0.3

Transportation and warehousing of private capital equipment. . . . . . . . FD 422212 0.460 -2.8 -0.2 -1.3 -0.1 0.5 0.3

Transportation and warehousing of government purchased goods. . . . . . FD 42222 0.220 -1.1 -0.1 -0.9 0.1 0.8 0.3

Transportation and warehousing of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42223 1.073 -1.0 -0.2 -0.8 0.1 0.5 0.3

Final demand services less trade, transportation, and warehousing. . . . . . . . . FD 421 42.982 4.2 0.1 0.4 0.8 0.3 0.2

Finished services less trade, transportation, and warehousing3

. . . . . . . . . . . FD 4211 37.459 4.0 0.1 0.4 0.9 0.3 0.2

Finished consumer services less trade, transportation, and

warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42111 32.980 4.2 0.1 0.4 1.0 0.3 0.1

Private capital investment services less trade, transportation, and

warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42112 4.479 2.7 -0.1 0.6 -0.3 0.0 0.3

Government purchased services less trade, transportation, and

warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4212 2.807 4.0 0.2 0.5 0.9 0.1 0.1

Gov. purchased services less trade, transportation, and warehousing,

excl. capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42121 2.644 4.1 0.2 0.5 1.0 0.2 0.1

Government purchased capital investment services less trade,

transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42122 0.163 1.1 -0.8 0.7 -0.7 -0.1 0.5

Services for export less trade, transportation, and warehousing. . . . . . . . . . . FD 4213 2.716 6.2 -0.1 1.1 0.7 0.5 1.0

Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 43 2.656 -1.1 -0.2 0.0 0.3 0.0 0.1

Construction for private capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 431 1.846 -1.2 -0.2 0.1 0.2 0.0 0.1

Construction for government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 432 0.810 -1.0 -0.1 0.0 0.4 0.0 0.0

Special Groupings of Final Demand

Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49101 86.568 2.3 0.0 0.0 0.4 0.6 0.2

Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49102 92.102 2.1 0.1 0.0 0.4 0.5 0.2

See footnotes at end of table.

13
Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand

groupings, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Relative

Importance

Dec.

20231

Unadjusted

12-month

percent

change2

Seasonally adjusted 1-month percent change2

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Final demand less foods, food and nonalcoholic beverages for immediate

consumption, and energy5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49103 88.469 2.3 0.2 -0.1 0.6 0.3 0.2

Final demand less foods and energy5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49104 88.898 2.4 0.2 0.0 0.5 0.3 0.2

Final demand less foods and food and nonalcoholic beverages for immediate

consumption5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49105 93.984 2.1 0.0 -0.1 0.4 0.5 0.1

Final demand less foods5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49106 94.413 2.2 0.0 -0.1 0.4 0.5 0.1

Final demand less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49107 94.485 2.3 0.2 0.0 0.5 0.3 0.3

Final demand less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49108 80.663 2.4 0.0 0.2 0.4 0.7 0.1

Final demand less distributive services6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49109 77.000 2.6 0.0 0.2 0.4 0.7 0.1

Final demand goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49111 24.583 1.3 0.2 0.1 0.1 0.5 0.2

Final demand goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49112 24.511 0.8 -0.4 -0.1 -0.1 1.2 -0.3

Final demand services less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49113 47.907 3.6 0.1 0.4 0.7 0.4 0.3

Final demand distributive services6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49114 23.000 0.3 0.3 -1.1 0.2 0.2 0.3

Final demand goods plus final demand distributive services6

. . . . . . . . . . . . . . . . . . . . FD 49115 53.098 0.6 0.0 -0.6 0.0 0.7 0.1

Final demand less foods, energy, and trade services5

. . . . . . . . . . . . . . . . . . . . . . . . . . FD 49116 69.561 2.8 0.1 0.3 0.6 0.3 0.2

Private and government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . FD 49117 5.935 2.9 0.2 0.1 0.6 0.3 0.4

Private and government purchased capital investment services. . . . . . . . . . . . . . . . . FD 49118 8.420 0.8 1.1 -1.8 0.4 -0.1 0.6

Total private and government purchased capital investment. . . . . . . . . . . . . . . . . . . . . FD 49119 14.355 1.2 0.6 -0.9 0.5 0.0 0.5

Total finished3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49201 78.668 2.4 0.1 0.0 0.4 0.6 0.2

Total finished less foods, food and nonalcoholic beverages for immediate

consumption, and energy3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49202 69.684 2.4 0.1 0.0 0.5 0.3 0.2

Total finished less foods and energy3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49203 70.109 2.5 0.1 0.0 0.5 0.3 0.2

Total finished less foods and food and nonalcoholic beverages for immediate

consumption3, 5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49204 73.971 2.3 0.0 0.0 0.4 0.5 0.1

Total finished less foods3, 5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49205 74.396 2.3 0.0 0.0 0.4 0.5 0.1

Total finished less energy3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49206 74.381 2.5 0.1 0.0 0.5 0.4 0.3

Finished goods3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49207 19.490 1.9 -0.1 0.2 0.0 1.4 0.0

Finished goods less energy3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49208 15.203 2.4 0.4 0.1 0.4 0.8 0.4

Finished goods, excluding foods3, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49209 15.218 1.6 -0.3 0.2 -0.2 1.2 -0.3

Finished services3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49210 57.332 2.6 0.1 0.0 0.5 0.3 0.2

Private capital investment services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49211 7.977 0.7 1.0 -1.7 0.3 -0.1 0.6

Finished distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49212 19.022 0.0 0.1 -0.9 -0.1 0.2 0.3

Finished services less trade services3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49213 40.680 3.6 0.1 0.3 0.8 0.4 0.2

Finished services less distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49214 38.310 4.0 0.1 0.4 0.8 0.3 0.2

Total private capital investment (goods, services, and construction). . . . . . . . . . . . . FD 49215 14.945 1.2 0.6 -0.9 0.4 0.0 0.5

Finished goods plus finished distributive services3, 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49216 38.512 1.0 0.0 -0.4 -0.1 0.8 0.1

Total exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49301 13.432 0.8 0.2 -0.4 0.3 0.2 0.2

Goods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49302 7.407 -1.6 -0.1 -0.4 -0.3 0.2 -0.3

Services for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49303 6.025 3.8 0.6 -0.4 1.1 0.2 0.7

Total government purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49401 7.898 1.7 -0.2 -0.6 0.4 1.0 0.0

Government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49402 3.201 0.0 -1.0 -1.3 -0.2 2.2 -0.2

Government purchased services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49403 3.887 3.7 0.5 -0.2 0.9 0.2 0.2

Total government purchased capital investment (goods, services, construction).. . FD 49404 2.066 1.7 0.6 -0.8 1.0 0.1 0.4

Government purchases, defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49405 2.345 2.1 -0.2 -1.3 0.6 1.4 -0.1

Government purchases, non-defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49406 5.553 1.5 -0.2 -0.3 0.3 0.8 0.1

Personal consumption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49501 63.723 2.6 -0.1 0.2 0.4 0.7 0.1

Personal consumption goods (finished consumer goods). . . . . . . . . . . . . . . . . . . . . . . . FD 49502 14.368 1.7 -0.2 0.2 -0.2 1.7 -0.2

Personal consumption goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49503 10.081 2.3 0.5 0.1 0.3 1.0 0.4

Personal consumption goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49504 10.096 1.1 -0.5 0.3 -0.5 1.7 -0.6

Personal consumption nondurable goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49508 7.806 1.2 -0.8 0.4 -0.7 2.1 -0.8

Personal consumption services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49505 49.355 2.9 0.0 0.2 0.5 0.4 0.2

Personal consumption less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49506 50.109 3.2 0.0 0.3 0.6 0.8 0.1

Personal consumption less distributive services6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49507 48.199 3.4 0.0 0.4 0.6 0.8 0.1

Personal consumption less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 49510 55.164 2.8 0.0 0.2 0.5 0.4 0.2

Personal consumption less foods, energy, and trade services4

. . . . . . . . . . . . . . . . . . FD 49511 41.550 3.5 0.1 0.3 0.8 0.4 0.2

Personal consumption less foods, energy, and distributive services6

. . . . . . . . . . . . FD 49512 39.640 3.8 0.1 0.4 0.9 0.4 0.2

Personal consumption goods plus personal consumption distributive services6

. . . FD 49509 29.892 1.0 -0.3 0.1 -0.3 1.0 0.0

Intermediate Demand by Commodity Type

Processed goods

Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1 100.000 -1.7 -0.7 -0.4 -0.1 1.5 -0.5

Materials and components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 11 43.089 -1.3 -0.5 0.2 0.2 0.8 -0.5

Materials for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 111 26.451 -3.1 -0.8 0.3 0.1 1.2 -0.9

Materials for food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1111 4.344 -0.3 -0.6 0.6 -1.5 1.7 1.4

Materials for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1112 11.712 -5.1 -1.0 -0.5 -0.8 1.0 0.1

Materials for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1113 10.395 -1.9 -0.7 1.0 1.8 1.3 -2.8

Components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 112 16.638 1.6 0.1 0.2 0.4 0.2 0.2

See footnotes at end of table.

14
Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand

groupings, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Relative

Importance

Dec.

20231

Unadjusted

12-month

percent

change2

Seasonally adjusted 1-month percent change2

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Components for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1121 0.801 -0.5 0.1 0.3 -0.2 0.4 0.1

Components for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1122 15.837 1.7 0.1 0.2 0.4 0.2 0.2

Materials and components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 12 10.771 1.4 0.1 0.2 0.2 0.3 -0.1

Materials for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 121 4.730 2.2 0.1 0.1 0.3 0.5 0.1

Components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 122 6.041 0.7 0.2 0.3 0.1 0.1 -0.2

Processed fuels and lubricants for intermediate demand. . . . . . . . . . . . . . . . . . . . . . ID6 13 18.764 -4.5 -2.6 -2.9 -1.1 5.9 -1.5

Processed fuels and lubricants to manufacturing industries. . . . . . . . . . . . . . . . . ID6 131 4.777 -5.2 -1.8 -2.6 -1.4 3.7 -0.8

Processed fuels and lubricants to nonmanufacturing industries. . . . . . . . . . . . . ID6 132 13.987 -4.2 -2.8 -2.9 -1.0 6.7 -1.7

Containers for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 14 3.103 -2.4 -0.4 0.0 -0.1 0.0 -0.3

Supplies for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 15 24.273 -1.2 -0.1 0.0 -0.1 0.0 -0.1

Supplies to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 151 3.228 -0.3 0.0 0.1 0.4 0.0 0.1

Supplies to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 152 21.045 -1.3 -0.2 0.0 -0.2 0.0 -0.1

Supplies to nonmanufacturing industries, feeds. . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1521 2.214 -13.3 0.1 -1.6 -2.6 -3.4 -1.9

Supplies to nonmanufacturing industries, other than feeds. . . . . . . . . . . . . . . . ID6 1522 18.831 0.2 -0.2 0.2 0.1 0.4 0.1

Unprocessed goods

Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 2 100.000 -7.1 -2.1 -4.1 1.5 -0.7 -1.9

Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 21 38.165 -9.2 -0.4 -3.3 -1.5 1.6 2.2

Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 22 61.836 -5.7 -3.0 -4.6 3.3 -2.0 -4.3

Unprocessed nonfood materials except fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 221 50.586 -0.8 -5.0 -5.5 1.6 2.0 -0.4

Unprocessed nonfood materials except fuel to manufacturing industries. . . ID6 2211 47.969 -1.2 -5.3 -5.8 1.5 2.0 -0.4

Unprocessed nonfood materials except fuel to nonmanufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 2212 2.617 8.2 0.5 0.4 2.5 1.2 0.5

Unprocessed fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 222 11.250 -30.1 7.9 -0.4 11.4 -18.9 -25.2

Unprocessed fuel to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 2221 1.006 -5.8 3.8 -1.4 2.7 -3.9 -6.5

Unprocessed fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . ID6 2222 10.244 -32.6 8.3 -0.3 12.3 -20.2 -27.3

Services

Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 3 100.000 3.6 0.5 0.4 0.7 0.0 0.2

Trade services for intermediate demand4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 33 18.328 3.1 1.5 -0.2 1.1 -1.5 0.0

Trade services for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 331 9.049 1.9 2.1 -0.4 2.2 -2.3 0.1

Trade services for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 332 9.279 4.3 0.8 -0.1 0.0 -0.8 0.0

Transportation and warehousing services for intermediate demand. . . . . . . . . . . . ID6 32 13.925 1.8 -0.2 0.8 0.1 1.2 0.0

Transportation of passengers for intermediate demand. . . . . . . . . . . . . . . . . . . . . ID6 321 1.033 2.0 -0.4 2.6 -0.7 2.6 2.2

Transportation of passengers for manufacturing industries. . . . . . . . . . . . . . . . ID6 3211 0.123 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation of passengers for nonmanufacturing industries. . . . . . . . . . . . ID6 3212 0.910 2.0 -0.4 2.6 -0.7 2.6 2.2

Transportation and warehousing of goods for intermediate demand. . . . . . . . . ID6 322 12.892 1.8 -0.2 0.6 0.1 1.1 -0.2

Transportation and warehousing of goods for manufacturing industries. . . . ID6 3221 2.732 -0.8 0.0 -0.6 0.2 0.1 0.3

Transportation and warehousing of goods for nonmanufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 3222 10.160 2.5 -0.2 1.0 0.1 1.4 -0.3

Services less trade, transportation, and warehousing for intermediate

demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 31 67.747 4.1 0.4 0.5 0.8 0.1 0.3

Services less trade, transportation, and warehousing for manufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 311 2.130 4.6 0.1 0.5 1.8 -0.1 0.4

Services less trade, transportation, and warehousing for nonmanufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 312 65.617 4.1 0.4 0.5 0.8 0.1 0.3

Construction

Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 4 100.000 2.7 0.0 0.0 0.3 0.0 0.6

Special Groupings of Intermediate Demand by Commodity Type

Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9111 91.153 -1.5 -0.8 -0.5 0.0 1.6 -0.6

Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9112 8.847 -3.1 -0.5 0.1 -1.6 0.3 0.6

Processed energy goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9113 18.764 -4.5 -2.6 -2.9 -1.1 5.9 -1.5

Processed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9118 81.236 -1.0 -0.3 0.2 0.1 0.5 -0.3

Processed materials less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9115 72.389 -0.7 -0.3 0.2 0.3 0.5 -0.4

Intermediate distributive services7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9116 31.220 2.6 0.8 0.1 0.7 -0.4 0.0

Processed goods plus intermediate distributive services. . . . . . . . . . . . . . . . . . . . . . . . ID6 9117 – -0.4 -0.3 -0.3 0.1 0.9 -0.4

Unprocessed materials less agricultural products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9211 56.663 -3.2 -3.1 -4.9 4.1 -1.7 -4.8

Unprocessed energy materials8

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9212 36.891 -4.1 -5.3 -7.7 6.4 -2.0 -6.9

Unprocessed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9213 63.109 -8.6 0.0 -1.9 -1.4 0.2 1.4

Unprocessed nonfood materials less energy9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9216 24.944 -7.7 0.7 0.3 -1.3 -1.9 0.2

Intermediate Demand by Production Flow

Stage 4 Intermediate Demand

Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4 100.000 2.1 0.2 0.2 0.6 0.2 0.2

Inputs to stage 4 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 41 29.665 -0.4 0.3 -0.1 0.5 -0.2 -0.2

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 411 21.643 -1.5 -0.2 -0.1 0.1 0.1 -0.2

See footnotes at end of table.

15
Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand

groupings, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Relative

Importance

Dec.

20231

Unadjusted

12-month

percent

change2

Seasonally adjusted 1-month percent change2

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4111 2.941 -9.1 0.4 -0.2 -1.9 -2.0 0.3

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4112 0.170 -22.2 -6.7 -5.4 -1.6 0.0 -1.4

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4113 18.532 0.0 -0.2 0.0 0.4 0.4 -0.3

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 412 8.022 2.7 1.6 -0.2 1.5 -0.9 -0.1

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4123 6.017 2.6 2.0 -0.3 1.8 -1.2 -0.3

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4122 0.492 -0.2 0.2 -0.1 0.2 0.1 0.6

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 41221 0.076 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 41222 0.416 -0.6 0.3 -0.6 0.4 -0.4 0.3

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 4121 1.513 3.9 0.3 0.3 0.6 0.0 0.2

Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 42 55.644 3.8 0.1 0.4 0.7 0.4 0.4

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 421 13.716 0.3 -0.5 0.0 -0.6 1.3 -0.1

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4211 2.241 1.3 -1.1 0.4 -1.3 1.0 2.0

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4212 4.062 -1.0 -1.1 -0.2 -1.7 3.7 -1.5

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4213 7.413 0.6 0.1 0.0 0.3 0.2 0.2

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 422 41.875 5.0 0.3 0.5 1.1 0.0 0.6

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4223 4.149 3.8 1.1 -0.9 1.5 -0.6 0.0

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4222 3.724 2.9 -0.2 0.7 0.1 1.9 0.4

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 42221 0.480 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 42222 3.244 3.0 -0.2 0.5 0.2 1.8 0.1

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 4221 34.002 5.4 0.3 0.7 1.2 -0.1 0.7

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 423 0.053 2.7 0.0 0.0 0.3 0.0 0.6

Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 43 14.690 1.1 0.1 0.2 0.3 0.1 -0.1

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 431 10.712 1.3 -0.2 0.3 0.1 0.7 -0.2

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4312 0.762 -4.2 -3.5 -0.8 -2.3 5.8 -1.8

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4313 9.950 1.9 0.2 0.4 0.3 0.2 0.0

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 432 3.978 0.5 0.7 0.1 0.6 -1.5 0.1

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4323 1.728 0.0 1.6 0.5 1.2 -3.4 0.1

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4322 0.661 -2.7 -0.1 -1.2 0.0 0.3 0.3

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 43221 0.015 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 43222 0.646 -2.8 0.0 -1.3 0.0 0.3 0.3

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 4321 1.589 2.4 0.1 0.1 0.1 -0.2 0.1

Stage 3 Intermediate Demand

Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3 100.000 -0.4 -0.2 -0.4 0.3 1.0 0.0

Inputs to stage 3 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 31 43.800 -3.1 -0.2 -0.6 0.5 0.7 0.3

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 311 33.969 -3.9 -0.7 -0.7 0.2 1.6 0.2

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3111 10.337 -7.7 -1.6 -2.8 -1.3 3.6 2.3

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3112 1.164 -11.1 -3.3 -3.4 0.4 -1.4 1.7

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3113 22.468 -1.5 -0.2 0.4 0.8 0.9 -0.8

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 312 9.831 -0.4 1.5 -0.1 1.7 -2.4 0.5

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3123 5.506 -1.0 2.8 0.0 2.8 -4.4 0.6

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3122 2.865 -1.3 -0.1 -0.7 0.2 0.4 0.5

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 31221 0.149 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 31222 2.716 -1.5 -0.1 -0.9 0.2 0.3 0.4

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 3121 1.460 3.5 0.0 0.3 0.4 -0.2 0.3

Inputs to stage 3 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 32 55.023 1.8 -0.2 -0.2 0.1 1.3 -0.3

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 321 9.949 -3.9 -2.5 -4.4 -0.4 6.0 -1.1

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3211 0.088 -4.3 0.6 -0.7 -0.7 -0.5 -0.1

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3212 5.884 -6.4 -4.0 -7.2 -0.8 9.9 -2.0

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3213 3.977 0.4 0.0 0.0 0.3 0.3 0.3

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 322 44.469 3.1 0.4 0.8 0.3 0.3 -0.1

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3223 2.814 4.8 0.3 0.4 -1.3 -0.5 0.1

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3222 10.389 3.6 -0.2 1.6 0.0 1.6 -0.6

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 32221 0.021 0.1 0.1 0.2 -0.1 0.2 0.1

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 32222 10.368 3.6 -0.2 1.6 0.0 1.6 -0.6

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 3221 31.266 2.8 0.6 0.5 0.5 -0.1 0.1

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 323 0.605 2.7 0.0 0.0 0.3 0.0 0.6

Inputs to stage 3 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 33 1.176 2.2 0.4 0.1 0.0 -0.5 -0.2

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 331 0.568 0.5 0.0 0.2 0.3 0.4 0.3

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3313 0.568 0.5 0.0 0.2 0.3 0.4 0.3

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 332 0.608 3.9 0.8 0.0 -0.2 -1.3 -0.6

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3323 0.561 4.0 0.9 -0.1 -0.3 -1.4 -0.7

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3322 0.016 2.6 0.3 0.2 0.9 -0.7 0.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 33222 0.016 2.6 0.3 0.2 0.9 -0.7 0.2

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 3321 0.031 2.9 -0.3 0.4 0.8 -0.4 0.5

Stage 2 Intermediate Demand

See footnotes at end of table.

16
Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand

groupings, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Relative

Importance

Dec.

20231

Unadjusted

12-month

percent

change2

Seasonally adjusted 1-month percent change2

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2 100.000 -0.4 -1.0 -1.2 1.0 -0.1 -1.3

Inputs to stage 2 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 21 50.555 -3.4 -1.8 -2.8 1.7 -0.9 -2.4

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 211 35.815 -6.0 -2.7 -3.8 2.0 -1.2 -3.5

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2111 4.080 -16.7 0.6 -2.2 -4.7 -5.7 -1.5

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2112 15.983 -4.0 -5.4 -7.4 6.2 -1.6 -6.6

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2113 15.752 -5.2 -0.5 -0.3 -0.6 0.4 -0.8

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 212 14.451 3.6 0.7 -0.1 0.9 -0.1 0.3

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2123 5.731 5.2 1.6 -1.0 1.3 -0.5 0.3

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2122 4.784 1.7 0.1 0.5 0.5 -0.2 0.2

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 21221 0.180 1.9 -0.4 2.5 -0.7 2.6 2.1

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 21222 4.604 1.7 0.1 0.4 0.6 -0.3 0.2

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 2121 3.936 3.6 0.0 0.4 0.7 0.5 0.3

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 213 0.289 2.7 0.0 0.0 0.3 0.0 0.6

Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 22 49.447 2.6 0.0 0.5 0.4 0.8 -0.1

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 221 5.262 -1.6 -0.5 -0.3 -0.3 0.9 -0.3

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2211 0.051 -10.2 1.7 -0.5 -0.8 -1.6 -0.6

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2212 0.322 -7.5 -2.6 -3.0 0.2 8.2 -2.7

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2213 4.889 -1.1 -0.4 -0.1 -0.3 0.4 -0.2

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 222 43.220 3.1 0.0 0.6 0.5 0.8 -0.1

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2223 2.383 6.6 -1.2 1.4 -2.8 0.1 0.4

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2222 2.817 1.2 -0.2 4.5 -0.4 2.3 -1.5

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 22221 0.417 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 22222 2.400 1.0 -0.1 4.8 -0.3 2.3 -2.2

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 2221 38.020 3.1 0.1 0.3 0.7 0.7 0.0

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 223 0.965 2.7 0.0 0.0 0.3 0.0 0.6

Stage 1 Intermediate Demand

Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1 100.000 0.2 -0.2 -0.2 0.4 0.4 -0.1

Inputs to stage 1 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 11 32.376 -4.1 -0.5 -0.4 0.5 -0.2 -0.9

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 111 23.318 -6.2 -1.3 -0.5 -0.3 0.7 -1.4

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1111 2.758 -18.9 -1.0 -1.0 -3.8 -3.8 1.0

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1112 3.446 -10.6 -3.4 -3.4 -0.2 4.1 -2.0

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1113 17.114 -2.9 -0.9 0.2 0.2 0.7 -1.7

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 112 9.057 1.6 1.5 -0.1 2.5 -2.5 0.6

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1123 5.505 0.0 2.3 -0.7 3.8 -4.3 0.6

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1122 0.603 4.8 0.0 1.0 0.2 1.0 0.9

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 11221 0.103 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 11222 0.500 5.4 0.0 0.7 0.3 0.6 0.6

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 1121 2.949 3.8 0.4 0.8 0.5 0.2 0.6

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 113 0.001 2.7 0.0 0.0 0.3 0.0 0.6

Inputs to stage 1 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 12 54.733 2.7 0.0 0.0 0.4 0.7 0.3

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 121 16.086 -0.7 -0.9 -1.1 -0.3 2.4 -0.3

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1211 0.064 -30.4 0.5 0.0 0.0 13.1 -4.2

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1212 5.040 -4.0 -2.6 -3.8 -1.4 7.3 -0.8

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1213 10.982 1.3 0.0 0.2 0.2 0.2 0.1

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 122 38.644 4.1 0.4 0.5 0.7 0.0 0.5

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1223 3.829 3.7 0.7 0.7 -0.6 -0.9 -0.1

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1222 4.412 2.6 -0.3 0.8 -0.1 1.8 0.7

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 12221 1.343 2.0 -0.4 2.6 -0.7 2.7 2.2

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 12222 3.069 2.8 -0.2 0.0 0.1 1.5 0.1

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 1221 30.403 4.4 0.4 0.4 1.0 -0.2 0.5

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 123 0.003 2.7 0.0 0.0 0.3 0.0 0.6

Inputs to stage 1 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 13 12.891 1.3 0.1 -0.4 0.1 0.6 0.0

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 131 9.205 1.1 -0.2 -0.5 0.2 1.2 0.2

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1312 0.754 -9.1 -4.2 -8.6 -0.9 11.8 0.3

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1313 8.451 2.2 0.2 0.3 0.3 0.3 0.2

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 132 3.686 1.9 0.8 -0.2 -0.2 -1.0 -0.4

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1323 2.807 3.4 1.1 0.1 -0.2 -1.5 -0.7

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1322 0.783 -3.1 -0.2 -1.4 -0.2 0.7 0.4

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 13222 0.783 -3.1 -0.2 -1.4 -0.2 0.7 0.4

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 1321 0.096 2.7 0.1 0.5 0.7 -0.6 0.2

Special Groupings of Intermediate Demand by Production Flow

Total goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9411 46.071 -0.3 -0.3 0.0 -0.1 0.6 -0.2

Total services inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9412 53.875 4.3 0.5 0.4 1.1 -0.2 0.4

Total construction inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . ID5 9413 0.053 2.7 0.0 0.0 0.3 0.0 0.6

Total foods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9414 5.182 -4.8 -0.2 0.1 -1.6 -0.7 1.1

See footnotes at end of table.

17
Table 1. Producer price index percentage changes and weights for Final Demand-Intermediate Demand

groupings, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Relative

Importance

Dec.

20231

Unadjusted

12-month

percent

change2

Seasonally adjusted 1-month percent change2

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Total energy goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . ID5 9415 4.994 -2.4 -1.7 -0.4 -1.8 3.9 -1.6

Total goods less foods and energy inputs to stage 4 intermediate demand. . . . . . ID5 9416 35.895 0.6 0.0 0.1 0.4 0.3 -0.1

Total goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9311 44.486 -3.8 -1.1 -1.6 0.0 2.6 -0.1

Total services inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9312 54.908 2.5 0.6 0.6 0.5 -0.2 0.0

Total construction inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . ID5 9313 0.605 2.7 0.0 0.0 0.3 0.0 0.6

Total foods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9314 10.425 -7.7 -1.5 -2.8 -1.3 3.6 2.3

Total energy goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . ID5 9315 7.048 -7.2 -3.9 -6.6 -0.6 8.0 -1.4

Total goods less foods and energy inputs to stage 3 intermediate demand. . . . . . ID5 9316 27.013 -1.2 -0.1 0.3 0.7 0.8 -0.6

Total goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9211 41.077 -5.4 -2.5 -3.4 1.7 -0.9 -3.1

Total services inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9212 57.671 3.2 0.2 0.4 0.6 0.6 0.0

Total construction inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . ID5 9213 1.254 2.7 0.0 0.0 0.3 0.0 0.6

Total foods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9214 4.131 -16.6 0.6 -2.2 -4.7 -5.6 -1.4

Total energy goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . ID5 9215 16.305 -4.0 -5.3 -7.3 6.1 -1.4 -6.5

Total goods less foods and energy inputs to stage 2 intermediate demand. . . . . . ID5 9216 20.641 -4.3 -0.5 -0.3 -0.5 0.4 -0.6

Total goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9111 48.609 -3.0 -0.9 -0.7 -0.2 1.4 -0.7

Total services inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9112 51.387 3.5 0.6 0.3 0.9 -0.5 0.5

Total construction inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . ID5 9117 0.004 2.7 0.0 0.0 0.3 0.0 0.6

Total foods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9114 2.822 -19.2 -1.0 -1.0 -3.8 -3.4 0.9

Total energy goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . ID5 9115 9.240 -6.9 -3.0 -4.1 -0.9 6.4 -1.2

Total goods less foods and energy inputs to stage 1 intermediate demand. . . . . . ID5 9116 36.547 -0.5 -0.4 0.2 0.3 0.5 -0.7

1 Comprehensive relative importance figures are initially computed after the publication of December indexes and are recalculated after final December indexes are available. Individual

items and subtotals may not add exactly to totals because of rounding differences.

2 All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally

adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January.

3 PPI defines Total finished as including only the personal consumption and private capital investment portions of final demand.

4 Trade indexes measure changes in margins received by wholesalers and retailers.

5 The PPI definition of foods does not include food and beverages for immediate consumption. PPI defines food and beverages for immediate consumption as the service of preparing

meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption.

6 Distributive services include transportation, warehousing, and trade of goods.

7

Includes intermediate trade, transportation, and warehousing services.

8

Includes crude petroleum.

9 Excludes crude petroleum.

p Preliminary

′′-′′ Data not available.

18
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Final Demand

Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4 2.1 0.1 -0.1 0.4 0.6 0.2

Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41 0.8 -0.2 -0.1 -0.1 1.2 -0.1

Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 411 1.0 0.7 0.0 -0.3 1.1 0.8

Fresh fruits and melons2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 11 -11.7 18.2 -0.6 3.7 -12.7 -7.9

Fresh and dry vegetables2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 13 26.4 11.2 -5.6 9.6 8.9 15.3

Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 2 -31.9 -3.0 -1.4 -5.2 -8.3 2.5

Eggs for fresh use2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 7107 -29.7 71.2 -20.5 14.6 55.0 -29.8

Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 8301 -20.6 2.2 -3.8 -9.2 -8.9 -0.3

Bakery products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 11 3.2 0.0 0.0 0.1 0.6 0.1

Milled rice2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 13 -9.6 -1.4 -0.1 -0.8 0.1 -0.9

Pasta products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 1402 -11.4 0.0 0.0 -1.8 -0.6 0.0

Beef and veal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 2101 12.4 0.4 0.5 -4.4 4.9 1.2

Pork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 2104 7.8 0.3 20.5 -5.8 -0.2 -0.5

Processed young chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 2203 21.8 -3.2 3.8 0.9 0.4 14.1

Processed turkeys2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 2206 -32.3 -1.8 -2.7 4.3 -4.5 0.1

Finfish and shellfish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 23 -3.9 0.3 -0.3 5.5 -4.9 1.9

Dairy products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 3 -0.9 -0.6 -1.4 -1.3 1.0 0.9

Processed fruits and vegetables2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 4 6.2 0.2 0.1 0.6 0.2 -0.9

Confectionery end products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 55 3.7 0.2 0.2 0.3 1.1 0.7

Soft drinks2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 62 5.0 -0.6 -1.1 3.4 2.1 0.2

Roasted coffee2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 6301 6.9 0.0 0.3 -0.2 -0.2 0.3

Shortening and cooking oils2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 78 -4.6 1.1 -1.8 -1.0 0.4 0.6

Frozen specialty food2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 85 1.7 0.2 -0.2 0.7 0.2 -0.1

Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 412 -1.0 -2.0 -0.8 -1.2 4.1 -1.6

Liquefied petroleum gas2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 32 0.6 -5.7 -0.8 3.5 3.6 -0.5

Residential electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 41 3.9 0.5 0.5 -0.5 0.2 0.5

Residential natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 51 -4.2 1.0 -0.1 1.4 0.9 -1.4

Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 71 -1.5 -4.0 2.1 -3.4 6.7 -3.6

Home heating oil and distillates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7302 -5.2 -5.0 -3.4 -0.6 1.1 -6.6

No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7303 -6.2 -3.7 -9.3 -0.7 14.9 0.9

Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 413 1.4 0.1 0.1 0.3 0.3 0.1

Alcoholic beverages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 61 0.9 0.1 0.1 0.2 -0.2 -0.3

Pet food2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 9402 0.2 0.0 0.0 -0.2 0.5 0.0

Women’s, girls’, and infants’ apparel2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 8106 1.7 0.0 0.0 2.2 0.0 0.1

Men’s and boys’ apparel2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 8107 2.7 0.0 0.0 1.0 0.3 0.0

Textile housefurnishings2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 82 0.5 0.0 0.0 0.0 1.0 -0.2

Footwear2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04 3 1.7 0.1 0.0 0.2 0.7 0.0

Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 1 -9.3 -2.9 -1.7 -3.1 2.5 0.0

Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 38 1.6 0.1 0.2 -0.4 0.2 0.0

Soaps and detergents2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 71 1.6 -0.2 1.5 0.3 0.0 0.0

Cleaning and polishing products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 72 0.8 -0.1 0.0 0.1 0.5 0.0

Cosmetics and other toiletries2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 75 2.2 0.0 0.0 0.0 0.8 0.1

Tires2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 1201 -1.0 -0.1 0.0 0.0 0.0 -0.1

Consumer, institutional, and commercial products, n.e.c.2

. . . . . . . . . . . . . . . . 07 2B 0.1 -0.1 -0.1 0.0 0.1 0.2

Sanitary paper products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 1501 -2.9 -0.4 -1.3 -0.2 0.2 -0.6

Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 12 -18.1 4.9 -1.0 -3.8 -4.0 -15.7

Agricultural machinery and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 1 2.1 -0.5 0.2 0.0 0.1 0.5

Construction machinery and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 2 3.9 0.9 0.1 0.5 0.1 0.0

Metal cutting machine tools2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 37 2.2 0.0 0.0 0.2 0.2 0.9

Metal forming machine tools. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 38 11.0 -0.4 0.6 0.4 0.9 0.6

Tools, dies, jigs, fixtures, and industrial molds2

. . . . . . . . . . . . . . . . . . . . . . . . . . 11 39 5.4 0.4 0.2 3.0 0.0 0.0

Pumps, compressors, and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 41 6.3 0.1 0.5 1.2 0.4 0.8

Industrial material handling equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 44 2.8 0.1 0.0 1.3 0.1 0.2

Electronic computers and computer equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . 11 5 -0.3 0.3 0.7 1.4 0.1 -0.3

Textile machinery and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 62 0.0 0.0 0.0 0.0 0.0 0.0

Paper industries machinery2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 64 4.1 0.0 0.3 0.7 0.1 1.0

Printing trades machinery and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 65 2.4 -0.2 0.6 -0.1 -0.6 0.5

Transformers and power regulators2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 74 4.1 0.0 1.6 0.7 0.0 0.4

Communication and related equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 76 5.0 0.2 0.2 2.1 0.4 1.0

Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 78 0.5 0.2 0.0 0.6 -0.2 -0.1

X-ray and electromedical equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 7905 1.7 0.0 0.0 0.1 0.4 0.0

Oil field and gas field machinery2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 91 2.8 0.0 0.0 1.7 0.0 0.0

Mining machinery and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 92 9.8 2.4 0.0 0.2 0.2 0.0

Internal combustion engines2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 94 4.3 0.1 0.0 2.0 0.0 0.0

See footnotes at end of table.

19
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Household furniture2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 1 -1.5 -0.1 0.0 0.1 -0.1 0.6

Commercial furniture2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 2 2.6 0.6 -0.7 0.4 1.3 0.1

Floor coverings2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 3 -0.5 -1.1 -0.3 1.5 -1.9 0.0

Household appliances2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 4 0.9 0.4 -0.1 0.1 -1.0 0.4

Home electronic equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 5 2.1 0.2 0.0 0.0 0.0 1.9

Lawn and garden equipment excl. garden tractors2

. . . . . . . . . . . . . . . . . . . . . . 12 66 1.9 0.6 0.6 0.1 0.0 0.0

Passenger cars. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 1101 -2.8 -0.2 -2.4 0.0 0.2 0.3

Light motor trucks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 1105 1.5 0.3 0.0 0.2 0.3 0.5

Heavy motor trucks2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 1106 1.2 0.0 0.1 0.0 0.0 0.0

Motor vehicles parts2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 12 1.0 0.1 -0.2 0.1 0.1 0.1

Truck trailers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14 -0.8 0.0 0.0 -0.3 0.6 -0.1

Travel trailers and campers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 16 0.6 0.0 0.0 0.0 0.0 0.0

Aircraft. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 21 4.7 0.1 0.2 0.5 0.2 0.1

Ships2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 31 2.5 0.0 0.1 0.0 0.3 0.0

Railroad equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 4 0.9 0.3 0.0 0.1 0.1 0.1

Toys, games, and children’s vehicles2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 11 0.3 0.0 0.0 0.1 0.0 0.0

Sporting and athletic goods2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 12 11.6 2.2 2.1 1.2 0.3 2.0

Cigarettes2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 21 11.3 1.6 0.0 0.8 2.6 0.0

Mobile homes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 5 -1.2 0.4 -0.1 0.3 0.0 -0.4

Medical, surgical & personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 6 2.5 0.3 0.1 0.6 0.5 0.1

Jewelry, platinum and karat gold2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 9402 4.5 2.4 2.6 0.5 -0.5 1.8

Costume jewelry and novelties2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 9404 2.6 0.0 0.0 0.6 0.0 0.0

Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42 2.8 0.2 -0.1 0.6 0.3 0.3

Final demand trade services3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 423 0.7 0.4 -1.1 0.2 0.1 0.3

Machinery and equipment parts and supplies wholesaling2

. . . . . . . . . . . . . . . 57 1102 4.3 1.5 -0.1 1.2 1.0 -1.2

Machinery and vehicle wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 1103 2.5 5.8 -8.5 5.1 0.5 -0.2

Professional and commercial equipment wholesaling2

. . . . . . . . . . . . . . . . . . . . 57 1104 4.8 -1.4 1.1 0.0 -1.7 8.3

Furnishings wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 2 -7.1 1.0 0.1 0.3 0.2 0.0

Chemicals and allied products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 5 3.2 1.0 -5.8 10.4 -3.9 0.8

Paper and plastics products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 6 -2.4 1.4 1.1 -1.1 -2.6 -0.4

Apparel wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 7 3.6 0.6 -8.4 1.7 -3.5 1.9

Food and alcohol wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 8 6.6 2.3 -1.2 0.7 1.1 0.9

Food and alcohol retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 1 1.4 -0.4 0.9 0.1 0.9 0.5

Health, beauty, and optical goods retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 2 7.4 -1.0 2.9 3.4 1.2 0.3

Apparel, jewelry, footwear, and accessories retailing. . . . . . . . . . . . . . . . . . . . . 58 3 2.8 -0.1 5.0 -2.0 1.3 0.2

Computer hardware, software, and supplies retailing2

. . . . . . . . . . . . . . . . . . . . 58 4 -27.4 6.4 5.9 -24.0 -8.5 12.5

TV, video, and photographic equipment and supplies retailing. . . . . . . . . . . . 58 5 -0.9 3.9 -6.8 3.3 -3.3 -6.7

Automobiles retailing (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 6101 -38.0 -4.3 -5.3 -10.4 -1.8 -5.4

Automotive parts, including tires, retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 6102 0.5 3.8 1.3 0.2 -2.2 0.0

RVs, trailers, and campers retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 8 -6.8 3.7 -6.1 -8.9 14.8 0.5

Sporting goods, including boats, retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 9 1.5 -3.0 4.2 4.8 -2.4 0.0

Lawn, garden, and farm equipment and supplies retailing2

. . . . . . . . . . . . . . . 58 A 2.3 -0.4 0.3 -0.7 -1.6 0.6

Furniture retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 B -3.4 -5.6 0.5 -0.3 1.5 0.1

Flooring and floor coverings retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 C 1.6 0.3 -2.7 2.3 1.6 0.1

Hardware, building materials, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . 58 D 9.6 0.3 -0.7 -1.3 -1.6 -1.4

Major household appliances retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 E -3.9 2.9 -4.1 -4.9 6.6 -6.5

Fuels and lubricants retailing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 F 8.2 -5.1 4.5 -7.7 -0.6 2.5

Cleaning supplies and paper products retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . 58 G 8.0 -1.7 -0.1 2.2 -0.8 -0.5

Book retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 H 1.9 -3.2 0.1 3.7 -3.4 2.6

Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . FD 422 -0.8 -0.2 -0.1 -0.2 1.1 0.8

Rail transportation of freight and mail2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 11 0.8 0.4 -0.1 1.1 -1.4 0.0

Truck transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 12 -3.6 -0.2 -1.5 -0.2 0.7 0.4

Air transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 14 0.4 2.1 -1.1 -0.7 -1.0 -0.1

Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . 30 16 5.2 -0.3 0.3 0.3 1.3 0.0

Rail transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 21 0.0 0.1 0.1 -0.1 0.0 0.0

Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 22 2.0 -0.4 2.6 -0.7 2.7 2.2

Final demand services less trade, transportation, and warehousing. . . . . . . . . FD 421 4.2 0.1 0.4 0.8 0.3 0.2

Sales of books. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 11 8.1 0.9 0.7 0.8 1.9 -0.4

Sales and subscriptions of periodicals and newspapers. . . . . . . . . . . . . . . . . . 33 12 2.7 -0.1 1.5 -0.3 0.8 -0.4

Application software publishing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 2 4.0 -1.6 2.0 1.2 -0.4 -0.4

Advertising space sales in periodicals, newspapers, directories, and

mailing lists2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 1 -1.4 -0.2 0.0 0.3 0.1 0.0

Residential wired telecommunication services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . 37 11 4.2 0.1 0.1 0.2 -0.1 0.0

Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 2 1.2 0.2 0.1 0.1 0.3 0.1

Cable and satellite subscriber services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 3 4.0 -1.0 -0.1 0.8 1.1 -1.6

Internet access services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 4 -0.6 1.2 -0.3 0.8 0.2 0.3

See footnotes at end of table.

20
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . 37 5 -0.5 -0.2 1.9 1.6 0.1 -0.2

Consumer loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 12 12.5 0.3 4.2 0.6 3.0 0.8

Deposit services (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 2 19.7 2.3 3.2 0.9 1.1 2.7

Other credit intermediation, incl. trust services (partial)2

. . . . . . . . . . . . . . . . . . 39 3 1.4 -3.7 -0.2 0.0 1.3 0.0

Securities brokerage, dealing, investment advice, and related services2

. . . 40 1 10.8 0.1 2.7 0.8 0.6 3.1

Portfolio management2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 2 13.5 -1.7 1.6 6.1 0.2 0.5

Life insurance2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 1101 -1.2 0.0 0.0 0.1 0.0 0.0

Disability insurance, including accidental death2

. . . . . . . . . . . . . . . . . . . . . . . . . 41 1102 -0.5 0.0 0.0 -0.5 0.0 0.0

Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 1103 2.3 0.2 0.1 0.1 0.2 0.2

Property and casualty insurance2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 1104 6.8 0.4 0.7 0.4 0.4 0.2

Annuities2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 2 0.7 0.0 -0.1 0.3 0.0 0.0

Residential property sales and leases, brokerage fees and commissions.. . 43 21 5.2 0.1 0.5 0.0 -0.1 0.0

Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 1 -3.8 -2.1 1.3 -4.2 -2.0 4.2

Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 1 6.2 0.3 0.4 2.0 0.4 0.1

Tax preparation and planning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 2102 3.9 -0.5 -1.0 0.0 3.5 0.6

Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 3 2.7 0.0 0.1 0.0 -0.1 0.0

Management, scientific, and technical consulting services2

. . . . . . . . . . . . . . . 45 4 5.4 2.2 0.8 0.2 -0.2 0.1

Arrangement of flights (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 1 -2.5 0.2 -0.2 -1.0 -0.1 -0.2

Arrangement of vehicle rentals and lodging2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 2 -5.9 -0.1 -0.1 -1.4 0.1 -0.1

Arrangement of cruises and tours2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 3 8.8 -0.7 -1.5 -0.9 1.6 -1.2

Physician care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 1101 1.9 0.0 0.1 1.2 0.0 0.0

Medical laboratory and diagnostic imaging care2

. . . . . . . . . . . . . . . . . . . . . . . . . 51 1102 0.1 0.0 0.0 0.2 0.0 -0.3

Home health and hospice care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 1103 4.0 0.1 0.2 -0.2 0.1 0.0

Hospital outpatient care2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 1104 4.7 0.2 -0.5 1.4 0.5 0.0

Dental care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 1105 2.4 0.2 0.1 0.0 1.7 -0.2

Hospital inpatient care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 2101 4.8 0.1 0.6 0.7 0.3 0.1

Nursing home care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 2102 2.8 0.4 0.2 0.1 0.0 0.1

Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 11 -4.6 1.0 -4.5 3.7 -1.2 -3.8

Food and beverages for immediate consumption services (partial)2

. . . . . . . 54 1 4.7 0.3 0.0 0.1 0.6 1.1

Motor vehicle repair and maintenance (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . 55 2 3.8 0.5 0.2 0.3 0.5 0.0

Membership dues and admissions and recreation facility use fees

(partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 1 5.2 1.7 2.3 0.1 0.0 1.5

Recreational activity instruction fees (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 2 0.8 0.0 0.0 0.6 0.0 0.0

Gaming receipts (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 3 1.6 -0.2 1.8 -1.6 0.2 2.5

Mining services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 1 1.8 1.2 1.3 -0.2 0.4 0.6

Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 43 -1.1 -0.2 0.0 0.3 0.0 0.1

New warehouse building construction2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 1101 -1.0 -0.1 -0.1 0.0 -0.1 0.1

New school building construction2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 1102 -1.4 0.0 -0.1 0.5 0.0 -0.1

New office building construction2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 1103 -1.2 -0.2 0.2 0.2 0.0 0.4

New industrial building construction2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 1104 -0.7 -0.1 0.0 0.5 -0.1 0.0

New health care building construction2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 1105 -1.8 -0.6 0.1 0.2 0.0 -0.2

Intermediate Demand by Commodity Type

Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1 -1.7 -0.7 -0.4 -0.1 1.5 -0.5

Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9112 -3.1 -0.5 0.1 -1.6 0.3 0.6

Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 21 7.6 0.1 4.8 -3.9 2.3 0.8

Processed poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 22 6.2 -6.5 1.2 0.5 1.3 10.7

Dairy products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 3 -0.9 -0.6 -1.4 -1.3 1.0 0.9

Processed fruits and vegetables2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 4 6.2 0.2 0.1 0.6 0.2 -0.9

Refined sugar and byproducts2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 53 18.2 2.6 0.1 2.6 8.7 0.8

Fats and oils2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 7 -14.5 -0.5 -1.6 -3.0 -2.1 -0.5

Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 9 -10.6 -0.2 -0.7 -2.5 -2.4 -1.9

Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 9111 -1.5 -0.8 -0.5 0.0 1.6 -0.6

Synthetic fibers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 1 3.8 -0.6 -1.2 -1.6 0.4 5.5

Processed yarns and threads2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 2 -1.9 -1.1 0.2 0.4 -0.3 0.9

Finished fabrics2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 4 -0.6 -0.1 0.2 0.1 -0.1 0.6

Liquefied petroleum gas2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 32 0.6 -5.7 -0.8 3.5 3.6 -0.5

Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 42 1.2 -0.5 1.1 -2.3 2.5 -1.4

Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 43 2.4 -0.2 1.1 -2.0 2.2 -1.4

Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 52 -7.1 2.2 2.0 -0.2 2.0 0.2

Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 53 -6.4 1.1 -0.4 3.6 -0.4 1.8

Natural gas to electric utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 54 -9.8 -0.1 -0.3 4.8 7.3 -6.4

Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 71 -1.5 -4.0 2.1 -3.4 6.7 -3.6

Jet fuel2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7203 -8.9 -5.8 -12.1 0.4 11.5 -6.0

No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7303 -6.2 -3.7 -9.3 -0.7 14.9 0.9

Residual fuels2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 74 12.3 -5.2 -7.1 -0.2 1.8 0.9

See footnotes at end of table.

21
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Finished lubricants2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 76 -0.9 0.2 0.7 0.3 -0.1 -0.9

Lubricating oil base stocks2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 78 -8.1 2.1 -7.3 -3.6 9.5 -5.2

Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 8102 13.0 2.3 4.3 2.7 -13.7 9.1

Basic inorganic chemicals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 13 -12.7 -0.1 -0.2 -1.2 -0.3 -0.4

Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 14 -8.5 -3.5 -2.1 -3.6 3.1 0.1

Prepared paint2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 21 -1.2 0.0 0.0 0.1 -0.3 -0.2

Paint materials2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 22 -2.7 0.1 -0.5 -0.6 -0.1 0.0

Medicinal and botanical chemicals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 31 9.1 0.0 -0.2 0.4 7.9 0.2

Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 37 1.8 0.4 -0.3 -0.9 -0.3 0.4

Fats and oils, inedible2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 4 -1.4 -6.0 -1.9 17.2 -4.9 -0.9

Nitrogenates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 5201 -20.4 -0.7 4.5 -3.4 -6.3 3.3

Phosphates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 5202 -2.7 1.9 2.9 3.9 0.8 -1.6

Other agricultural chemicals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 53 -16.5 -0.6 0.5 -0.3 0.0 0.1

Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 6 -6.2 1.7 1.1 -0.6 1.0 -1.9

Industrial gases2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 7903 -1.8 -2.2 0.8 2.3 -4.7 -0.1

Adhesives and sealants2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 7904 0.4 0.0 -0.2 0.1 -0.3 0.6

Synthetic rubber2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 1102 -3.1 0.2 -1.5 -1.6 1.2 3.6

Tires2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 1201 -1.0 -0.1 0.0 0.0 0.0 -0.1

Plastic construction products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 21 -2.0 0.0 -0.4 0.3 -0.1 0.0

Unsupported plastic film, sheet, other shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 22 -4.5 0.2 0.6 -1.3 1.0 -0.4

Parts for manufacturing from plastics2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 26 -0.9 -0.2 0.0 0.0 0.0 1.1

Plastic packaging products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 2A -1.4 0.2 -0.3 0.9 -0.6 0.4

Softwood lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 11 -6.8 -4.2 -1.7 -1.7 -3.2 1.9

Hardwood lumber2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 12 1.6 1.3 4.2 -0.2 1.1 0.6

Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 2 -1.3 0.3 0.0 -0.1 1.4 -0.6

Plywood2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 3 -0.1 -1.2 0.1 0.3 -1.5 0.6

Paper2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 13 -0.9 -0.1 0.1 0.3 0.3 -0.5

Paperboard2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 14 -5.7 -0.1 -1.5 0.7 -0.2 0.1

Paper boxes and containers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 1503 -3.6 -0.3 -0.1 -0.5 0.0 -0.6

Building paper and board2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 2 13.3 -2.4 3.0 0.7 -0.5 2.5

Commercial printing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 47 1.7 0.1 0.0 0.8 0.2 0.1

Foundry and forge shop products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 15 1.8 -0.1 0.9 0.7 0.5 0.3

Steel mill products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 17 -3.6 -2.0 2.4 5.4 3.4 -7.8

Primary nonferrous metals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 22 6.6 0.6 -1.0 0.6 3.6 1.1

Secondary nonferrous metals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 24 -4.6 0.2 0.0 0.4 -1.1 3.4

Aluminum mill shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2501 -6.6 -0.1 -0.3 -0.7 0.2 -0.5

Copper and brass mill shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2502 -3.1 -0.3 1.0 0.8 -0.8 2.0

Nonferrous wire and cable2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 26 -2.8 0.1 0.4 0.2 0.2 0.5

Nonferrous foundry shop products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 28 3.2 -0.3 0.7 0.1 1.0 0.1

Metal containers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 3 -2.3 -0.5 0.0 0.4 0.2 -0.2

Hardware2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 4 0.4 0.1 -0.1 -0.3 0.6 -0.1

Plumbing fixtures and brass fittings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 5 1.1 0.2 -0.3 0.6 -0.3 0.0

Heating equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 6 3.6 0.0 0.2 0.6 0.1 1.8

Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 7 1.2 0.5 1.2 0.7 -0.5 -0.8

Bolts, nuts, screws, rivets, and washers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 81 7.4 0.3 0.0 1.8 0.0 0.5

Lighting fixtures2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 83 2.3 0.1 0.1 0.0 0.4 0.9

Fabricated ferrous wire products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 88 -5.2 0.7 -0.4 0.2 -0.2 -0.6

Other miscellaneous metal products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 89 1.6 0.1 0.0 0.3 0.4 0.3

Fluid power equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 43 9.2 -2.0 0.0 1.0 0.3 -0.1

Mechanical power transmission equipment2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 45 3.6 0.7 0.0 0.4 0.3 0.3

Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 48 1.4 0.6 0.0 -1.3 1.2 -1.0

Metal valves, except fluid power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 4902 2.6 0.3 0.4 -1.5 0.5 -0.1

Ball and roller bearings2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 4905 2.9 -0.7 0.6 0.3 2.6 0.2

Wiring devices2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 71 -4.9 -0.1 -0.5 -0.6 0.6 -0.1

Motors, generators, motor generator sets2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 73 4.4 -0.3 0.0 0.3 0.0 1.2

Switchgear, switchboard, and industrial controls equip.2

. . . . . . . . . . . . . . . . . . . . 11 75 7.2 0.9 0.2 1.3 0.5 0.8

Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 78 0.5 0.2 0.0 0.6 -0.2 -0.1

Internal combustion engines2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 94 4.3 0.1 0.0 2.0 0.0 0.0

Machine shop products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 95 1.9 0.0 -0.2 0.2 0.9 0.1

Flat glass2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 11 -0.7 0.2 0.6 0.0 0.3 -0.3

Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 22 5.0 0.8 0.7 0.3 -0.6 0.6

Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 3 6.2 0.5 -0.3 0.9 0.7 0.0

Asphalt felts and coatings2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 6 5.9 -0.4 0.3 -0.3 0.9 0.1

Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 94 0.9 1.3 0.9 -0.2 -0.4 0.7

Motor vehicle parts2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 12 1.0 0.1 -0.2 0.1 0.1 0.1

Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 23 3.4 0.9 0.4 0.5 0.5 0.1

See footnotes at end of table.

22
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Aircraft parts and auxiliary equipment, n.e.c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 25 1.5 0.1 0.0 0.2 0.3 0.1

Medical, surgical, and personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 6 2.5 0.3 0.1 0.6 0.5 0.1

Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 2 -7.1 -2.1 -4.1 1.5 -0.7 -1.9

Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 21 -9.2 -0.4 -3.3 -1.5 1.6 2.2

Wheat2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 21 -27.0 -1.2 2.4 -3.3 -5.2 -2.5

Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 2202 -33.7 -3.5 -2.0 -6.5 -9.2 4.1

Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 31 17.9 -4.4 -3.2 1.3 1.6 7.7

Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 32 -3.9 -4.4 -18.8 -2.9 35.6 4.6

Slaughter chickens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 4102 -1.6 -1.3 4.8 -3.3 2.0 -4.1

Slaughter turkeys. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 42 -32.3 4.7 1.3 14.1 -7.5 0.3

Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 6 2.0 -1.4 -5.1 1.1 5.1 4.1

Hay and hayseeds2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 81 -35.8 7.1 -17.5 -2.0 -3.4 2.2

Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 8301 -20.6 2.2 -3.8 -9.2 -8.9 -0.3

Raw cane sugar and byproducts2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 5201 5.3 -0.7 -0.3 -2.3 0.8 1.4

Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 22 -5.7 -3.0 -4.6 3.3 -2.0 -4.3

Raw cotton2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 51 10.9 -6.2 3.6 -0.4 12.7 1.3

Hides and skins. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04 1 -13.8 1.3 -3.0 0.0 -7.0 1.1

Coal2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 1 0.8 2.7 -1.6 0.3 0.7 -1.9

Natural gas2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 31 -43.8 10.3 0.2 16.2 -26.2 -37.0

Crude petroleum2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 61 6.1 -9.6 -10.6 4.4 5.5 -0.8

Logs, bolts, timber, pulpwood, and woodchips2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 5 -2.7 -1.1 -0.3 0.1 -0.4 0.1

Recyclable paper2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 12 77.5 4.0 2.7 8.0 3.0 5.0

Iron ores2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 -6.8 -0.7 -0.3 0.6 -0.9 0.0

Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 12 -18.1 4.9 -1.0 -3.8 -4.0 -15.7

Nonferrous metal ores2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 21 1.3 2.0 1.0 -1.0 -1.0 8.2

Copper base scrap2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2301 1.8 0.5 1.8 -0.4 1.9 5.0

Aluminum base scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2302 6.4 2.3 -0.9 -1.1 2.2 -1.1

Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 21 8.3 0.5 0.5 2.6 1.2 0.4

Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 3 3.6 0.5 0.4 0.7 0.0 0.2

Trade services for intermediate demand3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 33 3.1 1.5 -0.2 1.1 -1.5 0.0

Machinery and equipment parts and supplies wholesaling2

. . . . . . . . . . . . . . . . . 57 1102 4.3 1.5 -0.1 1.2 1.0 -1.2

Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . 57 3 -5.0 -1.7 -1.5 3.0 -1.3 -0.6

Metals, minerals, and ores wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 4 -9.0 10.5 4.4 5.5 -14.7 2.8

Chemicals and allied products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 5 3.2 1.0 -5.8 10.4 -3.9 0.8

Paper and plastics products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 6 -2.4 1.4 1.1 -1.1 -2.6 -0.4

Food wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 8101 6.6 2.6 -1.4 0.8 1.2 0.4

Automotive parts, including tires, retailing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 6102 0.5 3.8 1.3 0.2 -2.2 0.0

Hardware, building material, and supplies retailing. . . . . . . . . . . . . . . . . . . . . . . . . 58 D 9.6 0.3 -0.7 -1.3 -1.6 -1.4

Transportation and warehousing services for intermediate demand. . . . . . . . . . . . ID6 32 1.8 -0.2 0.8 0.1 1.2 0.0

Rail transportation of freight and mail2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 11 0.8 0.4 -0.1 1.1 -1.4 0.0

Truck transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 12 -3.6 -0.2 -1.5 -0.2 0.7 0.4

Water transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 13 11.0 -1.4 2.2 1.1 2.1 1.1

Air transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 14 0.4 2.1 -1.1 -0.7 -1.0 -0.1

U.S. Postal Service2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 1601 7.1 0.0 0.0 0.0 3.2 0.0

Courier and messenger services, except air mail. . . . . . . . . . . . . . . . . . . . . . . . . . . 30 1602 4.3 0.0 0.5 0.1 0.0 0.3

Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . . 30 1603 4.1 -1.0 0.3 0.9 1.1 -0.4

Pipeline transportation2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 17 0.7 -0.2 0.0 0.1 -0.7 0.0

Transportation of passengers (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 2 2.0 -0.4 2.6 -0.7 2.6 2.2

Services related to water transportation2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 1 5.0 0.3 0.4 1.0 0.5 0.6

Arrangement of freight and cargo2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 31 1.3 -0.3 12.3 -0.1 7.1 -5.1

Warehousing, storage, and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 1 1.8 -0.4 -0.1 0.5 2.3 0.9

Services less trade, transportation, and warehousing for intermediate

demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 31 4.1 0.4 0.5 0.8 0.1 0.3

Network compensation from broadcast TV, cable TV, radio2

. . . . . . . . . . . . . . . . 35 – 0.2 -0.1 0.0 0.2 0.0 0.0

Advertising space sales in periodicals and newspapers2

. . . . . . . . . . . . . . . . . . . . 36 11 -1.6 -0.2 0.0 0.3 0.1 0.0

Advertising space sales in directories and mail lists2

. . . . . . . . . . . . . . . . . . . . . . . 36 12 0.1 0.0 0.0 0.0 0.0 0.0

Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 2 -12.5 6.3 1.7 -1.0 1.5 -8.4

Radio advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 3 -4.8 5.0 1.3 -15.0 7.4 -0.3

Internet advertising sales2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 6 1.3 0.0 0.0 -0.2 0.0 0.0

Business wired telecommunication services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 12 2.6 0.2 -0.1 -0.4 1.1 0.1

Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 2 1.2 0.2 0.1 0.1 0.3 0.1

Cable and satellite subscriber services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 3 4.0 -1.0 -0.1 0.8 1.1 -1.6

Bundled wired telecommunication access services2

. . . . . . . . . . . . . . . . . . . . . . . . 37 5 -0.5 -0.2 1.9 1.6 0.1 -0.2

Data processing and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 1 1.6 0.3 0.3 0.4 0.1 -0.3

Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 11 3.1 -1.2 -0.2 0.7 2.8 0.2

See footnotes at end of table.

23
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Deposit services (partial)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 2 19.7 2.3 3.2 0.9 1.1 2.7

Other credit intermediation, incl. trust services (partial)2

. . . . . . . . . . . . . . . . . . . . 39 3 1.4 -3.7 -0.2 0.0 1.3 0.0

Securities brokerage, dealing, investment advice, and related services2

. . . . . 40 1 10.8 0.1 2.7 0.8 0.6 3.1

Portfolio management2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 2 13.5 -1.7 1.6 6.1 0.2 0.5

Investment banking2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 3 16.1 -0.7 -0.7 0.3 3.4 7.6

Life insurance2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 1101 -1.2 0.0 0.0 0.1 0.0 0.0

Health and medical insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 1103 2.3 0.2 0.1 0.1 0.2 0.2

Property and casualty insurance2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 1104 6.8 0.4 0.7 0.4 0.4 0.2

Annuities2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 2 0.7 0.0 -0.1 0.3 0.0 0.0

Commissions from sales of insurance2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 1 0.3 0.0 0.1 0.0 0.3 0.0

Nonresidential real estate rents2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 11 5.3 1.4 1.1 1.7 -3.6 -0.6

Nonresidential property sales and leases2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 12 -4.5 -0.7 -1.8 -1.0 0.0 -0.1

Residential property management fees2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 22 4.7 1.1 -0.4 3.3 -0.1 0.0

Passenger car rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 1 -3.8 -2.1 1.3 -4.2 -2.0 4.2

Truck, utility trailer, and RV rental and leasing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 2 -1.4 0.1 -0.6 0.0 -0.4 -0.3

Construction, mining, and forestry machinery and equipment rental and

leasing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 3 -0.3 -0.2 0.2 0.1 -0.8 0.6

Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 1 6.2 0.3 0.4 2.0 0.4 0.1

Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 2 7.0 -0.4 0.0 2.2 1.3 0.2

Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 3 2.7 0.0 0.1 0.0 -0.1 0.0

Management, scientific, and technical consulting services2

. . . . . . . . . . . . . . . . . 45 4 5.4 2.2 0.8 0.2 -0.2 0.1

Advertising and related services (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 5 -0.2 0.0 0.0 0.0 0.0 0.0

Permanent placement services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 1 -12.9 0.7 0.8 0.4 -16.1 0.0

Executive search services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 2 3.5 -0.9 2.3 -0.4 -0.3 -2.2

Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 3 0.5 0.2 0.2 -0.2 0.0 0.1

Security guard services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 1 11.6 -0.2 2.4 2.8 0.6 -0.1

Janitorial services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 1 -0.5 0.4 0.0 0.7 0.0 0.0

Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 1 4.5 0.9 -0.3 -0.1 -1.5 1.3

Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 11 -4.6 1.0 -4.5 3.7 -1.2 -3.8

Commercial and industrial machinery and equipment repair and

maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 1 5.9 0.4 0.8 1.2 -0.4 -0.3

Aircraft repair and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 4 6.1 0.5 0.2 -0.3 -0.1 0.2

Metal treatment services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 1 5.1 -0.3 0.6 1.3 0.0 0.5

Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 4 2.7 0.0 0.0 0.3 0.0 0.6

Maintenance and repair of non-residential buildings (partial)2

. . . . . . . . . . . . . . . . . 80 2 2.7 0.0 0.0 0.3 0.0 0.6

Intermediate Demand by Production Flow

Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4 2.1 0.2 0.2 0.6 0.2 0.2

Stage 4 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9411 -0.3 -0.3 0.0 -0.1 0.6 -0.2

Grains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 2 -31.9 -3.0 -1.4 -5.2 -8.3 2.5

Meats. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 21 7.6 0.1 4.8 -3.9 2.3 0.8

Unprocessed and packaged fish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 23 -3.9 0.3 -0.3 5.5 -4.9 1.9

Dairy products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 3 -0.9 -0.6 -1.4 -1.3 1.0 0.9

Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 42 1.2 -0.5 1.1 -2.3 2.5 -1.4

Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 43 2.4 -0.2 1.1 -2.0 2.2 -1.4

Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 71 -1.5 -4.0 2.1 -3.4 6.7 -3.6

No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7303 -6.2 -3.7 -9.3 -0.7 14.9 0.9

Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 14 -8.5 -3.5 -2.1 -3.6 3.1 0.1

Prepared paint2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 21 -1.2 0.0 0.0 0.1 -0.3 -0.2

Medicinal and botanical chemicals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 31 9.1 0.0 -0.2 0.4 7.9 0.2

Biological products, including diagnostics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 37 1.8 0.4 -0.3 -0.9 -0.3 0.4

Pharmaceutical preparations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 38 1.6 0.1 0.2 -0.4 0.2 0.0

Plastic construction products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 21 -2.0 0.0 -0.4 0.3 -0.1 0.0

Unsupported plastic film, sheet, and other shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . 07 22 -4.5 0.2 0.6 -1.3 1.0 -0.4

Parts for manufacturing from plastics2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 26 -0.9 -0.2 0.0 0.0 0.0 1.1

Plastic packaging products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 2A -1.4 0.2 -0.3 0.9 -0.6 0.4

Lumber. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 1 -3.5 -2.1 0.7 -1.0 -1.4 1.3

Millwork. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 2 -1.3 0.3 0.0 -0.1 1.4 -0.6

Paper boxes and containers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 1503 -3.6 -0.3 -0.1 -0.5 0.0 -0.6

Commercial printing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 47 1.7 0.1 0.0 0.8 0.2 0.1

Steel mill products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 17 -3.6 -2.0 2.4 5.4 3.4 -7.8

Nonferrous wire and cable2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 26 -2.8 0.1 0.4 0.2 0.2 0.5

Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 7 1.2 0.5 1.2 0.7 -0.5 -0.8

Other miscellaneous metal products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 89 1.6 0.1 0.0 0.3 0.4 0.3

Air conditioning and refrigeration equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 48 1.4 0.6 0.0 -1.3 1.2 -1.0

Wiring devices2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 71 -4.9 -0.1 -0.5 -0.6 0.6 -0.1

See footnotes at end of table.

24
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 78 0.5 0.2 0.0 0.6 -0.2 -0.1

Miscellaneous electrical machinery and equipment2

. . . . . . . . . . . . . . . . . . . . . . . . 11 79 1.2 -0.1 0.0 0.2 0.3 0.0

Internal combustion engines2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 94 4.3 0.1 0.0 2.0 0.0 0.0

Machine shop products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 95 1.9 0.0 -0.2 0.2 0.9 0.1

Concrete ingredients and related products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 2 7.4 0.6 0.6 1.9 0.7 0.5

Concrete products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 3 6.2 0.5 -0.3 0.9 0.7 0.0

Prepared asphalt, tar roofing and siding products2

. . . . . . . . . . . . . . . . . . . . . . . . . 13 61 7.0 -0.5 0.3 -0.4 1.1 0.1

Paving mixtures and blocks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 94 0.9 1.3 0.9 -0.2 -0.4 0.7

Motor vehicle parts2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 12 1.0 0.1 -0.2 0.1 0.1 0.1

Aircraft engines and engine parts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 23 3.4 0.9 0.4 0.5 0.5 0.1

Aircraft parts and auxiliary equipment, n.e.c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 25 1.5 0.1 0.0 0.2 0.3 0.1

Medical, surgical and personal aid devices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 6 2.5 0.3 0.1 0.6 0.5 0.1

Stage 4 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9412 4.3 0.5 0.4 1.1 -0.2 0.4

Truck transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 12 -3.6 -0.2 -1.5 -0.2 0.7 0.4

Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 16 5.2 -0.3 0.3 0.3 1.3 0.0

Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 22 2.0 -0.4 2.6 -0.7 2.7 2.2

Warehousing, storage, and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 1 1.8 -0.4 -0.1 0.5 2.3 0.9

Advertising space sales in periodicals and newspapers2

. . . . . . . . . . . . . . . . . . . . 36 11 -1.6 -0.2 0.0 0.3 0.1 0.0

Data processing and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 1 1.6 0.3 0.3 0.4 0.1 -0.3

Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 11 3.1 -1.2 -0.2 0.7 2.8 0.2

Deposit services (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 2 19.7 2.3 3.2 0.9 1.1 2.7

Securities brokerage, dealing, investment advice, and related services2

. . . . . 40 1 10.8 0.1 2.7 0.8 0.6 3.1

Portfolio management2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 2 13.5 -1.7 1.6 6.1 0.2 0.5

Investment banking2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 3 16.1 -0.7 -0.7 0.3 3.4 7.6

Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 11 3.6 0.3 0.4 0.1 0.3 0.2

Annuities2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 2 0.7 0.0 -0.1 0.3 0.0 0.0

Nonresidential real estate rents2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 11 5.3 1.4 1.1 1.7 -3.6 -0.6

Nonresidential property sales and leases2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 12 -4.5 -0.7 -1.8 -1.0 0.0 -0.1

Nonresidential property management fees2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 13 7.6 -0.9 1.4 -3.7 4.2 0.3

Residential property management fees2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 22 4.7 1.1 -0.4 3.3 -0.1 0.0

Construction, mining, and forestry machinery and equipment rental and

leasing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 3 -0.3 -0.2 0.2 0.1 -0.8 0.6

Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 1 6.2 0.3 0.4 2.0 0.4 0.1

Advertising agency services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 51 -0.2 0.0 0.0 0.0 0.0 0.0

Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 2 7.0 -0.4 0.0 2.2 1.3 0.2

Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 3 2.7 0.0 0.1 0.0 -0.1 0.0

Management, scientific, and technical consulting services2

. . . . . . . . . . . . . . . . . 45 4 5.4 2.2 0.8 0.2 -0.2 0.1

Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 3 0.5 0.2 0.2 -0.2 0.0 0.1

Janitorial services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 1 -0.5 0.4 0.0 0.7 0.0 0.0

Commercial and industrial machinery and equipment repair and

maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 1 5.9 0.4 0.8 1.2 -0.4 -0.3

Machinery and equipment parts and supplies wholesaling2

. . . . . . . . . . . . . . . . . 57 1102 4.3 1.5 -0.1 1.2 1.0 -1.2

Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . 57 3 -5.0 -1.7 -1.5 3.0 -1.3 -0.6

Metals, minerals, and ores wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 4 -9.0 10.5 4.4 5.5 -14.7 2.8

Chemicals and allied products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 5 3.2 1.0 -5.8 10.4 -3.9 0.8

Paper and plastics products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 6 -2.4 1.4 1.1 -1.1 -2.6 -0.4

Food and alcohol wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 8 6.6 2.3 -1.2 0.7 1.1 0.9

Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . 58 D 9.6 0.3 -0.7 -1.3 -1.6 -1.4

Metal treatment services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 1 5.1 -0.3 0.6 1.3 0.0 0.5

Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3 -0.4 -0.2 -0.4 0.3 1.0 0.0

Stage 3 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9311 -3.8 -1.1 -1.6 0.0 2.6 -0.1

Slaughter cattle. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 31 17.9 -4.4 -3.2 1.3 1.6 7.7

Slaughter hogs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 32 -3.9 -4.4 -18.8 -2.9 35.6 4.6

Slaughter poultry. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 4 -6.4 -0.6 4.3 -1.4 0.8 -3.5

Raw milk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 6 2.0 -1.4 -5.1 1.1 5.1 4.1

Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 42 1.2 -0.5 1.1 -2.3 2.5 -1.4

Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 43 2.4 -0.2 1.1 -2.0 2.2 -1.4

Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 71 -1.5 -4.0 2.1 -3.4 6.7 -3.6

Jet fuel2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7203 -8.9 -5.8 -12.1 0.4 11.5 -6.0

No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7303 -6.2 -3.7 -9.3 -0.7 14.9 0.9

Finished lubricants2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 76 -0.9 0.2 0.7 0.3 -0.1 -0.9

Lubricating oil base stocks2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 78 -8.1 2.1 -7.3 -3.6 9.5 -5.2

Asphalt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 8102 13.0 2.3 4.3 2.7 -13.7 9.1

Basic inorganic chemicals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 13 -12.7 -0.1 -0.2 -1.2 -0.3 -0.4

Basic organic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 14 -8.5 -3.5 -2.1 -3.6 3.1 0.1

Paints and allied products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 2 -1.6 0.2 -0.1 -0.1 -0.3 -0.2

See footnotes at end of table.

25
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Agricultural chemicals and chemical products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 5 -12.6 -0.9 1.7 0.1 -1.1 -0.1

Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 6 -6.2 1.7 1.1 -0.6 1.0 -1.9

Synthetic rubber2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 1102 -3.1 0.2 -1.5 -1.6 1.2 3.6

Unsupported plastic film, sheet, and other shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . 07 22 -4.5 0.2 0.6 -1.3 1.0 -0.4

Paper2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 13 -0.9 -0.1 0.1 0.3 0.3 -0.5

Paperboard2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 14 -5.7 -0.1 -1.5 0.7 -0.2 0.1

Converted paper and paperboard products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 15 -2.1 -0.2 -0.3 -0.4 0.2 -0.4

Commercial printing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 47 1.7 0.1 0.0 0.8 0.2 0.1

Foundry and forge shop products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 15 1.8 -0.1 0.9 0.7 0.5 0.3

Steel mill products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 17 -3.6 -2.0 2.4 5.4 3.4 -7.8

Nonferrous mill shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 25 -4.5 -0.1 0.1 -0.1 0.1 0.2

Nonferrous foundry shop products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 28 3.2 -0.3 0.7 0.1 1.0 0.1

Metal containers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 3 -2.3 -0.5 0.0 0.4 0.2 -0.2

Structural, architectural, and pre-engineered metal products. . . . . . . . . . . . . . . . 10 74 -0.1 0.6 1.9 1.2 -1.3 -1.4

Bolts, nuts, screws, rivets, and washers2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 81 7.4 0.3 0.0 1.8 0.0 0.5

Other miscellaneous metal products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 89 1.6 0.1 0.0 0.3 0.4 0.3

General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 4 4.0 0.1 0.3 -0.3 0.7 0.1

Electrical machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 7 2.4 0.2 0.1 0.9 0.2 0.4

Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 21 8.3 0.5 0.5 2.6 1.2 0.4

Cement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 22 5.0 0.8 0.7 0.3 -0.6 0.6

Motor vehicle parts2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 12 1.0 0.1 -0.2 0.1 0.1 0.1

Aircraft and aircraft equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 2 3.9 0.2 0.2 0.5 0.3 0.1

Stage 3 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9312 2.5 0.6 0.6 0.5 -0.2 0.0

Rail transportation of freight and mail2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 11 0.8 0.4 -0.1 1.1 -1.4 0.0

Courier, messenger, and U.S. postal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 16 5.2 -0.3 0.3 0.3 1.3 0.0

Arrangement of freight and cargo2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 31 1.3 -0.3 12.3 -0.1 7.1 -5.1

Freight forwarding2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 3201 -2.3 0.0 0.0 -0.5 -2.3 0.0

Warehousing, storage, and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 1 1.8 -0.4 -0.1 0.5 2.3 0.9

Advertising space sales in periodicals, newspapers, directories, and mailing

lists2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 1 -1.4 -0.2 0.0 0.3 0.1 0.0

Wired telephone services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 1 2.9 0.1 0.0 -0.1 0.5 0.0

Bundled wired telecommunications access services2

. . . . . . . . . . . . . . . . . . . . . . . 37 5 -0.5 -0.2 1.9 1.6 0.1 -0.2

Data processing and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 1 1.6 0.3 0.3 0.4 0.1 -0.3

Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 11 3.1 -1.2 -0.2 0.7 2.8 0.2

Deposit services (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 2 19.7 2.3 3.2 0.9 1.1 2.7

Securities brokerage, dealing, investment advice, and related services2

. . . . . 40 1 10.8 0.1 2.7 0.8 0.6 3.1

Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 11 3.6 0.3 0.4 0.1 0.3 0.2

Nonresidential real estate rents2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 11 5.3 1.4 1.1 1.7 -3.6 -0.6

Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 1 6.2 0.3 0.4 2.0 0.4 0.1

Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 2 7.0 -0.4 0.0 2.2 1.3 0.2

Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 3 2.7 0.0 0.1 0.0 -0.1 0.0

Management, scientific, and technical consulting services2

. . . . . . . . . . . . . . . . . 45 4 5.4 2.2 0.8 0.2 -0.2 0.1

Advertising agency services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 51 -0.2 0.0 0.0 0.0 0.0 0.0

Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 3 0.5 0.2 0.2 -0.2 0.0 0.1

Aircraft repair maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 4 6.1 0.5 0.2 -0.3 -0.1 0.2

Machinery and equipment parts and supplies wholesaling2

. . . . . . . . . . . . . . . . . 57 1102 4.3 1.5 -0.1 1.2 1.0 -1.2

Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . 57 3 -5.0 -1.7 -1.5 3.0 -1.3 -0.6

Metals, minerals, and ores wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 4 -9.0 10.5 4.4 5.5 -14.7 2.8

Chemicals and allied products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 5 3.2 1.0 -5.8 10.4 -3.9 0.8

Paper and plastics products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 6 -2.4 1.4 1.1 -1.1 -2.6 -0.4

Food wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 8101 6.6 2.6 -1.4 0.8 1.2 0.4

Metal treatment services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 1 5.1 -0.3 0.6 1.3 0.0 0.5

Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2 -0.4 -1.0 -1.2 1.0 -0.1 -1.3

Stage 2 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9211 -5.4 -2.5 -3.4 1.7 -0.9 -3.1

Corn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 2202 -33.7 -3.5 -2.0 -6.5 -9.2 4.1

Oilseeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 83 -20.6 2.2 -3.8 -9.2 -8.9 -0.3

Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 9 -10.6 -0.2 -0.7 -2.5 -2.4 -1.9

Coal2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 1 0.8 2.7 -1.6 0.3 0.7 -1.9

Natural gas2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 31 -43.8 10.3 0.2 16.2 -26.2 -37.0

Liquefied petroleum gas2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 32 0.6 -5.7 -0.8 3.5 3.6 -0.5

Crude petroleum2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 61 6.1 -9.6 -10.6 4.4 5.5 -0.8

No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7303 -6.2 -3.7 -9.3 -0.7 14.9 0.9

Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 1 -9.3 -2.9 -1.7 -3.1 2.5 0.0

Plastic resins and materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 6 -6.2 1.7 1.1 -0.6 1.0 -1.9

Plastic products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 2 -1.3 0.2 -0.1 0.1 0.0 0.2

Logs, bolts, timber, pulpwood, and wood chips2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 08 5 -2.7 -1.1 -0.3 0.1 -0.4 0.1

See footnotes at end of table.

26
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Paper2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 13 -0.9 -0.1 0.1 0.3 0.3 -0.5

Paperboard, excluding corrugated paperboard2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 1411 -6.3 0.0 -2.0 0.7 -0.2 0.2

Commercial printing2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 47 1.7 0.1 0.0 0.8 0.2 0.1

Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 12 -18.1 4.9 -1.0 -3.8 -4.0 -15.7

Steel mill products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 17 -3.6 -2.0 2.4 5.4 3.4 -7.8

Nonferrous mill shapes2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 25 -4.5 -0.1 0.1 -0.1 0.1 0.2

Electrical machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 7 2.4 0.2 0.1 0.9 0.2 0.4

Electronic components and accessories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 78 0.5 0.2 0.0 0.6 -0.2 -0.1

Stage 2 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9212 3.2 0.2 0.4 0.6 0.6 0.0

Rail transportation of freight and mail2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 11 0.8 0.4 -0.1 1.1 -1.4 0.0

Truck transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 12 -3.6 -0.2 -1.5 -0.2 0.7 0.4

U.S. Postal Service2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 1601 7.1 0.0 0.0 0.0 3.2 0.0

Courier and messenger services, except air. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 1602 4.3 0.0 0.5 0.1 0.0 0.3

Air mail and package delivery services, excluding by USPS. . . . . . . . . . . . . . . . 30 1603 4.1 -1.0 0.3 0.9 1.1 -0.4

Pipeline transportation2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 17 0.7 -0.2 0.0 0.1 -0.7 0.0

Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 22 2.0 -0.4 2.6 -0.7 2.7 2.2

Arrangement of freight and cargo2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 31 1.3 -0.3 12.3 -0.1 7.1 -5.1

Television advertising time sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 21 -12.5 6.3 1.7 -1.0 1.5 -8.4

Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 2 1.2 0.2 0.1 0.1 0.3 0.1

Data processing and related services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 1 1.6 0.3 0.3 0.4 0.1 -0.3

Securities brokerage, dealing, investment advice, and related services2

. . . . . 40 1 10.8 0.1 2.7 0.8 0.6 3.1

Portfolio management2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 2 13.5 -1.7 1.6 6.1 0.2 0.5

Investment banking2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 31 16.1 -0.7 -0.7 0.3 3.4 7.6

Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 11 3.6 0.3 0.4 0.1 0.3 0.2

Commissions from sales of insurance2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 11 0.3 0.0 0.1 0.0 0.3 0.0

Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 1 6.2 0.3 0.4 2.0 0.4 0.1

Accounting services (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 2 7.0 -0.4 0.0 2.2 1.3 0.2

Management, scientific, and technical consulting services2

. . . . . . . . . . . . . . . . . 45 4 5.4 2.2 0.8 0.2 -0.2 0.1

Advertising agency services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 51 -0.2 0.0 0.0 0.0 0.0 0.0

Staffing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 3 0.5 0.2 0.2 -0.2 0.0 0.1

Security guard services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 1 11.6 -0.2 2.4 2.8 0.6 -0.1

Janitorial services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 1 -0.5 0.4 0.0 0.7 0.0 0.0

Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 1 -4.6 1.0 -4.5 3.7 -1.2 -3.8

Commercial and industrial machinery and equipment repair and

maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 1 5.9 0.4 0.8 1.2 -0.4 -0.3

Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . 58 D 9.6 0.3 -0.7 -1.3 -1.6 -1.4

Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1 0.2 -0.2 -0.2 0.4 0.4 -0.1

Stage 1 intermediate demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9111 -3.0 -0.9 -0.7 -0.2 1.4 -0.7

Prepared animal feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 02 9 -10.6 -0.2 -0.7 -2.5 -2.4 -1.9

Commercial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 42 1.2 -0.5 1.1 -2.3 2.5 -1.4

Industrial electric power. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 43 2.4 -0.2 1.1 -2.0 2.2 -1.4

Commercial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 52 -7.1 2.2 2.0 -0.2 2.0 0.2

Industrial natural gas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 53 -6.4 1.1 -0.4 3.6 -0.4 1.8

Gasoline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 71 -1.5 -4.0 2.1 -3.4 6.7 -3.6

No. 2 diesel fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05 7303 -6.2 -3.7 -9.3 -0.7 14.9 0.9

Industrial chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 1 -9.3 -2.9 -1.7 -3.1 2.5 0.0

Prepared paint2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 06 21 -1.2 0.0 0.0 0.1 -0.3 -0.2

Plastic construction products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 07 21 -2.0 0.0 -0.4 0.3 -0.1 0.0

Recyclable paper2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 12 77.5 4.0 2.7 8.0 3.0 5.0

Paper2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 13 -0.9 -0.1 0.1 0.3 0.3 -0.5

Converted paper and paperboard products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 09 15 -2.1 -0.2 -0.3 -0.4 0.2 -0.4

Iron and steel scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 12 -18.1 4.9 -1.0 -3.8 -4.0 -15.7

Steel mill products2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 17 -3.6 -2.0 2.4 5.4 3.4 -7.8

Primary nonferrous metals2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 22 6.6 0.6 -1.0 0.6 3.6 1.1

Nonferrous scrap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 23 -1.7 -0.7 2.1 -2.2 -0.9 4.2

Nonferrous wire and cable2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 26 -2.8 0.1 0.4 0.2 0.2 0.5

Fabricated structural metal products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 7 1.2 0.5 1.2 0.7 -0.5 -0.8

General purpose machinery and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 4 4.0 0.1 0.3 -0.3 0.7 0.1

Construction sand, gravel, and crushed stone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 21 8.3 0.5 0.5 2.6 1.2 0.4

Stage 1 intermediate demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 9112 3.5 0.6 0.3 0.9 -0.5 0.5

Truck transportation of freight2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 12 -3.6 -0.2 -1.5 -0.2 0.7 0.4

Airline passenger services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 22 2.0 -0.4 2.6 -0.7 2.7 2.2

Advertising space sales in periodicals, newspapers, directories, and mailing

lists2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 1 -1.4 -0.2 0.0 0.3 0.1 0.0

Business wired telecommunication services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 12 2.6 0.2 -0.1 -0.4 1.1 0.1

Wireless telecommunication services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 2 1.2 0.2 0.1 0.1 0.3 0.1

See footnotes at end of table.

27
Table 2. Producer price index percentage changes for selected commodity groupings by Final DemandIntermediate Demand category, seasonally adjusted — Continued

[March 2024]

Grouping

Commodity

code

Unadjusted

12-month

percent

change1

Seasonally adjusted 1-month percent change1

Group

code

Item

code

Mar. 2023

to

Mar. 2024p

Oct. to

Nov.

Nov. to

Dec.p

Dec. to

Jan.p

Jan. to

Feb.p

Feb. to

Mar.p

Bundled wired telecommunications access services2. . . . . . . . . . . . . . . . . . . . . . . 37 5 -0.5 -0.2 1.9 1.6 0.1 -0.2

Business loans (partial). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 11 3.1 -1.2 -0.2 0.7 2.8 0.2

Deposit services (partial)2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 2 19.7 2.3 3.2 0.9 1.1 2.7

Securities brokerage, dealing, investment advice, and related services2

. . . . . 40 1 10.8 0.1 2.7 0.8 0.6 3.1

Portfolio management2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 2 13.5 -1.7 1.6 6.1 0.2 0.5

Investment banking2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 3 16.1 -0.7 -0.7 0.3 3.4 7.6

Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 11 3.6 0.3 0.4 0.1 0.3 0.2

Nonresidential real estate rents2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 11 5.3 1.4 1.1 1.7 -3.6 -0.6

Architectural and engineering services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 3 2.7 0.0 0.1 0.0 -0.1 0.0

Management consulting services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 41 5.4 2.2 0.8 0.2 -0.2 0.1

Waste collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 1 4.5 0.9 -0.3 -0.1 -1.5 1.3

Traveler accommodation services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 11 -4.6 1.0 -4.5 3.7 -1.2 -3.8

Commercial and industrial machinery and equipment repair and

maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 1 5.9 0.4 0.8 1.2 -0.4 -0.3

Machinery and equipment parts and supplies wholesaling2

. . . . . . . . . . . . . . . . . 57 1102 4.3 1.5 -0.1 1.2 1.0 -1.2

Building materials, paint, and hardware wholesaling. . . . . . . . . . . . . . . . . . . . . . . . 57 3 -5.0 -1.7 -1.5 3.0 -1.3 -0.6

Metals, minerals, and ores wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 4 -9.0 10.5 4.4 5.5 -14.7 2.8

Chemicals and allied products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 5 3.2 1.0 -5.8 10.4 -3.9 0.8

Paper and plastics products wholesaling2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 6 -2.4 1.4 1.1 -1.1 -2.6 -0.4

Hardware and building materials and supplies retailing. . . . . . . . . . . . . . . . . . . . . 58 D 9.6 0.3 -0.7 -1.3 -1.6 -1.4

Mining services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 1 1.8 1.2 1.3 -0.2 0.4 0.6

1 All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally

adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January.

2 Seasonal tests did not indicate the presence of seasonality. Data shown is not seasonally adjusted.

3 Trade indexes measure changes in margins received by wholesalers and retailers.

p Preliminary

′′-′′ Data not available.

NOTE: The term ′′(partial)′′ denotes incomplete coverage of the index category.

28
Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally adjusted

[March 2024, Index base Nov. 2009=100, unless otherwise indicated]

Grouping

Other

index

base

Commodity

code Seasonally adjusted index1

Group

code

Item

code

Nov.

2023

Dec.

2023p

Jan.

2024p

Feb.

2024p

Mar.

2024p

Final Demand

Final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4 142.267 142.159 142.676 143.466 143.687

Final demand goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41 142.960 142.801 142.631 144.309 144.137

Final demand foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 411 150.798 150.784 150.402 152.078 153.345

Finished consumer foods2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 4111 266.783 266.963 268.089 273.084 275.281

Finished consumer foods, crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 41113 264.889 248.093 267.841 295.277 283.379

Finished consumer foods, processed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 41112 265.806 267.603 266.949 269.769 273.309

Government purchased foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4112 156.471 157.478 155.338 156.961 158.263

Foods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4113 149.282 148.315 144.015 140.482 141.857

Final demand energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 412 141.212 140.064 138.383 144.048 141.794

Finished consumer energy goods2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 4121 219.817 221.175 218.244 225.602 222.313

Government purchased energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4122 153.323 145.706 144.143 154.492 151.739

Energy for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4123 137.968 127.662 127.656 135.083 131.977

Final demand goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 413 141.429 141.539 141.900 142.347 142.422

Finished goods less foods and energy2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 4131 249.122 249.241 250.063 250.898 251.468

Finished consumer goods less foods and energy. . . . . . . . . . . . . . . . . . . . . . 00/82 FD 41311 276.782 276.897 277.336 278.357 278.663

Nondurable consumer goods less foods and energy. . . . . . . . . . . . . . . . . 00/82 FD 413111 359.741 360.071 360.513 362.520 362.460

Durable consumer goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 413112 191.834 191.767 192.176 192.323 192.914

Private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 41312 213.944 214.061 215.183 215.818 216.596

Private capital equipment for manufacturing industries. . . . . . . . . . . . . . . 00/82 FD 413121 229.715 230.232 231.891 232.610 233.867

Private capital equipment for nonmanufacturing industries. . . . . . . . . . . 00/82 FD 413122 209.227 209.225 210.189 210.800 211.436

Government purchased goods, excluding foods and energy. . . . . . . . . . . . . . FD 4132 137.555 137.618 138.202 138.632 139.022

Government purchased goods excluding foods, energy, and capital

equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41321 145.539 145.588 145.771 146.293 146.575

Government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 41322 125.447 125.526 126.579 126.892 127.404

Goods for export, excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4133 137.287 137.480 137.572 137.962 137.499

Final demand services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42 140.824 140.733 141.559 141.978 142.378

Final demand trade services3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 423 152.081 150.337 150.637 150.783 151.229

Trade of finished goods2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4231 149.976 148.674 148.470 148.750 149.178

Trade of personal consumption goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42311 149.534 149.599 148.894 149.347 149.497

Trade of private capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42312 150.232 142.888 144.908 144.417 146.075

Trade of government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4232 166.279 161.596 163.977 164.096 164.626

Trade of government purchased goods, excluding capital equipment. . . FD 42321 172.210 171.279 171.303 171.463 171.168

Trade of government purchased capital equipment. . . . . . . . . . . . . . . . . . . . FD 42322 155.824 145.581 151.460 151.514 153.267

Trade of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4233 166.506 161.700 165.999 164.851 165.436

Final demand transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . FD 422 149.708 149.515 149.245 150.920 152.117

Transportation of passengers for final demand. . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4221 133.715 137.204 136.259 139.873 142.952

Transportation of private passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42211 133.720 137.202 136.259 139.866 142.939

Transportation of government passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42212 133.517 136.968 136.032 139.607 142.651

Transportation of passengers for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42213 133.701 137.219 136.267 139.913 143.018

Transportation and warehousing of goods for final demand. . . . . . . . . . . . . . . FD 4222 155.125 153.496 153.492 154.399 154.855

Transportation and warehousing of finished goods2

. . . . . . . . . . . . . . . . . . . . FD 42221 153.084 151.287 151.222 152.171 152.641

Transportation and warehousing of personal consumption goods. . . . . FD 422211 153.621 151.862 151.801 152.795 153.258

Transportation and warehousing of private capital equipment. . . . . . . . FD 422212 150.905 148.955 148.877 149.639 150.138

Transportation and warehousing of government purchased goods. . . . . . FD 42222 153.786 152.375 152.463 153.631 154.142

Transportation and warehousing of exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42223 161.277 159.980 160.095 160.859 161.273

Final demand services less trade, transportation, and warehousing. . . . . . . . . FD 421 134.739 135.325 136.472 136.869 137.165

Finished services less trade, transportation, and warehousing2

. . . . . . . . . . . FD 4211 135.057 135.566 136.726 137.121 137.344

Finished consumer services less trade, transportation, and

warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42111 134.373 134.845 136.215 136.670 136.871

Private capital investment services less trade, transportation, and

warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42112 141.528 142.329 141.853 141.786 142.181

Government purchased services less trade, transportation, and

warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 4212 125.364 126.045 127.178 127.357 127.523

Gov. purchased services less trade, transportation, and warehousing,

excl. capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42121 126.017 126.686 127.949 128.146 128.282

Government purchased capital investment services less trade,

transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 42122 110.003 110.805 110.049 109.952 110.537

Services for export less trade, transportation, and warehousing. . . . . . . . . . . FD 4213 141.691 143.293 144.286 144.947 146.460

Final demand construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 43 174.118 174.176 174.643 174.602 174.757

Construction for private capital investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 431 178.171 178.287 178.685 178.648 178.839

Construction for government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FD 432 166.586 166.522 167.138 167.090 167.167

Final Demand Special Groupings

Final demand less exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49101 139.896 139.863 140.378 141.226 141.440

Final demand less government. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49102 140.272 140.228 140.732 141.458 141.692

Final demand less foods, food and nonalcoholic beverages for immediate

consumption, and energy4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49103 140.299 140.203 140.985 141.418 141.726

Final demand less foods and energy4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49104 140.092 140.048 140.757 141.166 141.486

Final demand less foods and food and nonalcoholic beverages for immediate

consumption4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49105 139.924 139.759 140.377 141.149 141.289

See footnotes at end of table.

29
Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally

adjusted — Continued

[March 2024, Index base Nov. 2009=100, unless otherwise indicated]

Grouping

Other

index

base

Commodity

code Seasonally adjusted index1

Group

code

Item

code

Nov.

2023

Dec.

2023p

Jan.

2024p

Feb.

2024p

Mar.

2024p

Final demand less foods4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49106 139.681 139.569 140.128 140.858 141.018

Final demand less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49107 140.446 140.403 141.050 141.529 141.901

Final demand less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49108 138.344 138.595 139.153 140.074 140.244

Final demand less distributive services5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49109 137.791 138.122 138.704 139.627 139.785

Final demand goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49111 141.964 142.046 142.243 142.950 143.282

Final demand goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49112 138.229 138.043 137.921 139.563 139.096

Final demand services less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49113 134.959 135.467 136.472 136.985 137.363

Final demand distributive services5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49114 149.478 147.787 148.034 148.294 148.733

Final demand goods plus final demand distributive services5

. . . . . . . . . . . . . . . . . . . . 04/10 FD 49115 143.594 142.802 142.808 143.873 143.957

Final demand less foods, energy, and trade services4

. . . . . . . . . . . . . . . . . . . . . . . . . . 08/13 FD 49116 129.107 129.471 130.236 130.684 130.955

Private and government purchased capital equipment. . . . . . . . . . . . . . . . . . . . . . . . . . 08/13 FD 49117 129.175 129.247 129.981 130.356 130.833

Private and government purchased capital investment services. . . . . . . . . . . . . . . . . 08/13 FD 49118 134.412 132.021 132.599 132.441 133.272

Total private and government purchased capital investment. . . . . . . . . . . . . . . . . . . . . 08/13 FD 49119 135.019 133.861 134.472 134.525 135.133

Total finished2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49201 140.852 140.900 141.413 142.211 142.443

Total finished less foods, food and nonalcoholic beverages for immediate

consumption, and energy2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12/10 FD 49202 139.774 139.765 140.429 140.854 141.171

Total finished less foods and energy2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49203 140.634 140.624 141.288 141.719 142.046

Total finished less foods and food and nonalcoholic beverages for immediate

consumption2, 4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12/10 FD 49204 138.957 139.002 139.506 140.188 140.355

Total finished less foods2, 4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49205 140.369 140.413 140.920 141.609 141.787

Total finished less energy2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49206 141.142 141.139 141.801 142.361 142.738

Finished goods2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49207 254.608 255.077 254.988 258.454 258.353

Finished goods less energy2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49208 253.009 253.144 254.045 255.993 256.999

Finished goods, excluding foods2, 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49209 250.745 251.288 250.879 253.935 253.232

Finished services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49210 139.121 139.094 139.800 140.232 140.562

Private capital investment services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49211 144.579 142.184 142.664 142.485 143.355

Finished distributive services2, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49212 147.261 145.926 145.743 146.097 146.522

Finished services less trade services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49213 134.879 135.326 136.368 136.857 137.150

Finished services less distributive services2, 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49214 134.145 134.716 135.821 136.286 136.570

Total private capital investment (goods, services, and construction). . . . . . . . . . . . . 04/10 FD 49215 143.040 141.811 142.361 142.407 143.065

Finished goods plus finished distributive services2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49216 144.494 143.986 143.872 145.042 145.218

Total exports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49301 140.493 139.912 140.378 140.699 140.947

Goods for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49302 232.645 231.728 231.014 231.579 230.906

Services for export. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49303 151.774 151.109 152.814 153.131 154.275

Total government purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49401 137.462 136.647 137.203 138.578 138.619

Government purchased goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49402 233.516 230.591 230.136 235.189 234.680

Government purchased services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49403 134.003 133.801 135.032 135.339 135.656

Total government purchased capital investment (goods, services, construction).. . 08/13 FD 49404 132.986 131.863 133.120 133.234 133.734

Government purchases, defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05/15 FD 49405 125.055 123.404 124.117 125.823 125.684

Government purchases, non-defense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 05/15 FD 49406 131.511 131.138 131.587 132.696 132.820

Personal consumption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01/10 FD 49501 140.270 140.609 141.114 142.084 142.219

Personal consumption goods (finished consumer goods). . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49502 271.823 272.446 271.823 276.533 276.045

Personal consumption goods less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49503 273.014 273.157 273.898 276.652 277.783

Personal consumption goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49504 272.055 272.861 271.498 276.051 274.427

Personal consumption nondurable goods less foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 FD 49508 307.115 308.312 306.156 312.722 310.097

Personal consumption services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49505 137.758 138.097 138.835 139.360 139.606

Personal consumption less trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49506 137.368 137.775 138.579 139.673 139.804

Personal consumption less distributive services5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 FD 49507 137.016 137.500 138.335 139.435 139.554

Personal consumption less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/14 FD 49510 129.134 129.423 130.064 130.555 130.776

Personal consumption less foods, energy, and trade services3

. . . . . . . . . . . . . . . . . . 04/14 FD 49511 126.456 126.815 127.846 128.358 128.604

Personal consumption less foods, energy, and distributive services5

. . . . . . . . . . . . 04/14 FD 49512 126.354 126.801 127.883 128.380 128.620

Personal consumption goods plus personal consumption distributive services5

. . . 08/13 FD 49509 132.751 132.829 132.395 133.746 133.716

Intermediate Demand by Commodity Type

Processed goods

Processed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 1 255.588 254.475 254.135 257.995 256.651

Materials and components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 11 231.059 231.609 232.130 234.073 233.015

Materials for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 111 142.407 142.796 142.976 144.714 143.477

Materials for food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 1111 248.841 250.340 246.532 250.728 254.258

Materials for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 1112 261.015 259.702 257.691 260.183 260.432

Materials for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 1113 273.026 275.831 280.925 284.561 276.508

Components for manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 112 188.361 188.704 189.426 189.874 190.241

Components for nondurable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1121 145.270 145.698 145.443 146.074 146.267

Components for durable manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 1122 132.994 133.228 133.776 134.079 134.342

Materials and components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 12 352.868 353.706 354.423 355.337 355.140

Materials for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 121 167.847 168.020 168.497 169.294 169.449

Components for construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 122 179.358 179.974 180.223 180.381 180.071

Processed fuels and lubricants for intermediate demand. . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 13 247.721 240.649 237.949 252.070 248.302

Processed fuels and lubricants to manufacturing industries. . . . . . . . . . . . . . . . . 00/82 ID6 131 258.227 251.428 247.844 257.048 254.913

See footnotes at end of table.

30
Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally

adjusted — Continued

[March 2024, Index base Nov. 2009=100, unless otherwise indicated]

Grouping

Other

index

base

Commodity

code Seasonally adjusted index1

Group

code

Item

code

Nov.

2023

Dec.

2023p

Jan.

2024p

Feb.

2024p

Mar.

2024p

Processed fuels and lubricants to nonmanufacturing industries. . . . . . . . . . . . . 00/82 ID6 132 244.687 237.520 235.097 250.809 246.515

Containers for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 14 304.671 304.742 304.367 304.489 303.480

Supplies for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 15 250.610 250.570 250.219 250.243 250.077

Supplies to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 151 245.378 245.616 246.674 246.594 246.948

Supplies to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 152 249.433 249.350 248.784 248.823 248.578

Supplies to nonmanufacturing industries, feeds. . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 1521 234.791 230.922 224.963 217.276 213.156

Supplies to nonmanufacturing industries, other than feeds. . . . . . . . . . . . . . . . 00/82 ID6 1522 253.343 253.751 253.881 254.927 255.185

Unprocessed goods

Unprocessed goods for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 2 251.309 240.982 244.612 242.896 238.367

Unprocessed foodstuffs and feedstuffs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 21 219.200 211.966 208.824 212.133 216.786

Unprocessed nonfood materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 22 263.730 251.599 260.013 254.704 243.670

Unprocessed nonfood materials except fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 221 328.565 310.566 315.471 321.728 320.577

Unprocessed nonfood materials except fuel to manufacturing industries. . . 00/82 ID6 2211 303.588 286.046 290.426 296.312 295.108

Unprocessed nonfood materials except fuel to nonmanufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 2212 357.427 358.968 367.831 372.202 374.206

Unprocessed fuel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 222 128.545 128.087 142.735 115.813 86.620

Unprocessed fuel to manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 2221 226.485 223.405 229.510 220.666 206.247

Unprocessed fuel to nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 2222 126.693 126.369 141.917 113.208 82.349

Services

Services for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 3 147.485 148.131 149.236 149.214 149.560

Trade services for intermediate demand3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 33 176.792 176.411 178.297 175.562 175.641

Trade services for manufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12/12 ID6 331 161.463 160.864 164.372 160.623 160.824

Trade services for nonmanufacturing industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . 12/12 ID6 332 157.379 157.280 157.256 156.014 155.962

Transportation and warehousing services for intermediate demand. . . . . . . . . . . . ID6 32 155.934 157.166 157.301 159.224 159.246

Transportation of passengers for intermediate demand. . . . . . . . . . . . . . . . . . . . . ID6 321 133.581 137.031 136.096 139.669 142.712

Transportation of passengers for manufacturing industries. . . . . . . . . . . . . . . . ID6 3211 133.679 137.195 136.243 139.886 142.990

Transportation of passengers for nonmanufacturing industries. . . . . . . . . . . . ID6 3212 133.630 137.073 136.139 139.705 142.741

Transportation and warehousing of goods for intermediate demand. . . . . . . . . ID6 322 158.348 159.374 159.610 161.383 161.123

Transportation and warehousing of goods for manufacturing industries. . . . 12/12 ID6 3221 130.954 130.134 130.434 130.569 131.009

Transportation and warehousing of goods for nonmanufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12/12 ID6 3222 141.635 143.038 143.219 145.191 144.768

Services less trade, transportation, and warehousing for intermediate

demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 31 138.246 138.997 140.102 140.301 140.759

Services less trade, transportation, and warehousing for manufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 311 129.610 130.217 132.496 132.397 132.913

Services less trade, transportation, and warehousing for nonmanufacturing

industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 312 138.521 139.277 140.342 140.551 141.007

Construction

Construction for intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID6 4 145.959 145.988 146.400 146.405 147.220

Intermediate Demand by Commodity Type Special Groupings

Processed materials less foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9111 256.821 255.570 255.598 259.766 258.132

Processed foods and feeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9112 243.805 244.033 240.090 240.907 242.420

Processed energy goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9113 248.871 241.766 239.053 253.253 249.464

Processed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9118 254.196 254.587 254.841 256.073 255.355

Processed materials less foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9115 255.045 255.455 256.251 257.533 256.530

Intermediate distributive services6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID6 9116 166.265 166.501 167.644 166.904 166.835

Processed goods plus intermediate distributive services. . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID6 9117 146.310 145.932 146.105 147.446 146.892

Unprocessed materials less agricultural products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9211 270.176 256.890 267.347 262.929 250.215

Unprocessed energy materials7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9212 203.760 188.145 200.143 196.201 182.581

Unprocessed materials less energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9213 273.368 268.187 264.388 264.930 268.650

Unprocessed nonfood materials less energy8

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 00/82 ID6 9216 434.930 436.281 430.532 422.443 423.105

Intermediate Demand by Production Flow

Stage 4 Intermediate Demand

Stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4 149.042 149.382 150.233 150.472 150.718

Inputs to stage 4 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 41 146.109 145.946 146.617 146.344 146.046

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 411 138.471 138.360 138.482 138.574 138.247

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4111 144.619 144.367 141.650 138.785 139.261

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4112 150.873 142.766 140.543 140.605 138.619

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4113 137.523 137.508 138.086 138.632 138.196

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 412 171.537 171.198 173.698 172.191 171.995

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4123 184.380 183.762 187.019 184.849 184.367

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4122 136.640 136.471 136.770 136.895 137.675

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 41221 133.700 137.218 136.266 139.912 143.017

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 41222 146.264 145.361 145.926 145.368 145.744

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 4121 131.640 132.071 132.898 132.876 133.197

Inputs to stage 4 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 42 146.598 147.202 148.248 148.787 149.418

See footnotes at end of table.

31
Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally

adjusted — Continued

[March 2024, Index base Nov. 2009=100, unless otherwise indicated]

Grouping

Other

index

base

Commodity

code Seasonally adjusted index1

Group

code

Item

code

Nov.

2023

Dec.

2023p

Jan.

2024p

Feb.

2024p

Mar.

2024p

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 421 146.116 146.167 145.306 147.265 147.169

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4211 147.667 148.301 146.394 147.842 150.750

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4212 141.389 141.172 138.771 143.860 141.641

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4213 147.539 147.566 147.936 148.189 148.426

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 422 146.540 147.328 149.008 149.070 149.943

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4223 165.105 163.551 165.999 165.013 165.074

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4222 151.294 152.424 152.595 155.542 156.163

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 42221 133.199 136.683 135.740 139.350 142.425

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 42222 154.998 155.734 156.095 158.941 159.150

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 4221 143.012 144.008 145.752 145.623 146.603

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 423 145.959 145.988 146.400 146.405 147.220

Inputs to stage 4 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 43 163.248 163.608 164.030 164.165 164.009

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 431 167.086 167.553 167.792 168.903 168.600

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4312 150.066 148.907 145.554 153.954 151.144

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4313 172.627 173.268 173.873 174.287 174.227

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 432 153.332 153.427 154.303 151.982 152.195

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4323 173.615 174.439 176.496 170.456 170.574

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 4322 147.620 145.883 145.866 146.374 146.853

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 43221 139.372 143.033 142.042 145.835 149.066

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 43222 148.603 146.726 146.733 147.165 147.579

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 4321 132.755 132.931 133.128 132.900 133.083

Stage 3 Intermediate Demand

Stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3 146.099 145.544 145.970 147.467 147.446

Inputs to stage 3 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 31 153.673 152.747 153.499 154.602 155.081

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 311 148.095 147.005 147.228 149.628 149.992

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3111 160.139 155.700 153.718 159.287 162.988

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3112 142.029 137.215 137.775 135.837 138.168

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3113 147.460 147.991 149.143 150.524 149.369

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 312 164.832 164.598 167.338 163.335 164.228

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3123 173.004 173.081 177.883 169.996 171.096

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3122 149.889 148.840 149.090 149.760 150.452

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 31221 142.354 146.097 145.084 148.964 152.268

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 31222 150.093 148.781 149.101 149.593 150.140

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 3121 135.634 136.002 136.607 136.316 136.792

Inputs to stage 3 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 32 139.304 139.007 139.203 141.015 140.640

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 321 127.826 122.166 121.720 128.963 127.494

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3211 157.256 156.193 155.102 154.295 154.120

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3212 128.918 119.615 118.624 130.390 127.734

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3213 135.774 135.739 136.193 136.561 136.952

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 322 142.150 143.261 143.624 144.028 143.924

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3223 200.490 201.309 198.778 197.800 197.991

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3222 163.004 165.590 165.645 168.297 167.365

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 32221 104.355 104.603 104.462 104.633 104.745

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 32222 163.509 166.107 166.163 168.828 167.891

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 3221 133.420 134.149 134.770 134.641 134.747

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 323 145.959 145.988 146.400 146.405 147.220

Inputs to stage 3 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 33 142.173 142.294 142.305 141.625 141.358

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 331 133.515 133.803 134.145 134.716 135.092

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3313 170.130 170.497 170.933 171.661 172.140

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 332 171.347 171.283 170.901 168.630 167.553

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3323 176.619 176.493 175.947 173.480 172.215

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 3322 116.109 116.385 117.379 116.610 116.872

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 33222 122.557 122.848 123.898 123.087 123.363

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 3321 126.124 126.672 127.684 127.230 127.899

Stage 2 Intermediate Demand

Stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2 135.574 133.968 135.347 135.276 133.567

Inputs to stage 2 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 21 124.165 120.716 122.708 121.622 118.690

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 211 119.479 114.915 117.189 115.781 111.720

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2111 159.015 155.451 148.098 139.663 137.626

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2112 90.224 83.591 88.783 87.357 81.616

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2113 141.694 141.242 140.371 140.900 139.789

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 212 151.838 151.664 152.959 152.797 153.196

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2123 172.162 170.519 172.675 171.889 172.354

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2122 168.822 169.628 170.503 170.221 170.631

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 21221 134.185 137.560 136.642 140.134 143.107

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 21222 170.824 171.507 172.470 172.005 172.291

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 2121 137.060 137.576 138.513 139.154 139.532

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 213 145.959 145.988 146.400 146.405 147.220

See footnotes at end of table.

32
Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally

adjusted — Continued

[March 2024, Index base Nov. 2009=100, unless otherwise indicated]

Grouping

Other

index

base

Commodity

code Seasonally adjusted index1

Group

code

Item

code

Nov.

2023

Dec.

2023p

Jan.

2024p

Feb.

2024p

Mar.

2024p

Inputs to stage 2 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 22 144.988 145.716 146.289 147.463 147.307

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 221 143.978 143.507 143.076 144.299 143.798

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2211 114.112 113.580 112.632 110.879 110.217

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2212 151.558 147.011 147.243 159.277 155.000

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2213 144.187 143.984 143.515 144.071 143.819

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 222 144.669 145.558 146.257 147.447 147.312

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2223 190.064 192.684 187.251 187.470 188.136

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 2222 142.897 149.319 148.792 152.266 149.906

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 22221 134.133 137.637 136.688 140.318 143.410

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 22222 145.072 152.055 151.604 155.063 151.692

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 2221 143.546 143.949 145.028 146.101 146.093

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 223 145.959 145.988 146.400 146.405 147.220

Stage 1 Intermediate Demand

Stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1 145.548 145.297 145.848 146.435 146.258

Inputs to stage 1 goods producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 11 143.398 142.883 143.542 143.258 142.026

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 111 140.209 139.560 139.119 140.104 138.107

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1111 142.438 140.969 135.546 130.412 131.716

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1112 127.309 122.982 122.757 127.758 125.230

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1113 146.536 146.895 147.238 148.320 145.839

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 112 156.228 156.089 159.936 155.939 156.912

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1123 171.957 170.786 177.198 169.609 170.687

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1122 157.780 159.432 159.700 161.232 162.651

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 11221 133.675 137.192 136.240 139.885 142.990

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 11222 161.960 163.130 163.698 164.682 165.663

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 1121 110.815 111.690 112.301 112.512 113.131

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 113 145.959 145.988 146.400 146.405 147.220

Inputs to stage 1 services producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 12 145.439 145.434 146.009 147.056 147.472

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 121 145.833 144.162 143.768 147.280 146.908

Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1211 128.006 128.022 127.987 144.734 138.610

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1212 154.372 148.468 146.418 157.036 155.736

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1213 149.925 150.150 150.512 150.757 150.843

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 122 144.604 145.299 146.279 146.279 147.026

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1223 178.080 179.242 178.187 176.619 176.506

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1222 143.581 144.665 144.474 147.139 148.221

Transportation of passengers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 12221 133.595 137.110 136.159 139.801 142.904

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 12222 164.193 164.112 164.301 166.736 166.870

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 1221 139.775 140.361 141.696 141.472 142.246

Construction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 123 145.959 145.988 146.400 146.405 147.220

Inputs to stage 1 construction producers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 13 163.626 162.942 163.113 164.035 164.032

Goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 131 164.428 163.584 163.960 165.929 166.197

Energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1312 137.291 125.462 124.336 139.057 139.437

Goods excluding foods and energy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1313 170.385 170.853 171.417 171.880 172.139

Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 132 162.701 162.405 162.072 160.415 159.742

Trade services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1323 173.247 173.483 173.059 170.442 169.317

Transportation and warehousing services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 1322 122.010 120.292 120.092 120.939 121.382

Transportation and warehousing of goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ID5 13222 126.204 124.427 124.220 125.096 125.554

Services less trade, transportation, and warehousing. . . . . . . . . . . . . . . . . . . . . ID5 1321 139.325 139.993 140.926 140.095 140.313

Intermediate Demand by Production Flow Special Groupings

Total goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9411 143.471 143.526 143.378 144.224 143.977

Total services inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9412 150.408 150.995 152.725 152.402 153.086

Total construction inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9413 144.750 144.779 145.187 145.192 146.000

Total foods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9414 142.730 142.856 140.539 139.542 141.026

Total energy goods inputs to stage 4 intermediate demand. . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9415 131.303 130.720 128.383 133.379 131.264

Total goods less foods and energy inputs to stage 4 intermediate demand. . . . . . 04/10 ID5 9416 146.523 146.671 147.208 147.657 147.452

Total goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9311 135.773 133.642 133.692 137.132 137.031

Total services inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9312 145.068 145.941 146.681 146.339 146.390

Total construction inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9313 144.750 144.779 145.187 145.192 146.000

Total foods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9314 142.511 138.586 136.829 141.736 145.000

Total energy goods inputs to stage 3 intermediate demand. . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9315 128.395 119.937 119.195 128.702 126.837

Total goods less foods and energy inputs to stage 3 intermediate demand. . . . . . 04/10 ID5 9316 139.837 140.256 141.242 142.399 141.556

Total goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9211 116.144 112.208 114.103 113.030 109.526

Total services inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9212 146.845 147.485 148.327 149.202 149.192

Total construction inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9213 144.750 144.779 145.187 145.192 146.000

Total foods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9214 159.358 155.820 148.522 140.141 138.113

Total energy goods inputs to stage 2 intermediate demand. . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9215 89.024 82.552 87.580 86.334 80.729

Total goods less foods and energy inputs to stage 2 intermediate demand. . . . . . 04/10 ID5 9216 134.158 133.786 133.054 133.559 132.701

Total goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9111 129.880 128.970 128.714 130.490 129.538

See footnotes at end of table.

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Table 3. Producer price indexes for Final Demand-Intermediate Demand groupings, seasonally

adjusted — Continued

[March 2024, Index base Nov. 2009=100, unless otherwise indicated]

Grouping

Other

index

base

Commodity

code Seasonally adjusted index1

Group

code

Item

code

Nov.

2023

Dec.

2023p

Jan.

2024p

Feb.

2024p

Mar.

2024p

Total services inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9112 147.025 147.509 148.890 148.098 148.787

Total construction inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9117 144.750 144.779 145.187 145.192 146.000

Total foods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9114 133.618 132.272 127.296 122.976 124.030

Total energy goods inputs to stage 1 intermediate demand. . . . . . . . . . . . . . . . . . . . . 04/10 ID5 9115 136.914 131.337 130.157 138.536 136.937

Total goods less foods and energy inputs to stage 1 intermediate demand. . . . . . 04/10 ID5 9116 126.417 126.700 127.027 127.605 126.671

1 All indexes are subject to revision for 4 months after their originally scheduled publication to incorporate late reports and corrections by survey respondents. In addition, seasonally

adjusted indexes are subject to change for up to 5 years due to the recalculation of seasonal factors published each January.

2 PPI defines Total finished as including only the personal consumption and private capital investment portions of final demand.

3 Trade indexes measure changes in margins received by wholesalers and retailers.

4 The PPI definition of foods does not include food and beverages for immediate consumption. PPI defines food and beverages for immediate consumption as the service of preparing

meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption.

5 Distributive services include transportation, warehousing, and trade of goods.

6

Includes intermediate trade, transportation, and warehousing services.

7

Includes crude petroleum.

8 Excludes crude petroleum.

p Preliminary

′′-′′ Data not available.

34