Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released April Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis):

  • Farm products increased 1.5 % in the last month and decreased 5.1% in the last twelve months
  • Processed foods + feeds rose 0.7% from March and increased 4.5% since April 2022
  • Textile products + apparel increased 0.3% in the last month and rose by 4.7% in the last twelve months
  • Fuels, related products + power decreased 3.8% since March and decreased by 9.5% from April 2022
  • Chemicals + allied products rose 0.2% in the last month and fell 0.9% in the last twelve months
  • Rubber + plastic products decreased 0.8% from March and increased 3.6% since April 2022
  • Lumber + wood products decreased 0.5% in the last month and fell 18.1% in the last twelve months
  • Pulp, paper + allied products fell 0.1% since March and rose 3.9% from April 2022
  • Metals + metal products increased 0.7% in the last month and decreased 5.7% in the last twelve months
  • Machinery + equipment rose 0.4% from March and increased 7.5% since April 2022
  • Furniture + household durables saw no change in the last month and rose 6.5% in the last twelve months
  • Nonmetallic mineral products increased 0.3% since March and rose 11.8% from April 2022
  • Transportation equipment rose 0.2% in the last month and increased 3.9% in the last twelve months
  • Miscellaneous products increased 0.4% from March and rose by 6.9% since April 2022

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through April 2023

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through April 2023

 PPI CodeBLS PPI Category Description1M 4/23YTD 4/231YR 4/233YR 4/23%5Y 4/2310YR 4/2320Y 4/23
01FARM PRODUCTS1.5%-5.3%-5.1%19.8%8.7%2.3%4.3%
011Fruits & melons, fresh/dry vegs. & nuts-0.7%-16.3%-0.5%14.0%8.9%5.1%4.5%
012Grains-8.2%0.5%-14.9%26.1%12.2%0.7%5.3%
013Slaughter livestock4.1%11.5%7.3%17.5%7.9%2.4%3.9%
014Slaughter poultry5.9%9.8%-7.7%42.0%7.3%3.5%5.8%
015Raw cotton-5.1%-5.0%-31.7%18.0%0.7%0.3%1.8%
016Raw milk-7.8%-12.7%-13.4%8.0%7.6%1.0%3.4%
017Chicken eggs38.0%-56.4%143.3%20.0%8.4%8.3%5.6%
018Hay, hayseeds and oilseeds-3.5%-3.2%-7.7%18.7%7.5%0.7%4.4%
02PROCESSED FOODS AND FEEDS0.7%-0.2%4.5%7.3%4.5%2.3%3.1%
021Cereal and bakery products-0.1%1.7%10.2%8.4%5.5%2.8%3.4%
022Meats, poultry, and fish3.3%1.6%-2.9%6.5%3.9%2.2%2.9%
023Dairy products-2.9%-6.4%-3.3%5.9%3.9%1.6%2.7%
024Processed fruits and vegetables0.6%3.1%18.9%9.4%5.9%3.5%3.7%
025Sugar and confectionery0.8%4.6%9.7%5.4%3.7%1.9%2.9%
026Beverages and beverage materials-0.1%2.9%9.1%5.6%4.0%2.5%2.6%
027Fats and oils-3.9%-14.3%-12.8%15.0%7.2%2.4%4.6%
028Miscellaneous processed foods1.2%-0.7%14.1%8.3%5.1%3.1%3.0%
029Prepared animal feeds0.9%-1.2%5.6%9.9%5.0%1.2%4.4%
03TEXTILE PRODUCTS AND APPAREL0.3%-0.7%4.7%7.5%4.6%2.6%2.2%
031Synthetic fibers0.3%2.6%7.6%9.4%5.4%3.0%2.3%
032Processed yarns and threads-0.2%-6.6%-4.9%8.9%4.6%2.3%2.8%
033Greige fabrics1.1%0.9%2.8%7.6%4.2%2.0%2.3%
034Finished fabrics0.2%0.2%5.3%8.4%5.6%3.1%2.7%
038Apparel & other fabricated textile prods0.4%0.8%5.9%4.2%2.9%2.1%1.7%
039Miscellaneous textile products/services0.3%-9.9%12.5%14.7%6.4%2.7%2.6%
04HIDES, SKINS, LEATHER, AND RELATED PRODUCTS0.3%1.5%0.9%5.5%-0.7%-2.0%0.5%
041Hides and skins, incl. cattle0.9%1.2%-11.7%6.4%-9.1%-9.5%-2.6%
042Leather1.2%1.3%-4.8%8.1%-1.4%-3.3%-0.4%
043Footwear-0.4%1.4%10.1%6.1%4.3%3.1%2.7%
044Other leather and related products0.0%1.8%4.4%3.2%2.3%2.3%1.9%
05FUELS AND RELATED PRODUCTS AND POWER-3.8%-2.9%-9.5%26.1%6.1%1.1%3.9%
051Coal1.5%4.1%19.5%16.3%8.2%3.3%5.5%
053Gas fuels-6.0%-58.0%-41.6%28.3%0.4%-5.5%-2.5%
055Utility natural gas-6.8%-14.2%12.9%16.0%7.1%3.4%2.3%
056Crude petroleum (domestic production)-12.7%9.8%-29.3%71.5%3.7%-2.0%5.5%
057Petroleum products, refined-3.2%7.3%-15.9%48.1%8.1%0.3%6.0%
058Asphalt and other petroleum and coal products, n.e.c.-2.9%3.9%-7.1%20.0%6.7%1.5%7.8%
06CHEMICALS AND ALLIED PRODUCTS0.2%-0.1%-0.9%9.4%4.3%2.4%4.0%
061Industrial chemicals0.8%-0.7%-7.1%15.7%4.3%0.6%4.3%
062Paints and allied products-0.9%-1.1%11.3%11.1%7.8%3.9%4.4%
063Drugs and pharmaceuticals0.3%2.7%2.8%2.4%2.6%4.2%4.5%
064Fats and oils, inedible-2.9%-12.3%-14.8%21.0%10.0%0.4%5.6%
065Agricultural chemicals and chemical products-2.4%-16.6%-5.2%16.4%7.5%2.5%4.3%
066Plastic resins and materials1.0%3.9%-5.5%11.6%3.9%1.7%3.1%
067Other chemicals and allied products0.1%2.5%9.5%7.3%4.8%3.0%3.0%
07RUBBER AND PLASTIC PRODUCTS-0.8%-0.7%3.6%9.4%5.6%3.1%3.4%
071Rubber and rubber products0.1%1.3%7.2%7.6%4.5%1.9%3.2%
072Plastic products-1.1%-1.3%2.6%10.0%5.9%3.4%3.5%
08LUMBER AND WOOD PRODUCTS-0.5%-1.3%-18.1%8.6%4.4%3.3%2.8%
081Lumber-1.3%-0.2%-40.8%8.4%2.0%2.2%2.2%
082Millwork-0.6%-1.4%-1.1%10.0%6.8%4.7%3.5%
083Plywood-1.2%-4.7%-26.1%11.8%3.5%3.2%3.3%
084Other wood products-0.9%-2.1%-6.4%7.2%5.5%3.8%2.7%
085Logs, bolts, timber, pulpwood, woodchips and other roundwood products-0.6%-3.1%-0.5%3.9%1.5%1.3%2.0%
086Prefabricated wood buildings & components-0.1%-2.2%-6.5%11.2%7.5%4.9%3.7%
087Treated wood and contract wood preserving4.0%5.1%-7.0%10.7%6.2%3.3%3.3%
09PULP,PAPER, AND ALLIED PRODUCTS-0.1%-0.5%3.9%8.8%5.3%3.0%2.9%
091Pulp, paper, and prod., ex. bldg. paper-0.6%-0.9%5.0%8.8%5.0%3.0%3.1%
092Building paper & building board mill prods.-0.6%-12.1%-47.1%10.6%4.4%2.0%3.7%
094Publications, printed matter & printing material1.3%2.0%10.6%8.8%6.3%3.3%
10METALS AND METAL PRODUCTS0.7%2.9%-5.7%13.7%7.4%4.0%4.6%
101Iron and steel2.3%6.2%-13.8%19.3%8.2%4.3%5.4%
102Nonferrous metals-0.7%2.4%-8.4%11.2%6.2%3.1%5.3%
103Metal containers0.0%-1.5%2.6%12.5%7.8%4.3%3.8%
104Hardware0.3%0.9%4.1%7.9%5.6%3.4%3.1%
105Plumbing fixtures and fittings0.0%1.1%7.1%5.3%4.4%3.3%3.1%
106Heating equipment0.8%1.4%8.0%11.0%8.4%5.0%4.4%
107Fabricated structural metal products1.3%1.5%2.8%15.5%9.8%5.6%4.7%
108Miscellaneous metal products-0.5%1.4%5.0%8.0%5.6%2.9%2.8%
11MACHINERY AND EQUIPMENT0.4%2.3%7.5%6.2%4.5%2.5%1.8%
111Agricultural machinery and equipment0.3%0.2%9.0%9.1%6.7%3.9%3.5%
112Construction machinery and equipment0.1%4.4%11.9%7.7%6.2%3.5%3.3%
113Metalworking machinery and equipment0.6%2.5%7.7%6.1%4.3%2.7%2.3%
114General purpose machinery and equipment0.6%3.4%9.9%9.2%6.6%4.1%3.8%
115Electronic computers and computer equipment-0.4%1.0%1.8%2.9%0.5%-1.1%-4.0%
116Special industry machinery and equipment0.6%3.1%8.6%9.0%6.1%3.6%2.6%
117Electrical machinery and equipment0.1%1.0%5.0%4.4%3.2%1.6%0.7%
118Miscellaneous instruments0.7%3.5%8.1%5.6%4.1%2.9%2.3%
119Miscellaneous machinery0.3%2.6%7.5%4.5%3.4%1.9%2.2%
12FURNITURE AND HOUSEHOLD DURABLES0.0%0.5%6.5%6.9%5.0%3.1%2.5%
121Household furniture0.4%0.6%6.2%7.4%5.0%3.3%2.8%
122Commercial furniture0.4%0.6%8.6%8.8%6.8%4.2%3.3%
123Floor coverings0.4%-1.1%5.1%2.2%1.8%1.6%2.4%
124Household appliances-1.1%0.4%5.4%6.0%4.5%2.4%1.8%
125Home electronic equipment-0.1%1.1%4.1%5.7%3.7%2.1%-0.4%
126Other household durable goods0.1%1.5%5.8%6.7%4.4%2.7%2.2%
13NONMETALIC MINERAL PRODUCTS0.3%3.8%11.8%8.3%5.8%4.2%4.0%
131Glass-1.5%2.2%9.8%6.8%4.5%3.7%2.1%
132Concrete ingredients and related products0.5%7.2%12.7%7.9%6.3%5.1%4.6%
133Concrete products0.9%4.1%14.9%9.0%6.3%5.1%4.4%
134Clay construction products ex. refractories0.7%1.3%9.4%5.7%3.8%2.6%1.9%
135Refractories-0.4%1.6%7.8%6.5%5.7%3.5%4.1%
136Asphalt felts and coatings0.1%-0.8%3.7%10.0%6.9%3.4%5.4%
137Gypsum products-0.1%0.6%10.8%13.3%5.9%5.5%5.0%
138Glass containers0.0%9.2%11.9%9.3%6.7%3.9%3.5%
139Other nonmetallic minerals0.5%3.6%12.3%7.7%5.1%3.0%3.9%
14TRANSPORTATION EQUIPMENT0.2%0.9%3.9%3.5%2.4%1.7%1.7%
141Motor vehicles and equipment0.1%0.4%3.9%3.7%2.4%1.7%1.4%
142Aircraft and aircraft equipment0.4%2.2%4.3%2.9%2.3%1.7%2.4%
143Ships and boats-0.1%0.3%3.3%3.9%3.1%2.2%2.7%
144Railroad equipment0.2%0.9%1.4%1.7%1.2%0.9%2.3%
149Transportation equipment, n.e.c.-0.2%2.1%2.7%5.7%4.1%2.5%2.0%
15MISCELLANEOUS PRODUCTS0.4%1.8%6.9%6.2%5.0%3.4%3.2%
151Toys, sporting goods, small arms, etc.0.0%1.2%8.2%7.6%5.2%3.0%2.2%
152Tobacco products, incl. stemmed & redried0.0%3.5%12.0%9.0%7.6%6.5%5.4%
153Notions0.0%1.6%3.9%7.0%4.8%3.1%3.5%
154Photographic equipment and supplies1.9%3.3%9.1%5.3%4.9%2.6%2.3%
155Mobile homes0.1%-1.9%-3.1%13.6%10.5%6.5%5.4%
156Medical, surgical & personal aid devices0.5%1.2%3.7%2.2%1.9%1.2%1.2%
157Other industrial safety equipment0.6%1.3%11.6%7.2%5.4%2.9%2.2%
159Other miscellaneous products0.7%1.4%5.7%8.4%6.7%3.4%2.9%
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