Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released March 2022 Producer Price Index (PPI) today. Farm products rose 8.6% in the last month and increased 35.6% in the last twelve months. Processed foods + feeds rose 2.0% from February 2022 and increased 13.7% since March 2021. Textile products + apparel increased 0.5% in the last month and rose by 15.1% in the last twelve months. Hides, skins, leather + related products increased 1.0% from February 2022 and rose 1.4% since March 2021. Fuels, related products + power rose 4.2% in the last month and increased 36.0% in the last twelve months. Chemicals + allied products increased 1.7% from February 2022 and rose by 14.6% since March 2021. Rubber + plastic products increased 1.1% in the last month and rose 22.0% in the last twelve months. Lumber + wood products increased 3.6% from February 2022 and increased 19.6% since March 2021. Pulp, paper + allied products rose 2.7% in the last month and increased 18.2% in the last twelve months. Metals + metal products rose 2.2% since February 2022 and increased 28.8% from March 2021. Machinery + equipment rose 0.9% in the last month and increased 9.8% in the last twelve months. Furniture + household durables increased 0.8% from February 2022 and rose 12.6% since March 2021. Nonmetallic metal products rose 0.5% in the last month and increased 10.8% in the last twelve months. Transportation equipment increased 0.6% since February 2022 and rose 4.8% from March 2021. Miscellaneous products rose 0.8% in the last month and increased 8.8% in the last twelve months.

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through March 2022

 

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through March 2022

 PPI CodeBLS PPI Category Description1M 03/22YTD 03/221Y 03/223Y 03/225Y 03/2210Y 03/2220Y 03/22
01FARM PRODUCTS8.6%17.2%35.6%15.8%8.7%2.6%4.4%
011Fruits & melons, fresh/dry vegs. & nuts12.1%10.4%40.1%6.3%5.6%4.9%2.7%
012Grains16.2%22.4%40.1%28.7%17.3%1.9%6.8%
013Slaughter livestock0.7%12.4%22.1%8.3%3.5%1.2%3.5%
014Slaughter poultry17.9%18.6%76.1%19.0%9.5%4.9%6.2%
015Raw cotton-1.5%11.3%48.1%19.4%9.3%2.0%6.4%
016Raw milk5.4%18.9%50.0%12.6%5.7%2.9%3.1%
017Chicken eggs-6.8%0.8%11.6%23.1%16.2%4.3%4.0%
018Hay, hayseeds and oilseeds6.3%27.6%18.2%23.2%12.3%2.1%6.0%
02PROCESSED FOODS AND FEEDS2.0%5.5%13.7%6.5%4.1%2.2%3.1%
021Cereal and bakery products1.9%6.1%13.7%5.2%4.0%2.0%3.0%
022Meats, poultry, and fish1.7%3.1%16.4%9.2%5.3%2.8%3.3%
023Dairy products3.6%9.6%20.2%6.5%3.9%2.4%2.7%
024Processed fruits and vegetables1.0%2.3%6.1%3.3%2.6%1.9%2.8%
025Sugar and confectionery1.1%3.4%8.3%2.8%2.2%0.7%2.7%
026Beverages and beverage materials0.8%3.9%7.1%3.1%2.5%1.7%2.2%
027Fats and oils6.8%17.3%51.2%22.2%10.8%3.9%7.3%
028Miscellaneous processed foods0.9%4.0%9.5%3.7%3.0%1.9%2.3%
029Prepared animal feeds3.0%10.3%12.5%9.2%5.5%2.0%4.5%
03TEXTILE PRODUCTS AND APPAREL0.5%2.7%15.1%5.6%4.2%2.2%2.0%
031Synthetic fibers-0.3%-0.3%16.9%5.1%5.0%2.2%1.9%
032Processed yarns and threads3.7%7.3%27.1%10.2%6.6%2.7%3.1%
033Greige fabrics2.0%6.2%18.5%5.4%4.1%1.3%2.0%
034Finished fabrics1.0%3.6%15.0%6.6%5.0%2.6%2.4%
038Apparel & other fabricated textile prods-1.2%0.4%7.4%2.8%2.1%1.8%1.4%
039Miscellaneous textile products/services0.3%7.1%28.0%8.4%4.7%2.5%2.2%
04HIDES, SKINS, LEATHER, AND RELATED PRODUCTS1.0%3.8%1.4%0.7%-2.3%-1.3%0.7%
041Hides and skins, incl. cattle-2.9%7.9%-15.4%-5.4%-10.9%-7.5%-1.3%
042Leather7.0%4.7%11.4%2.8%-2.8%-1.9%0.4%
043Footwear0.8%1.8%7.0%3.4%2.6%2.6%2.2%
044Other leather and related products0.6%2.4%5.3%2.1%2.1%2.2%1.7%
05FUELS AND RELATED PRODUCTS AND POWER4.2%20.0%36.0%14.6%10.6%1.7%5.6%
051Coal7.0%27.9%28.8%6.5%4.2%1.6%4.4%
053Gas fuels-20.9%0.4%29.5%23.1%14.6%2.9%4.2%
055Utility natural gas-8.9%-14.5%25.9%9.7%6.5%3.4%3.6%
056Crude petroleum (domestic production)6.0%45.6%60.2%19.5%16.4%-1.0%7.8%
057Petroleum products, refined17.4%40.0%60.5%21.9%17.1%1.1%8.4%
058Asphalt and other petroleum and coal products, n.e.c.4.6%12.4%43.4%15.1%16.2%0.4%10.2%
06CHEMICALS AND ALLIED PRODUCTS1.7%2.9%14.6%7.4%5.4%2.5%4.5%
061Industrial chemicals4.0%3.8%23.0%11.0%7.0%0.7%5.3%
062Paints and allied products0.7%7.0%19.1%8.2%6.7%2.7%4.1%
063Drugs and pharmaceuticals0.1%1.5%2.2%2.1%3.0%4.5%4.6%
064Fats and oils, inedible9.7%18.9%40.5%28.0%12.6%1.6%8.6%
065Agricultural chemicals and chemical products2.3%9.7%48.5%14.5%11.3%3.6%5.4%
066Plastic resins and materials-0.6%-3.7%9.4%9.2%5.7%2.4%4.8%
067Other chemicals and allied products0.8%3.4%10.9%4.2%3.3%2.2%2.6%
07RUBBER AND PLASTIC PRODUCTS1.1%3.8%22.0%7.8%5.5%2.8%3.4%
071Rubber and rubber products0.5%4.4%15.0%4.8%2.8%0.8%2.9%
072Plastic products1.2%3.6%24.1%8.7%6.3%3.4%3.6%
08LUMBER AND WOOD PRODUCTS3.6%16.9%19.6%15.8%10.3%6.4%3.8%
081Lumber5.7%28.9%21.4%27.3%15.8%10.2%4.8%
082Millwork1.4%8.7%21.5%11.4%8.3%5.4%3.6%
083Plywood5.6%32.7%22.4%22.1%14.5%7.6%4.5%
084Other wood products3.6%9.3%22.3%9.6%7.8%4.8%3.1%
085Logs, bolts, timber, pulpwood, woodchips and other roundwood products-0.9%3.1%4.5%3.8%2.5%1.5%2.1%
086Prefabricated wood buildings & components7.3%11.1%33.4%14.5%10.1%6.3%4.1%
087Treated wood and contract wood preserving6.5%20.8%13.9%13.2%8.5%5.5%3.3%
09PULP,PAPER, AND ALLIED PRODUCTS2.7%5.0%18.2%7.2%5.0%2.8%2.8%
091Pulp, paper, and prod., ex. bldg. paper1.2%2.5%17.5%6.2%4.4%2.6%3.0%
092Building paper & building board mill prods.24.6%45.8%46.1%38.8%20.3%12.1%7.3%
094Publications, printed matter & printing material3.4%6.5%15.6%6.4%4.5%2.4%
10METALS AND METAL PRODUCTS2.2%1.0%28.8%13.8%10.2%4.0%5.1%
101Iron and steel1.5%-7.9%37.3%18.6%13.2%4.6%6.7%
102Nonferrous metals4.4%10.8%22.3%13.9%10.3%3.3%5.7%
103Metal containers-0.5%13.2%32.6%11.3%9.0%4.0%3.7%
104Hardware0.7%1.9%17.9%7.0%5.2%3.1%2.8%
105Plumbing fixtures and fittings0.7%2.5%6.7%3.6%3.8%2.6%2.8%
106Heating equipment2.4%3.5%23.0%9.1%7.0%4.4%4.2%
107Fabricated structural metal products1.3%3.9%37.1%13.9%10.5%5.3%4.7%
108Miscellaneous metal products1.9%3.9%15.7%6.2%5.1%2.4%2.6%
11MACHINERY AND EQUIPMENT0.9%3.4%9.8%4.0%3.2%1.8%1.3%
111Agricultural machinery and equipment0.6%3.1%16.6%6.8%5.0%3.1%3.1%
112Construction machinery and equipment-0.1%0.9%9.7%4.4%3.6%2.6%2.9%
113Metalworking machinery and equipment1.0%2.5%8.4%3.6%3.1%2.1%1.9%
114General purpose machinery and equipment1.5%5.5%14.3%6.1%5.0%3.3%3.3%
115Electronic computers and computer equipment1.0%4.3%8.3%1.0%0.1%-2.0%-4.7%
116Special industry machinery and equipment1.4%5.0%16.5%6.7%4.6%2.7%2.2%
117Electrical machinery and equipment0.8%2.9%7.8%3.1%2.3%1.1%0.4%
118Miscellaneous instruments1.0%4.4%7.5%3.2%2.7%2.2%1.9%
119Miscellaneous machinery0.4%1.4%5.1%2.3%2.1%1.2%1.9%
12FURNITURE AND HOUSEHOLD DURABLES0.8%2.4%12.6%5.3%4.3%2.5%2.2%
121Household furniture1.5%2.4%15.4%6.1%4.7%3.0%2.6%
122Commercial furniture1.3%4.9%15.5%7.2%5.6%3.4%2.9%
123Floor coverings0.9%-5.0%1.4%0.3%1.9%1.2%2.2%
124Household appliances0.9%1.7%9.8%3.8%3.7%1.8%1.4%
125Home electronic equipment1.7%3.9%13.1%5.1%3.0%1.3%-0.7%
126Other household durable goods-1.6%3.3%13.8%5.3%3.8%2.4%1.9%
13NONMETALIC MINERAL PRODUCTS0.5%5.2%10.8%5.2%4.3%3.4%3.6%
131Glass-0.3%2.0%8.1%4.1%3.4%3.0%1.6%
132Concrete ingredients and related products0.5%5.8%8.2%5.1%4.5%4.1%4.1%
133Concrete products0.4%3.2%10.6%5.5%4.5%3.9%3.7%
134Clay construction products ex. refractories0.7%2.2%7.2%3.6%2.6%1.9%1.6%
135Refractories0.3%5.9%14.3%5.1%4.8%3.0%3.8%
136Asphalt felts and coatings1.7%10.7%20.6%9.4%7.3%3.1%5.4%
137Gypsum products1.5%5.4%21.2%8.9%6.0%6.1%4.9%
138Glass containers0.0%10.1%14.6%6.4%4.6%2.9%3.1%
139Other nonmetallic minerals0.4%5.9%9.5%3.9%3.4%2.2%3.6%
14TRANSPORTATION EQUIPMENT0.6%1.4%4.8%2.2%1.7%1.5%1.5%
141Motor vehicles and equipment0.4%1.3%5.3%2.3%1.7%1.4%1.1%
142Aircraft and aircraft equipment1.1%1.8%3.1%1.8%1.6%1.5%2.3%
143Ships and boats0.2%2.1%7.2%3.7%2.8%2.0%2.7%
144Railroad equipment0.1%-2.0%2.3%0.5%0.7%1.0%2.3%
149Transportation equipment, n.e.c.0.8%4.8%13.8%5.2%4.0%2.5%1.9%
15MISCELLANEOUS PRODUCTS0.8%3.8%8.8%4.9%4.3%3.0%2.8%
151Toys, sporting goods, small arms, etc.0.1%5.0%12.3%5.8%4.0%2.4%1.9%
152Tobacco products, incl. stemmed & redried0.3%2.6%7.8%6.6%6.8%5.7%4.5%
153Notions3.0%2.7%13.4%5.7%4.0%2.5%3.3%
154Photographic equipment and supplies0.0%1.5%7.6%4.6%3.3%1.8%1.6%
155Mobile homes3.2%8.3%32.7%18.8%12.6%7.5%5.7%
156Medical, surgical & personal aid devices0.3%2.4%3.9%1.9%1.6%1.1%1.2%
157Other industrial safety equipment0.0%0.7%7.5%3.6%2.1%2.0%1.7%
159Other miscellaneous products2.6%8.0%15.3%6.4%5.5%2.9%2.7%

 

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