Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released October 2022 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis):

  • Farm products increased 0.1% in the last month and rose by 26.7% in the last twelve months
  • Processed foods + feeds decreased 0.8% since September 2022 and increased 9.5% from October 2021
  • Textile products + apparel rose 0.3% in the last month and increased 12.9% in the last twelve months
  • Fuels, related products + power rose 1.8% from September 2022 and increased 36.6% since October 2021
  • Chemicals + allied products decreased by 0.5% in the last month and rose 6.4% in the last twelve months
  • Rubber + plastic products decreased 0.2% since September 2022 and increased 14.3% from October 2021
  • Lumber + wood products decreased 2.5% in the last month and rose 10.3% in the last twelve months
  • Pulp, paper + allied products rose 0.1% from September 2022 and increased 12.8% since October 2021
  • Metals + metal products decreased 2.3% in the last month and saw no change in the last twelve months
  • Machinery + equipment increased 0.3% since September 2022 and rose by 10.1% from October 2021
  • Furniture + household products rose 0.5% in the last month and increased 9.3% in the last twelve months
  • Nonmetallic mineral products rose 0.3% from September 2022 and increased by 13.8% since October 2021
  • Transportation equipment increased 0.1% in the last month and rose 5.1% in the last twelve months
  • Miscellaneous products rose by 0.3% since September 2022 and increased 9.0% from October 2021

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

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

 PPI CodeBLS PPI Category Description1M 10/22YTD 10/221Y 10/223Y 10/225Y 10/2210Y 10/2220Y 10/22
01FARM PRODUCTS0.1%17.1%26.7%15.8%9.7%2.2%4.7%
011Fruits & melons, fresh/dry vegs. & nuts14.5%29.5%36.4%12.3%7.8%7.2%5.0%
012Grains-3.5%13.8%28.8%22.2%16.8%0.0%5.0%
013Slaughter livestock-4.0%9.4%10.9%9.7%5.9%1.3%4.1%
014Slaughter poultry-0.3%4.2%22.0%19.2%9.7%4.8%5.8%
015Raw cotton-15.2%-12.0%-9.9%15.2%6.5%2.2%4.2%
016Raw milk0.0%22.4%37.4%9.6%6.9%1.3%3.6%
017Chicken eggs21.7%123.5%204.2%64.8%20.7%10.8%9.1%
018Hay, hayseeds and oilseeds-7.4%11.6%15.5%15.4%9.1%-0.3%4.7%
02PROCESSED FOODS AND FEEDS-0.8%9.3%9.5%7.3%4.8%2.2%3.3%
021Cereal and bakery products1.3%14.3%15.4%7.8%5.3%2.6%3.3%
022Meats, poultry, and fish-5.3%-1.6%-4.2%6.7%4.3%2.3%3.4%
023Dairy products1.0%14.4%17.7%6.5%4.4%2.0%3.0%
024Processed fruits and vegetables1.3%15.8%17.6%7.7%5.1%3.1%3.4%
025Sugar and confectionery1.2%9.8%9.9%4.0%3.2%1.5%2.9%
026Beverages and beverage materials0.4%9.4%10.4%4.9%3.5%2.1%2.4%
027Fats and oils-0.4%7.2%11.8%20.7%10.2%3.1%6.1%
028Miscellaneous processed foods1.1%17.0%16.9%7.3%4.8%2.7%2.8%
029Prepared animal feeds0.1%14.9%15.9%11.9%7.5%0.6%4.4%
03TEXTILE PRODUCTS AND APPAREL0.3%8.3%12.9%7.6%5.2%2.8%2.3%
031Synthetic fibers0.9%5.7%7.5%6.8%5.6%2.8%2.1%
032Processed yarns and threads-0.5%10.7%27.1%13.7%8.9%3.9%3.6%
033Greige fabrics0.1%11.6%15.3%7.6%4.8%2.1%2.2%
034Finished fabrics0.1%8.9%12.1%8.3%5.8%3.2%2.7%
038Apparel & other fabricated textile prods0.4%4.5%7.3%3.7%2.7%2.1%1.6%
039Miscellaneous textile products/services2.0%28.2%37.5%16.7%8.0%3.7%3.0%
04HIDES, SKINS, LEATHER, AND RELATED PRODUCTS0.0%5.5%-8.4%1.7%-1.1%-1.5%0.4%
041Hides and skins, incl. cattle0.0%3.8%-35.1%-4.7%-9.4%-8.5%-2.6%
042Leather0.4%0.1%-13.0%4.0%-0.9%-2.4%0.0%
043Footwear-0.2%11.3%10.0%4.2%3.3%2.9%2.5%
044Other leather and related products0.0%4.2%5.0%2.7%2.3%2.3%1.8%
05FUELS AND RELATED PRODUCTS AND POWER1.8%27.9%36.6%20.2%11.4%2.8%5.7%
051Coal0.0%70.6%53.5%13.9%8.7%3.5%5.7%
053Gas fuels5.2%6.5%93.5%67.2%24.6%9.3%6.3%
055Utility natural gas2.3%4.3%33.7%21.9%11.2%6.2%4.8%
056Crude petroleum (domestic production)-2.8%32.3%31.1%16.7%13.3%-1.2%6.1%
057Petroleum products, refined2.8%47.3%40.6%23.4%13.8%1.0%7.3%
058Asphalt and other petroleum and coal products, n.e.c.-4.3%9.7%44.1%18.1%16.3%2.4%9.2%
06CHEMICALS AND ALLIED PRODUCTS-0.5%4.4%6.4%9.3%5.9%3.0%4.5%
061Industrial chemicals-1.5%2.7%4.1%14.4%7.6%1.8%5.2%
062Paints and allied products0.1%18.6%21.4%11.0%8.6%3.6%4.4%
063Drugs and pharmaceuticals-0.3%1.9%2.4%2.1%2.8%4.4%4.5%
064Fats and oils, inedible-1.2%14.6%8.0%26.9%11.2%1.2%7.1%
065Agricultural chemicals and chemical products2.8%17.0%30.8%20.6%13.2%4.2%5.6%
066Plastic resins and materials-0.8%-4.5%-3.1%11.1%6.1%2.7%4.1%
067Other chemicals and allied products-0.1%9.7%13.4%6.1%4.4%2.7%2.9%
07RUBBER AND PLASTIC PRODUCTS-0.2%8.7%14.3%9.8%6.5%3.4%3.6%
071Rubber and rubber products0.1%11.3%12.7%7.2%4.8%1.7%3.2%
072Plastic products-0.3%8.0%14.8%10.6%6.9%3.9%3.7%
08LUMBER AND WOOD PRODUCTS-2.5%-0.7%10.3%11.1%6.9%4.7%3.2%
081Lumber-6.1%-17.9%6.5%12.0%5.8%5.2%2.8%
082Millwork-1.4%9.5%14.9%12.3%8.4%5.5%3.7%
083Plywood-1.2%6.2%14.7%17.3%9.0%4.8%3.7%
084Other wood products-0.3%5.2%7.7%9.8%7.6%4.7%3.1%
085Logs, bolts, timber, pulpwood, woodchips and other roundwood products-0.4%4.3%3.0%5.0%3.2%1.8%2.2%
086Prefabricated wood buildings & components-3.9%7.0%13.8%13.1%9.1%5.7%3.9%
087Treated wood and contract wood preserving-1.6%9.5%22.1%9.5%7.3%4.4%3.2%
09PULP,PAPER, AND ALLIED PRODUCTS0.1%8.5%12.8%9.2%5.5%3.3%3.0%
091Pulp, paper, and prod., ex. bldg. paper-0.1%7.8%12.5%9.4%5.3%3.4%3.2%
092Building paper & building board mill prods.2.9%-5.3%-6.5%22.1%9.5%5.9%5.1%
094Publications, printed matter & printing material0.5%12.7%17.4%7.7%5.6%3.0%
10METALS AND METAL PRODUCTS-2.3%-7.1%0.0%13.0%8.4%3.8%4.7%
101Iron and steel-5.1%-22.4%-12.2%18.1%10.4%4.2%5.6%
102Nonferrous metals-1.7%-4.7%-1.3%10.0%6.2%2.6%5.1%
103Metal containers0.3%17.0%27.0%12.3%9.6%4.5%4.0%
104Hardware-0.3%4.5%11.7%7.8%5.5%3.3%3.0%
105Plumbing fixtures and fittings0.6%9.0%11.1%5.3%4.8%3.2%3.0%
106Heating equipment1.2%7.3%14.5%9.7%7.6%4.6%4.4%
107Fabricated structural metal products-0.8%6.7%14.2%15.9%11.0%5.7%4.8%
108Miscellaneous metal products-0.2%7.5%10.9%6.9%5.5%2.7%2.7%
11MACHINERY AND EQUIPMENT0.3%8.2%10.1%5.3%4.0%2.2%1.6%
111Agricultural machinery and equipment0.7%12.7%16.2%9.0%6.3%3.7%3.4%
112Construction machinery and equipment0.1%8.7%13.4%6.6%5.1%3.2%3.2%
113Metalworking machinery and equipment0.2%7.2%9.5%4.8%3.8%2.4%2.1%
114General purpose machinery and equipment0.5%12.6%15.3%7.9%6.1%3.8%3.6%
115Electronic computers and computer equipment-0.6%3.2%3.7%3.0%-0.2%-1.7%-4.4%
116Special industry machinery and equipment-0.1%9.3%10.0%7.4%5.3%3.1%2.4%
117Electrical machinery and equipment0.2%6.2%7.8%3.9%3.0%1.5%0.6%
118Miscellaneous instruments0.2%7.8%9.2%4.2%3.3%2.4%2.1%
119Miscellaneous machinery0.3%6.1%6.6%3.1%2.8%1.5%2.0%
12FURNITURE AND HOUSEHOLD DURABLES0.5%6.9%9.3%6.7%5.1%2.9%2.4%
121Household furniture0.0%6.6%10.0%7.5%5.5%3.3%2.8%
122Commercial furniture-0.5%10.8%12.0%8.2%6.4%3.8%3.2%
123Floor coverings2.6%-0.8%2.0%2.5%2.5%1.6%2.4%
124Household appliances-0.2%7.9%10.5%6.6%5.0%2.3%1.8%
125Home electronic equipment2.5%7.0%9.0%5.4%3.6%1.7%-0.6%
126Other household durable goods2.1%4.0%6.6%5.9%4.1%2.5%2.0%
13NONMETALIC MINERAL PRODUCTS0.3%12.4%13.8%7.1%5.5%4.0%3.9%
131Glass-0.5%7.6%8.9%5.4%4.3%3.2%1.8%
132Concrete ingredients and related products0.5%12.4%11.9%6.5%5.3%4.6%4.3%
133Concrete products0.4%12.5%15.4%7.5%6.0%4.7%4.1%
134Clay construction products ex. refractories1.9%7.8%7.2%4.4%3.3%2.3%1.7%
135Refractories0.6%10.1%11.1%6.2%5.6%3.3%4.0%
136Asphalt felts and coatings0.6%16.2%14.9%10.5%8.0%3.4%5.6%
137Gypsum products0.2%16.2%18.6%13.4%7.5%7.1%5.1%
138Glass containers0.0%10.9%12.4%6.5%4.8%3.0%3.1%
139Other nonmetallic minerals0.1%13.3%15.1%6.5%5.0%2.8%3.8%
14TRANSPORTATION EQUIPMENT0.1%4.2%5.1%3.1%2.3%1.7%1.7%
141Motor vehicles and equipment0.1%4.5%5.3%3.4%2.4%1.7%1.4%
142Aircraft and aircraft equipment0.3%3.9%4.3%2.3%1.9%1.6%2.4%
143Ships and boats-0.4%4.8%6.1%3.8%3.1%2.2%2.8%
144Railroad equipment0.4%-1.2%3.1%1.5%0.8%1.1%2.3%
149Transportation equipment, n.e.c.0.0%5.9%9.9%5.4%4.1%2.5%1.9%
15MISCELLANEOUS PRODUCTS0.3%7.4%9.0%5.7%4.7%3.3%2.9%
151Toys, sporting goods, small arms, etc.-1.3%8.2%9.7%6.3%4.5%2.6%2.0%
152Tobacco products, incl. stemmed & redried0.7%9.0%10.7%8.4%7.7%6.1%4.7%
153Notions0.0%6.4%13.5%6.8%4.2%3.0%3.4%
154Photographic equipment and supplies0.0%4.1%10.3%5.1%4.6%2.5%2.2%
155Mobile homes0.9%7.1%15.0%15.3%11.7%7.3%5.6%
156Medical, surgical & personal aid devices0.0%3.6%3.8%2.1%1.7%1.2%1.3%
157Other industrial safety equipment0.0%11.4%9.2%5.8%4.1%2.6%2.0%
159Other miscellaneous products1.3%12.0%14.9%7.4%6.0%3.3%2.8%
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