Jamie Pentagulio

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

  • Farm products rose 0.3% in the last month and decreased 10.8% in the last twelve months
  • Processed foods + feeds increased 0.9% from August and rose 0.6% since September 2022
  • Textile products + apparel rose by 0.9% in the last month and fell 1.8% in the last twelve months
  • Fuels, related products + power increased 2.5% since August and decreased by 11.9% from September 2022
  • Chemicals + allied products rose 0.4% in the last month and fell 6.5% in the last twelve months
  • Rubber + plastic products decreased by 0.2% from August and fell by 3.1% since September 2022
  • Lumber + wood products decreased 0.2% in the last month and fell 7.8% in the last twelve months
  • Pulp, paper + allied products increased 0.1% since August and fell 1.0% from September 2022
  • Metals + metal products fell 1.1% in the last month and decreased 3.0% in the last twelve months
  • Machinery + equipment saw no change from August and increased 4.4% since September 2022
  • Furniture + household durables rose 0.1% in the last month and increased 2.4% in the last twelve months
  • Nonmetallic mineral products increased 0.5% since August and increased 5.9% from September 2022
  • Transportation equipment rose 0.1% in the last month and increased 2.1% in the last twelve months
  • Miscellaneous products rose 0.3% from August and increased 5.4% since September 2022

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

 

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

 PPI CodeBLS PPI Category Description1M 9/23YTD 9/231YR 9/233YR 9/235Y 9/2310YR 9/2320Y 9/23
01FARM PRODUCTS0.3%-15.4%-10.8%11.7%6.3%1.6%3.2%
011Fruits & melons, fresh/dry vegs. & nuts-6.3%-32.6%-14.8%0.2%3.1%2.0%3.1%
012Grains-6.9%-26.9%-32.5%10.8%7.3%-0.2%3.6%
013Slaughter livestock-2.2%23.7%20.6%19.2%8.9%3.2%3.7%
014Slaughter poultry3.8%-11.6%-10.1%21.9%2.0%2.9%4.0%
015Raw cotton1.6%-2.8%-25.3%10.5%-0.2%0.4%1.9%
016Raw milk34.2%-6.6%-4.5%6.7%7.4%1.4%2.5%
017Chicken eggs7.4%-71.0%-45.0%19.1%2.8%2.2%2.3%
018Hay, hayseeds and oilseeds-0.2%-13.3%-14.2%10.8%8.7%-0.1%4.0%
02PROCESSED FOODS AND FEEDS0.9%1.1%0.6%8.0%4.9%2.3%3.0%
021Cereal and bakery products0.3%2.1%4.3%8.7%5.6%2.9%3.4%
022Meats, poultry, and fish2.2%6.7%-0.6%9.5%5.2%2.4%2.9%
023Dairy products2.2%-6.7%-6.7%4.1%3.5%1.4%2.2%
024Processed fruits and vegetables3.0%9.1%12.9%11.1%6.9%4.2%4.0%
025Sugar and confectionery-0.9%6.6%6.8%6.4%4.2%2.2%3.0%
026Beverages and beverage materials-0.3%4.2%5.7%6.3%4.4%2.7%2.7%
027Fats and oils0.3%-16.4%-14.9%12.9%7.4%2.4%4.2%
028Miscellaneous processed foods0.1%-2.6%2.2%7.4%4.9%2.8%2.8%
029Prepared animal feeds-0.2%-2.4%-3.9%10.0%5.0%0.6%4.1%
03TEXTILE PRODUCTS AND APPAREL0.9%-1.1%-1.8%7.3%4.3%2.5%2.2%
031Synthetic fibers2.3%-0.5%0.8%8.8%4.5%2.7%2.1%
032Processed yarns and threads0.3%-6.9%-14.5%9.2%4.2%2.3%2.7%
033Greige fabrics0.5%-0.1%-2.3%7.6%3.9%1.8%2.2%
034Finished fabrics0.2%-1.1%-1.5%7.3%5.3%3.0%2.6%
038Apparel & other fabricated textile prods1.3%2.2%3.2%4.9%3.1%2.2%1.8%
039Miscellaneous textile products/services0.3%-9.0%-7.0%14.6%6.0%2.9%2.6%
04HIDES, SKINS, LEATHER, AND RELATED PRODUCTS-0.1%2.0%2.7%7.1%0.2%-1.9%0.5%
041Hides and skins, incl. cattle-0.5%-1.4%-2.3%13.1%-8.0%-9.7%-2.7%
042Leather-0.1%1.2%-1.7%9.0%0.4%-3.3%-0.3%
043Footwear0.0%1.4%5.8%6.1%4.2%3.0%2.7%
044Other leather and related products0.0%4.9%5.1%4.1%2.9%2.4%2.0%
05FUELS AND RELATED PRODUCTS AND POWER2.5%5.1%-11.9%20.2%6.0%1.6%4.1%
051Coal-0.2%1.8%-1.9%15.6%7.6%3.3%5.5%
053Gas fuels7.4%-54.9%-68.3%12.8%-1.7%-4.2%-2.3%
055Utility natural gas-0.7%-16.7%-19.8%11.6%6.5%3.4%2.2%
056Crude petroleum (domestic production)9.1%20.2%-1.4%37.8%3.2%-2.1%6.0%
057Petroleum products, refined2.4%18.8%-6.1%32.7%8.3%1.2%6.4%
058Asphalt and other petroleum and coal products, n.e.c.6.4%-3.4%-22.8%16.8%2.4%0.7%7.9%
06CHEMICALS AND ALLIED PRODUCTS0.4%-3.4%-6.5%7.3%3.2%2.2%3.9%
061Industrial chemicals1.1%-6.9%-14.4%10.6%2.1%0.2%4.0%
062Paints and allied products0.6%-1.1%0.9%10.5%7.5%3.9%4.4%
063Drugs and pharmaceuticals-0.1%3.1%3.3%2.5%2.6%4.2%4.5%
064Fats and oils, inedible1.2%-6.4%-8.9%19.8%13.9%2.2%6.0%
065Agricultural chemicals and chemical products1.7%-26.9%-24.1%10.5%4.7%2.1%3.7%
066Plastic resins and materials0.6%-3.7%-12.1%7.2%2.0%0.9%3.2%
067Other chemicals and allied products-0.4%2.5%3.4%7.5%4.6%3.0%3.0%
07RUBBER AND PLASTIC PRODUCTS-0.2%-2.4%-3.1%9.0%5.2%2.9%3.3%
071Rubber and rubber products0.1%0.1%-0.4%7.5%4.2%2.1%3.1%
072Plastic products-0.3%-3.1%-3.8%9.5%5.4%3.2%3.4%
08LUMBER AND WOOD PRODUCTS-0.2%-3.1%-7.8%1.6%3.4%3.3%2.4%
081Lumber-0.8%-3.6%-14.0%-7.8%0.3%2.5%1.6%
082Millwork0.0%-3.3%-5.8%7.3%5.9%4.5%3.3%
083Plywood0.9%-5.9%-11.0%1.7%2.7%3.5%1.8%
084Other wood products0.1%-3.3%-7.7%6.5%4.8%3.5%2.5%
085Logs, bolts, timber, pulpwood, woodchips and other roundwood products-0.2%-3.0%-2.9%4.2%1.7%1.2%1.9%
086Prefabricated wood buildings & components-0.2%-1.0%-3.0%9.7%7.4%5.0%3.6%
087Treated wood and contract wood preserving-1.6%2.0%0.3%1.6%4.6%3.7%2.7%
09PULP,PAPER, AND ALLIED PRODUCTS0.1%-0.9%-1.0%8.4%4.9%2.9%2.8%
091Pulp, paper, and prod., ex. bldg. paper-0.4%-3.1%-3.5%8.1%4.2%2.6%3.0%
092Building paper & building board mill prods.9.3%18.5%9.7%8.9%9.3%7.3%3.7%
094Publications, printed matter & printing material0.2%2.8%4.3%9.1%6.2%3.4%
10METALS AND METAL PRODUCTS-1.1%-0.6%-3.0%11.4%6.2%3.8%4.4%
101Iron and steel-3.1%-0.6%-8.0%16.8%5.9%3.8%5.0%
102Nonferrous metals-0.2%-2.7%-1.5%5.9%5.1%2.9%4.8%
103Metal containers0.0%-3.3%-3.9%12.0%7.0%4.1%3.7%
104Hardware-0.1%1.5%2.1%7.9%5.6%3.4%3.1%
105Plumbing fixtures and fittings0.0%1.2%1.1%5.0%4.5%3.1%3.0%
106Heating equipment-0.6%1.2%4.7%11.0%7.6%4.8%4.4%
107Fabricated structural metal products-0.7%0.5%-1.9%15.1%9.0%5.4%4.7%
108Miscellaneous metal products0.0%1.2%2.7%7.8%5.3%2.9%2.8%
11MACHINERY AND EQUIPMENT0.0%3.1%4.4%6.4%4.5%2.6%1.8%
111Agricultural machinery and equipment0.1%1.0%3.2%9.4%6.6%3.9%3.5%
112Construction machinery and equipment0.2%5.8%6.1%8.2%6.4%3.6%3.4%
113Metalworking machinery and equipment0.2%4.4%5.8%6.7%4.5%2.8%2.4%
114General purpose machinery and equipment0.5%4.8%6.0%9.6%6.7%4.2%3.8%
115Electronic computers and computer equipment-0.4%254.1%257.9%56.5%28.9%12.2%2.4%
116Special industry machinery and equipment0.0%3.3%5.9%9.0%6.0%3.6%2.5%
117Electrical machinery and equipment-0.5%1.3%2.1%4.4%3.1%1.7%0.8%
118Miscellaneous instruments-0.1%4.5%6.4%5.9%4.2%2.9%2.3%
119Miscellaneous machinery0.2%4.0%5.5%4.9%3.6%2.0%2.3%
12FURNITURE AND HOUSEHOLD DURABLES0.1%1.2%2.4%6.9%5.0%3.1%2.5%
121Household furniture-0.8%0.5%0.9%7.1%5.1%3.2%2.8%
122Commercial furniture-0.1%1.4%4.0%8.9%6.6%4.2%3.3%
123Floor coverings1.4%0.0%1.1%2.8%1.8%1.5%2.4%
124Household appliances0.1%1.8%1.6%5.8%4.8%2.6%2.0%
125Home electronic equipment0.0%1.0%1.1%5.5%3.9%2.0%-0.4%
126Other household durable goods1.2%1.8%3.6%6.6%4.4%2.8%2.2%
13NONMETALIC MINERAL PRODUCTS0.5%4.9%5.9%8.7%6.0%4.2%4.1%
131Glass0.4%0.9%3.7%6.4%4.2%3.5%2.0%
132Concrete ingredients and related products0.5%8.6%8.9%8.3%6.4%5.1%4.6%
133Concrete products1.2%6.8%9.0%9.8%7.1%5.3%4.5%
134Clay construction products ex. refractories0.5%3.9%7.1%6.3%4.2%2.8%2.1%
135Refractories0.2%2.1%4.0%6.9%5.6%3.5%4.1%
136Asphalt felts and coatings0.7%2.0%3.1%10.0%7.3%3.3%5.5%
137Gypsum products-0.6%-1.6%-1.6%12.6%6.0%5.4%4.8%
138Glass containers-2.1%7.8%9.6%9.0%6.3%3.8%3.4%
139Other nonmetallic minerals0.0%3.8%3.0%8.1%4.9%2.8%3.9%
14TRANSPORTATION EQUIPMENT0.1%1.3%2.1%3.5%2.4%1.8%1.8%
141Motor vehicles and equipment0.0%0.5%1.5%3.7%2.3%1.8%1.5%
142Aircraft and aircraft equipment0.0%3.0%3.8%3.1%2.4%1.8%2.4%
143Ships and boats0.5%2.4%3.0%4.3%3.5%2.2%2.7%
144Railroad equipment0.0%1.3%1.3%1.8%1.3%1.0%2.3%
149Transportation equipment, n.e.c.0.7%2.6%1.9%6.0%4.1%2.6%2.0%
15MISCELLANEOUS PRODUCTS0.3%4.0%5.4%6.6%5.3%3.6%3.3%
151Toys, sporting goods, small arms, etc.0.8%3.6%7.3%8.3%5.7%3.3%2.4%
152Tobacco products, incl. stemmed & redried0.3%8.1%10.2%9.9%8.5%6.9%5.6%
153Notions2.0%3.2%3.5%7.5%4.6%3.2%3.7%
154Photographic equipment and supplies2.4%6.8%4.9%6.7%5.5%3.0%2.5%
155Mobile homes0.1%-1.5%-2.6%10.4%9.9%6.6%5.3%
156Medical, surgical & personal aid devices-0.1%1.9%2.9%2.4%2.0%1.4%1.3%
157Other industrial safety equipment0.3%3.1%6.9%7.2%5.4%2.9%2.3%
159Other miscellaneous products0.2%2.7%3.8%8.3%6.5%3.6%3.0%
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