The Producer Price Index (PPI) for final demand (FD) rose 0.3 percent in June, seasonally adjusted, the U.S. Department of Labor reported on Wednesday.
Final demand prices advanced 0.5 percent in May and 0.1 percent in April. On an unadjusted basis, the final demand index moved up 3.4 percent for the 12 months ending in June, the largest 12-month increase since climbing 3.7 percent in November 2011.
In June, most of the rise in the index for final demand was attributable to a 0.4 percent advance in prices for final demand services, the largest advance since a 0.5-percent rise in January.
Prices for final demand goods edged up 0.1 percent in June following a 1.0 percent rise in May.
Prices for final demand less foods, energy and trade services moved up 0.3 percent in June after rising 0.1 percent in May. For the 12 months ending in June, the index for final demand less foods, energy and trade services climbed 2.7 percent.
Final demand prices advanced 0.5 percent in May and 0.1 percent in April. On an unadjusted basis, the final demand index moved up 3.4 percent for the 12 months ending in June, the largest 12-month increase since climbing 3.7 percent in November 2011.
In June, most of the rise in the index for final demand was attributable to a 0.4 percent advance in prices for final demand services, the largest advance since a 0.5-percent rise in January.
Prices for final demand goods edged up 0.1 percent in June following a 1.0 percent rise in May.
Prices for final demand less foods, energy and trade services moved up 0.3 percent in June after rising 0.1 percent in May. For the 12 months ending in June, the index for final demand less foods, energy and trade services climbed 2.7 percent.
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