• Linkdin

Seasonally-adjusted US PPI for final demand up 0.2% in Dec 2024

16 Jan '25
2 min read
Seasonally-adjusted US PPI for final demand up 0.2% in Dec 2024
Pic: Adobe Stock

Insights

  • The seasonally-adjusted producer price index for final demand in the US rose by 0.2 per cent in December 2024, the Bureau of Labour Statistics said.
  • This rise can be attributed to a 0.6-per cent rise in the index for final demand for goods in the month—the third consecutive advance.
  • The unadjusted index for final demand rose by 3.3 per cent in 2024 after rising by 1.1 per cent in 2023.
The seasonally-adjusted producer price index (PPI) for final demand in the United States rose by 0.2 per cent in December last year, according to the Bureau of Labour Statistics (BLS). This rise can be attributed to a 0.6-per cent rise in the index for final demand for goods in the month—the third consecutive advance.

Final demand prices rose by 0.4 per cent in November and 0.2 per cent in October.

On an unadjusted basis, the index for final demand increased by 3.3 per cent last year after moving up by 1.1 per cent in 2023.

The index for final demand less food, energy and trade services edged up by 0.1 per cent in December, the same as in November. Prices for final demand less foods, energy, and trade services rose by 3.3 per cent last year after rising by 2.7 per cent in 2023.

The December increase in prices for final demand for goods is attributed to a 3.5-per cent jump in the index for final demand energy, a BLS release said.

Within intermediate demand in December, the index for processed goods increased by 0.3 per cent.

Prices for processed goods for intermediate demand rose by 0.3 per cent in December following no change in November.

Prices for unprocessed goods for intermediate demand moved up by 3.2 per cent in December, the largest advance since rising 4.6 per cent in August 2022.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search