Producer Prices Edge Down 0.1 percent in January

Producer prices declined 0.1 percent in January, seasonally adjusted, after decreasing 0.1 percent in December, according to the U.S. Bureau of Labor Statistics. Producer prices rose 2.0 percent on an un-adjusted basis for the twelve months ending in January.

The index for final demand goods moved down 0.8 percent in January, the largest decrease since September 2015. The index for final demand energy was the biggest drag, dropping 3.8 percent, while prices for final demand goods less foods and energy grew 0.3 percent.

Prices for final demand services edged up 0.3 percent. Prices for final demand transportation and warehousing increased 0.5 percent in January. Prices for final demand trade increased 0.8%.

Read the BLSĀ release.

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