Producer Prices Declined 0.3 percent in September

Producer prices fell 0.3 percent in September, seasonally adjusted, after rising 0.1 percent in August, according to the U.S. Bureau of Labor Statistics. Producer prices rose 1.4 percent on an un-adjusted basis for the twelve months ending in September. The “core” measure of producer prices, which is final demand less foods, energy, and trade, was unchanged in September, but up 1.7 percent from a year ago.

The index for final demand goods decreased 0.4 percent in September, following last month’s 0.5 percent decrease. The index for final demand energy was the biggest driver, falling 2.5 percent, while prices for final demand goods less foods and energy fell 0.1 percent.

Prices for final demand services were declined 0.2 percent in September. Prices for final demand trade led the decline, falling 1.0%. Prices for final demand transportation and warehousing also declined 1.0 percent in September after increasing 0.3 percent in August.

Read the BLS release.