U.S. wholesale prices rise at fastest pace since 2009, PPI shows, as inflation pressures keep ...

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1. From the source:

PPI for final demand advances 0.6% in April, goods and services both rise 0.6%

Economic News Release USDL 21-0859

Producer Price Index News Release summary

Transmission of material in this release is embargoed until
8:30 a.m. (ET), Thursday, May 13, 2021

Technical information: [phone] * [e-mail] * www.bls.gov/ppi
Media contact: [phone] * [e-mail]

PRODUCER PRICE INDEXES - APRIL 2021


The Producer Price Index for final demand increased 0.6 percent in April, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 1.0 percent in
March and 0.5 percent in February. (See table A.) On an unadjusted basis, the final demand
index moved up 6.2 percent for the 12 months ended in April, the largest advance since 12-
month data were first calculated in November 2010.

About two-thirds of the April advance in the final demand index can be traced to a 0.6-percent
increase in prices for final demand services. The index for final demand goods also moved up 0.6
percent.

The index for final demand less foods, energy, and trade services rose 0.7 percent in April following an increase of 0.6 percent in March. For the 12 months ended in April, prices for final demand less foods, energy, and trade services moved up 4.6 percent, the largest advance since 12-month data were first calculated in August 2014.

Final Demand

Final demand services: Prices for final demand services rose 0.6 percent in April, the fourth consecutive advance. Half of the broad-based increase in April is attributable to the index for final demand services less trade, transportation, and warehousing, which moved up 0.5 percent. Margins for final demand trade services also rose 0.5 percent, and the index for final demand transportation and warehousing services jumped 2.1 percent. (Trade indexes measure changes in margins received by wholesalers and retailers.)

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The Producer Price Index for May 2021 is scheduled to be released on Tuesday, June 15, 2021 at 8:30 a.m. (ET).

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