August core PPI up 0.4%

The Producer Price Index for final demand increased 0.3 percent in August, seasonally

adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices 

rose 0.6 percent in July and fell 0.2 percent in June. On an unadjusted basis, the 

final demand index declined 0.2 percent for the 12 months ended in August.

In August, the rise in prices for final demand was led by a 0.5-percent increase in 

the index for final demand services. Prices for final demand goods also advanced, 

inching up 0.1 percent.

The index for final demand less foods, energy, and trade services moved up 0.3 

percent in August, the same as in both July and June. For the 12 months ended in 

August, prices for final demand less foods, energy, and trade services increased 0.3 

percent.