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Producer Price Index News Release summary

Transmission of material in this release is embargoed until USDL 24-2305
8:30 a.m. (ET) Thursday, November 14, 2024

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PRODUCER PRICE INDEXES - OCTOBER 2024


The Producer Price Index for final demand increased 0.2 percent in October, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.1 percent in
September and 0.2 percent in August. (See table A.) On an unadjusted basis, the index for final
demand moved up 2.4 percent for the 12 months ended in October.

In October, most of the rise in final demand prices can be traced to a 0.3-percent advance in the
index for final demand services. Prices for final demand goods inched up 0.1 percent.

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