Final Demand Producer Prices up 7.3 Percent in June 2021

The Producer Price Index for final demand increased 7.3% from June 2020 to June 2021, the largest over-the-year percentage increase since these data began in November 2010.

For the 12 months ended in June 2021, prices for final demand less foods, energy, and trade services increased 5.5%, the largest 12-month percentage increase since these data began in August 2014. Prices for goods increased 11.7% while prices for services increased 5.2%.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see “Producer Price Indexes — June 2021.” Producer price indexes measure prices U.S. producers receive for goods, services, and construction. All producer price data are subject to revision once, four months after initial publication. Also see charts related to the latest “U.S. Producer Price Indexes” news release.