The Producer Price Index for final demand increased 0.5% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported April 14.
Final demand prices moved up 0.5% in
February and 0.6% in January. (See table A.) On an unadjusted basis, the index for final demand rose 4.0% for the 12 months ended in March, the largest 12-month advance since increasing 4.7% in February 2023.
The March rise in final demand prices can be attributed to a 1.6% advance in the index for final demand goods. Prices for final demand services were unchanged.
The index for final demand less foods, energy, and trade services increased 0.2% in March after climbing 0.5% in both February and January. For the 12 months ended in March, prices for final demand less foods, energy, and trade services rose 3.6%, the largest 12-month advance since moving up 3.6% in November 2025.
