The Bureau of Labor Statistics (BLS) released April 2018 Producer Price Indexes (PPI) today. The All commodities aggregate index increased by 0.6% from March ’18 to April ’18 on a seasonally unadjusted basis, and has increased by 3.6% over a one year period. Prices for the Iron and steel group increased 3.4% from March ’18 to April ’18, and has increased by 10.8% over a one year period. The Metals and metal products group rose 1.7% over the same one month period, and has increased 7.6% over a one year period. Refined petroleum products also rose 4.5% over the last month, and has increased by 21.7% over a one year period. Industrial commodities also rose 0.8% from March ’18 – April ’18, and has increased by 4.2% over a one year period. The top 10 gainers for the month of April are listed by PPI category in the table below:
PPI Historical Inflation Rates for Selected Commodities Thru 4/18
