Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released January 2025 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis):

  • Farm products increased 1.6% in the last month and rose 12.4% in the last twelve months
  • Processed foods + feeds rose 0.4% from December and increased 4.6% since January 2024
  • Textile products + apparel rose 0.5% in the last month and increased 1.2% in the last twelve months
  • Fuels, related products + power increased 5.2% since December and rose 2.0% from January 2024
  • Chemicals + allied products rose 0.8% in the last month and increased 1.6% in the last twelve months
  • Rubber + plastic products rose 0.2% since December and increased 0.9% since January 2024
  • Lumber + wood products saw no change in the last month and increased 1.3% in the last twelve months
  • Pulp, paper + allied products saw no change since December and rose 3.4% from January 2024
  • Metals + metal products rose by 0.7% in the last month and fell 1.1% in the last twelve months
  • Machinery + equipment rose 0.6% from December and increased 2.6% since January 2024
  • Furniture + household durables increased 0.6% in the last month and rose 1.6% in the last twelve months
  • Nonmetallic mineral products rose 2.5% since December and increased 4.0% from January 2024
  • Transportation equipment increased 0.1% in the last month and rose 1.6% in the last twelve months
  • Miscellaneous products rose 0.3% from December and increased 5.1% since January 2024

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through January 2025

 

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through January 2025

 PPI CodeBLS PPI Category Description1M 1/25YTD 1/251YR 1/253YR 1/255Y 1/2510YR 1/2520Y 1/25
01FARM PRODUCTS1.6%1.6%12.4%3.3%7.1%2.6%3.5%
011Fruits & melons, fresh/dry vegs. & nuts-15.4%-15.4%-6.7%0.1%0.3%1.5%3.2%
012Grains3.4%3.4%-0.8%-10.0%2.7%1.4%3.9%
013Slaughter livestock3.2%3.2%28.4%16.4%12.3%3.2%4.1%
014Slaughter poultry1.8%1.8%0.8%-0.6%8.3%2.8%3.8%
015Raw cotton-2.5%-2.5%-16.1%-16.9%-0.3%0.4%1.9%
016Raw milk-3.7%-3.7%15.0%4.0%3.1%1.9%1.8%
017Chicken eggs31.4%31.4%183.7%63.6%53.4%16.9%12.5%
018Hay, hayseeds and oilseeds3.4%3.4%-14.1%-9.3%1.9%0.1%3.1%
02PROCESSED FOODS AND FEEDS0.4%0.4%4.6%3.7%5.0%2.4%2.9%
021Cereal and bakery products0.1%0.1%-0.5%4.7%4.9%2.7%3.2%
022Meats, poultry, and fish0.7%0.7%9.9%2.2%5.8%1.7%2.8%
023Dairy products0.6%0.6%6.9%2.4%3.2%2.0%2.1%
024Processed fruits and vegetables0.1%0.1%0.6%9.0%7.1%4.1%3.9%
025Sugar and confectionery-0.6%-0.6%14.7%9.3%6.3%3.5%3.4%
026Beverages and beverage materials0.6%0.6%2.8%5.5%4.5%2.9%2.6%
027Fats and oils-2.0%-2.0%-5.4%-6.4%6.1%2.5%3.1%
028Miscellaneous processed foods1.0%1.0%4.5%6.6%5.5%3.1%2.9%
029Prepared animal feeds0.1%0.1%-3.3%-0.5%3.9%1.2%3.7%
03TEXTILE PRODUCTS AND APPAREL0.5%0.5%1.2%2.3%4.4%2.6%2.1%
031Synthetic fibers2.5%2.5%6.6%4.0%5.5%3.3%2.3%
032Processed yarns and threads0.1%0.1%0.5%-0.6%4.9%2.6%2.4%
033Greige fabrics-0.4%-0.4%-0.8%2.0%3.9%1.8%2.0%
034Finished fabrics0.1%0.1%0.8%2.2%4.8%2.8%2.6%
038Apparel & other fabricated textile prods0.3%0.3%1.5%2.9%3.2%2.2%1.9%
039Miscellaneous textile products/services0.4%0.4%-10.0%1.8%6.6%2.2%1.8%
04HIDES, SKINS, LEATHER, AND RELATED PRODUCTS-0.1%-0.1%-1.3%0.6%1.2%-2.5%0.3%
041Hides and skins, incl. cattle-0.2%-0.2%-13.6%-10.2%-6.8%-11.6%-3.7%
042Leather-0.3%-0.3%-1.7%0.4%1.7%-4.0%-0.5%
043Footwear0.0%0.0%2.1%4.6%4.2%2.9%2.8%
044Other leather and related products0.0%0.0%2.0%3.5%3.0%2.3%2.1%
05FUELS AND RELATED PRODUCTS AND POWER5.2%5.2%2.0%0.5%6.4%3.5%2.7%
051Coal0.7%0.7%-0.1%9.6%7.6%3.7%4.9%
053Gas fuels15.6%15.6%38.4%-2.3%14.2%1.4%-2.0%
055Utility natural gas4.0%4.0%3.0%-0.5%9.1%3.8%1.7%
056Crude petroleum (domestic production)14.1%14.1%7.1%-1.0%6.4%6.4%3.1%
057Petroleum products, refined4.9%4.9%-3.3%-3.2%5.2%4.2%3.5%
058Asphalt and other petroleum and coal products, n.e.c.11.0%11.0%0.7%-5.6%6.5%0.3%7.5%
06CHEMICALS AND ALLIED PRODUCTS0.8%0.8%1.6%-0.3%3.9%2.6%3.2%
061Industrial chemicals2.1%2.1%4.2%-2.9%4.3%2.1%2.7%
062Paints and allied products0.3%0.3%0.6%3.9%6.4%4.0%4.0%
063Drugs and pharmaceuticals-0.3%-0.3%0.7%1.9%2.0%3.4%4.4%
064Fats and oils, inedible0.1%0.1%-12.0%-0.3%10.2%4.2%4.3%
065Agricultural chemicals and chemical products0.1%0.1%-0.5%-5.6%6.9%2.3%3.3%
066Plastic resins and materials-0.2%-0.2%0.1%-4.8%3.9%0.6%1.6%
067Other chemicals and allied products1.6%1.6%2.3%4.7%4.8%3.1%2.9%
07RUBBER AND PLASTIC PRODUCTS0.2%0.2%0.9%1.7%5.5%3.0%3.1%
071Rubber and rubber products0.5%0.5%2.4%3.1%4.7%2.5%2.9%
072Plastic products0.1%0.1%0.4%1.4%5.7%3.1%3.1%
08LUMBER AND WOOD PRODUCTS0.0%0.0%1.3%-4.8%4.9%2.9%2.2%
081Lumber-0.2%-0.2%7.2%-13.3%4.8%2.3%1.5%
082Millwork-0.3%-0.3%1.0%0.1%6.0%4.2%3.0%
083Plywood-0.3%-0.3%-4.6%-5.2%6.6%2.5%1.8%
084Other wood products0.9%0.9%-0.6%-1.7%3.6%2.6%2.2%
085Logs, bolts, timber, pulpwood, woodchips and other roundwood products0.1%0.1%-1.7%-1.4%1.9%0.5%1.3%
086Prefabricated wood buildings & components1.8%1.8%2.4%3.2%7.7%5.3%3.4%
087Treated wood and contract wood preserving-1.2%-1.2%-0.9%0.2%5.7%3.0%2.6%
09PULP,PAPER, AND ALLIED PRODUCTS-0.2%-0.2%2.2%3.2%5.7%3.1%2.7%
091Pulp, paper, and prod., ex. bldg. paper-0.3%-0.3%2.4%2.5%5.5%2.8%2.8%
092Building paper & building board mill prods.-2.9%-2.9%-4.4%-8.4%8.3%4.9%2.5%
094Publications, printed matter & printing material0.5%0.5%2.3%6.6%6.0%3.6%
10METALS AND METAL PRODUCTS0.7%0.7%-1.1%-2.5%7.0%3.9%3.3%
101Iron and steel0.5%0.5%-13.5%-11.4%6.7%2.8%2.4%
102Nonferrous metals1.5%1.5%10.8%1.2%7.0%4.2%4.2%
103Metal containers2.0%2.0%1.9%0.5%6.8%4.2%3.2%
104Hardware0.4%0.4%0.9%2.4%5.0%3.3%2.8%
105Plumbing fixtures and fittings1.2%1.2%1.8%3.5%3.9%3.0%2.9%
106Heating equipment0.3%0.3%1.9%5.0%7.3%5.1%4.2%
107Fabricated structural metal products0.0%0.0%-1.1%1.6%9.1%5.4%3.8%
108Miscellaneous metal products0.4%0.4%2.9%4.1%5.5%3.3%2.7%
11MACHINERY AND EQUIPMENT0.6%0.6%2.6%4.8%4.7%2.9%2.0%
111Agricultural machinery and equipment-0.1%-0.1%1.0%4.6%5.9%3.8%3.2%
112Construction machinery and equipment0.7%0.7%0.7%4.8%5.5%3.6%3.2%
113Metalworking machinery and equipment0.4%0.4%2.5%5.3%5.0%3.1%2.5%
114General purpose machinery and equipment0.4%0.4%3.1%6.5%6.7%4.4%3.8%
115Electronic computers and computer equipment-0.1%-0.1%1.0%54.5%31.0%12.7%3.1%
116Special industry machinery and equipment0.1%0.1%1.8%5.3%6.0%3.7%2.6%
117Electrical machinery and equipment0.6%0.6%2.3%3.5%3.4%2.0%1.0%
118Miscellaneous instruments2.5%2.5%6.3%6.6%5.0%3.3%2.5%
119Miscellaneous machinery0.5%0.5%2.3%4.3%3.7%2.3%2.3%
12FURNITURE AND HOUSEHOLD DURABLES0.6%0.6%1.6%3.3%4.6%3.1%2.4%
121Household furniture0.6%0.6%2.2%2.7%4.3%3.2%2.6%
122Commercial furniture0.5%0.5%3.3%5.4%6.4%4.3%3.3%
123Floor coverings0.0%0.0%1.4%0.2%1.7%1.5%2.1%
124Household appliances1.3%1.3%-1.0%2.9%4.0%2.4%1.9%
125Home electronic equipment0.0%0.0%1.5%2.6%3.7%2.1%-0.1%
126Other household durable goods0.1%0.1%1.4%3.0%4.6%2.9%2.2%
13NONMETALIC MINERAL PRODUCTS2.5%2.5%4.0%6.8%6.5%4.5%4.1%
131Glass0.9%0.9%2.4%3.8%4.6%3.5%2.3%
132Concrete ingredients and related products2.6%2.6%4.9%8.4%7.2%5.6%4.8%
133Concrete products1.3%1.3%4.1%8.3%7.3%5.2%4.2%
134Clay construction products ex. refractories0.4%0.4%1.7%4.7%4.2%2.7%1.9%
135Refractories0.8%0.8%1.4%3.6%4.7%3.6%3.9%
136Asphalt felts and coatings-0.2%-0.2%1.0%4.4%6.7%3.8%5.5%
137Gypsum products0.1%0.1%5.5%4.7%7.9%5.0%4.1%
138Glass containers1.2%1.2%4.8%6.1%6.8%4.2%3.6%
139Other nonmetallic minerals6.1%6.1%4.9%6.7%6.0%3.5%4.1%
14TRANSPORTATION EQUIPMENT0.1%0.1%1.6%2.6%2.6%1.7%1.6%
141Motor vehicles and equipment0.1%0.1%1.4%2.2%2.6%1.7%1.3%
142Aircraft and aircraft equipment0.2%0.2%2.4%3.8%2.9%1.9%2.3%
143Ships and boats0.1%0.1%1.8%2.8%3.2%2.4%2.5%
144Railroad equipment-0.2%-0.2%-0.7%0.8%1.1%0.8%1.7%
149Transportation equipment, n.e.c.-0.4%-0.4%-1.5%1.2%3.0%2.4%1.7%
15MISCELLANEOUS PRODUCTS0.3%0.3%5.1%5.9%5.7%4.1%3.4%
151Toys, sporting goods, small arms, etc.-1.0%-1.0%-0.5%5.1%5.7%3.4%2.5%
152Tobacco products, incl. stemmed & redried0.1%0.1%10.8%10.4%9.5%7.4%6.1%
153Notions4.8%4.8%4.6%5.6%5.8%3.7%3.8%
154Photographic equipment and supplies-2.3%-2.3%3.0%3.7%3.6%2.7%2.5%
155Mobile homes0.2%0.2%1.8%0.7%8.2%6.1%4.6%
156Medical, surgical & personal aid devices1.0%1.0%2.4%2.9%2.4%1.7%1.3%
157Other industrial safety equipment1.8%1.8%3.5%6.4%5.8%3.2%2.5%
159Other miscellaneous products0.2%0.2%5.3%6.3%6.3%4.3%3.1%
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