The Bureau of Labor Statistics (BLS) released July 2018 Producer Price Indexes (PPI) today. The All commodities aggregate index increased by 0.2% from June to July ’18 on a seasonally unadjusted basis, and has increased by 5.8% over a one year period. Industrial commodities also rose 0.4% over the last month, and has increased by 7.2% over a one year period. Prices for the Iron and steel group increased 0.8% from June to July ’18, and has increased by 13.4% over a one year period. The Chemicals and allied products group rose 0.7% over the same one month period, and has increased 6.5% over a one year period. Pulp, paper and allied products also rose 0.7% over the last month, and has increased by 2.2% over a one year period. The top 10 gainers for the month of July are listed by PPI category in the table below (all indexes mentioned above and in tables below are seasonally unadjusted):
PPI Historical Inflation Rates for Selected Commodities Thru July 2018
