Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released June 2022 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis):

  • Farm products decreased 1.0% in the last month and increased 26.5% in the last twelve months
  • Processed foods + feeds rose 1.2% from May 2022 and increased 11.3% since June 2021
  • Textile Products + apparel rose 0.9% in the last month and increased by 14.8% in the last twelve months
  • Fuels, related products + power rose 12.5% since May 2022 and increased 69.4% from June 2021
  • Chemicals + allied products rose 0.6% in the last month and increased 12.8% in the last twelve months
  • Rubber + plastic products increased 1.2% from May 2022 and rose 18.8% since June 2021
  • Pulp, paper + allied products rose 0.7% in the last month and increased 15.6% in the last twelve months
  • Metals + metal products decreased 1.5% from May 2022 and increased 15.7% since June 2021
  • Machinery + equipment rose 0.8% in the last month and increased 11.1% in the last twelve months
  • Furniture + household durables rose 1.3% since May 2022 and rose 11.8% from June 2021
  • Nonmetallic mineral products increased by 1.1% in the last month and rose 12.2% in the last twelve months
  • Transportation equipment rose 0.4% from May 2022 and increased 5.2% since June 2021
  • Miscellaneous products increased 0.4% in the last month and rose 8.5% in the last twelve months

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through June 2022

 

 

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through June 2022

 PPI CodeBLS PPI Category Description1M 06/22YTD 06/221Y 06/223Y 06/225Y 06/2210Y 06/2220Y 06/22
01FARM PRODUCTS-1.0%24.4%26.5%16.8%9.6%3.6%5.1%
011Fruits & melons, fresh/dry vegs. & nuts-1.3%0.0%21.6%2.9%3.8%3.9%3.6%
012Grains0.0%30.7%23.6%24.9%18.0%3.3%7.1%
013Slaughter livestock1.9%14.1%4.5%8.3%2.8%1.6%4.2%
014Slaughter poultry-1.5%33.6%56.0%22.9%9.9%7.0%6.4%
015Raw cotton-0.1%30.3%70.2%31.3%13.8%4.8%7.0%
016Raw milk-1.9%44.8%51.8%17.6%12.1%5.8%4.4%
017Chicken eggs-30.2%51.4%156.1%54.7%27.1%8.9%6.2%
018Hay, hayseeds and oilseeds4.3%32.4%18.6%24.9%13.0%2.0%5.8%
02PROCESSED FOODS AND FEEDS1.2%10.4%11.3%7.7%4.6%2.6%3.3%
021Cereal and bakery products1.0%10.1%16.7%6.4%4.7%2.4%3.3%
022Meats, poultry, and fish2.2%7.3%0.8%9.6%4.2%3.1%3.7%
023Dairy products0.9%16.1%21.1%7.7%5.1%3.2%3.1%
024Processed fruits and vegetables1.0%7.3%11.1%4.9%3.6%2.3%3.1%
025Sugar and confectionery0.1%5.4%9.3%3.3%2.4%1.1%2.7%
026Beverages and beverage materials0.8%5.1%8.4%3.6%2.8%1.9%2.3%
027Fats and oils0.2%23.2%34.5%24.7%12.5%4.3%7.2%
028Miscellaneous processed foods2.1%14.8%19.7%7.3%5.0%2.8%2.8%
029Prepared animal feeds-0.2%14.4%13.2%10.6%6.9%1.6%4.6%
03TEXTILE PRODUCTS AND APPAREL0.9%6.7%14.8%7.0%4.8%2.6%2.2%
031Synthetic fibers0.5%2.3%10.2%6.4%5.4%2.4%2.1%
032Processed yarns and threads0.3%16.3%30.5%13.0%8.3%3.7%3.4%
033Greige fabrics1.9%9.4%19.4%6.7%4.4%1.8%2.1%
034Finished fabrics0.6%7.2%14.7%7.8%5.4%2.9%2.6%
038Apparel & other fabricated textile prods0.9%2.1%7.3%3.2%2.4%1.9%1.5%
039Miscellaneous textile products/services4.8%20.4%37.9%13.9%7.0%3.2%2.8%
04HIDES, SKINS, LEATHER, AND RELATED PRODUCTS0.4%1.6%-12.2%1.9%-2.3%-1.6%0.5%
041Hides and skins, incl. cattle-0.2%-0.5%-44.8%-1.8%-11.3%-8.3%-2.1%
042Leather1.8%-2.8%-6.2%3.5%-3.1%-2.7%-0.1%
043Footwear0.0%4.0%8.4%3.4%2.9%2.8%2.3%
044Other leather and related products0.5%3.4%5.6%2.4%2.2%2.3%1.8%
05FUELS AND RELATED PRODUCTS AND POWER12.5%55.2%69.4%25.7%15.7%5.0%6.6%
051Coal-1.0%51.8%49.9%13.4%8.0%3.3%5.4%
053Gas fuels16.5%82.1%194.7%64.4%24.4%11.4%6.3%
055Utility natural gas11.3%14.0%60.0%22.4%11.5%6.9%5.0%
056Crude petroleum (domestic production)22.0%82.3%74.5%32.8%21.4%3.5%8.9%
057Petroleum products, refined11.6%80.8%93.7%33.4%23.2%4.8%9.3%
058Asphalt and other petroleum and coal products, n.e.c.26.4%73.6%102.7%31.4%27.4%3.9%11.4%
06CHEMICALS AND ALLIED PRODUCTS0.6%7.5%12.8%9.0%6.1%3.1%4.7%
061Industrial chemicals1.3%9.5%18.7%12.8%8.2%1.8%5.6%
062Paints and allied products1.7%15.7%24.6%10.6%8.0%3.4%4.3%
063Drugs and pharmaceuticals0.2%1.7%2.4%2.1%2.7%4.5%4.5%
064Fats and oils, inedible2.2%25.7%11.5%31.5%14.0%2.3%8.1%
065Agricultural chemicals and chemical products-5.1%16.5%42.3%18.5%12.5%4.1%5.7%
066Plastic resins and materials1.5%4.2%4.3%12.9%7.0%3.4%4.7%
067Other chemicals and allied products1.3%7.8%13.4%5.5%4.1%2.6%2.8%
07RUBBER AND PLASTIC PRODUCTS1.2%7.6%18.8%9.2%6.2%3.1%3.5%
071Rubber and rubber products1.1%9.1%15.5%6.5%4.1%1.3%3.2%
072Plastic products1.2%7.2%19.8%9.9%6.8%3.7%3.7%
08LUMBER AND WOOD PRODUCTS-6.4%5.6%-6.4%12.5%7.9%5.2%3.4%
081Lumber-18.3%-6.7%-27.4%15.7%8.3%6.4%3.3%
082Millwork-0.6%10.5%12.4%11.9%8.3%5.5%3.7%
083Plywood-1.1%22.2%-22.0%19.6%11.8%6.3%4.2%
084Other wood products-1.1%12.5%12.5%10.5%8.3%5.0%3.2%
085Logs, bolts, timber, pulpwood, woodchips and other roundwood products0.9%5.7%7.2%5.6%3.4%2.0%2.2%
086Prefabricated wood buildings & components-3.2%12.2%15.7%14.4%9.8%6.0%4.1%
087Treated wood and contract wood preserving-0.7%10.6%0.3%9.6%7.1%4.3%3.1%
09PULP,PAPER, AND ALLIED PRODUCTS0.7%8.3%15.6%8.6%5.4%3.1%3.0%
091Pulp, paper, and prod., ex. bldg. paper1.6%7.6%17.4%8.4%5.2%3.1%3.2%
092Building paper & building board mill prods.-15.7%15.5%-14.0%28.3%14.1%9.1%6.3%
094Publications, printed matter & printing material1.2%9.6%16.5%7.2%5.0%2.7%
10METALS AND METAL PRODUCTS-1.5%2.7%15.7%15.5%10.4%4.5%5.1%
101Iron and steel-2.7%-4.4%17.1%22.9%14.1%5.5%6.6%
102Nonferrous metals-2.7%6.2%6.7%13.4%9.2%3.4%5.5%
103Metal containers1.1%15.5%30.3%11.2%9.0%4.2%3.9%
104Hardware0.2%2.8%13.8%7.3%5.2%3.1%2.9%
105Plumbing fixtures and fittings0.3%7.6%11.0%5.2%4.6%3.1%3.0%
106Heating equipment0.8%5.0%16.6%8.8%7.3%4.4%4.3%
107Fabricated structural metal products0.5%9.0%26.1%16.2%11.3%5.7%4.9%
108Miscellaneous metal products0.4%6.4%14.7%6.8%5.5%2.7%2.7%
11MACHINERY AND EQUIPMENT0.8%6.3%11.1%4.8%3.7%2.1%1.5%
111Agricultural machinery and equipment0.9%7.2%17.4%8.1%5.7%3.4%3.3%
112Construction machinery and equipment1.4%5.6%12.7%5.8%4.5%3.0%3.0%
113Metalworking machinery and equipment0.9%6.0%10.3%4.7%3.7%2.4%2.1%
114General purpose machinery and equipment1.2%9.9%16.2%7.3%5.8%3.6%3.5%
115Electronic computers and computer equipment-0.2%4.0%6.8%1.7%-0.2%-1.9%-4.6%
116Special industry machinery and equipment0.2%8.7%15.6%7.6%5.2%3.1%2.4%
117Electrical machinery and equipment0.8%4.5%8.2%3.3%2.6%1.3%0.5%
118Miscellaneous instruments0.8%6.6%9.4%3.9%3.1%2.3%2.1%
119Miscellaneous machinery0.4%4.4%7.6%3.4%2.7%1.5%2.0%
12FURNITURE AND HOUSEHOLD DURABLES1.3%6.2%11.8%6.4%5.0%2.8%2.4%
121Household furniture0.5%4.6%11.0%6.7%5.1%3.1%2.7%
122Commercial furniture2.2%8.9%13.4%8.1%6.4%3.6%3.1%
123Floor coverings-0.3%-3.0%1.5%1.5%2.3%1.3%2.4%
124Household appliances1.6%8.3%17.5%6.0%4.9%2.3%1.7%
125Home electronic equipment0.4%4.2%11.3%5.1%3.1%1.4%-0.7%
126Other household durable goods1.2%8.2%10.9%6.8%4.7%2.8%2.2%
13NONMETALIC MINERAL PRODUCTS1.1%8.7%12.2%6.1%4.9%3.7%3.7%
131Glass0.2%3.9%7.0%4.7%3.7%3.1%1.7%
132Concrete ingredients and related products0.7%8.1%8.6%5.2%4.6%4.3%4.1%
133Concrete products1.6%8.7%12.9%6.5%5.3%4.4%3.9%
134Clay construction products ex. refractories0.4%3.2%6.8%3.8%2.7%2.0%1.6%
135Refractories0.4%6.8%10.5%4.8%4.9%3.1%3.8%
136Asphalt felts and coatings3.6%17.0%21.0%10.5%8.2%3.7%5.6%
137Gypsum products0.0%13.4%19.0%13.2%6.8%6.9%4.9%
138Glass containers0.0%10.1%15.6%6.2%4.6%2.9%3.1%
139Other nonmetallic minerals1.1%8.5%12.6%5.1%4.0%2.3%3.7%
14TRANSPORTATION EQUIPMENT0.4%2.8%5.2%2.7%2.1%1.6%1.6%
141Motor vehicles and equipment0.4%2.8%5.5%2.9%2.1%1.6%1.2%
142Aircraft and aircraft equipment0.4%2.9%4.0%2.0%1.8%1.6%2.3%
143Ships and boats0.4%3.7%8.1%3.9%3.0%2.1%2.8%
144Railroad equipment0.0%-1.8%2.4%0.7%0.7%1.0%2.2%
149Transportation equipment, n.e.c.0.1%5.9%12.3%5.6%4.0%2.5%2.0%
15MISCELLANEOUS PRODUCTS0.4%6.0%8.5%5.4%4.5%3.2%2.8%
151Toys, sporting goods, small arms, etc.3.1%9.1%12.6%6.0%4.7%2.8%2.1%
152Tobacco products, incl. stemmed & redried0.2%5.7%10.2%7.5%7.0%6.0%4.5%
153Notions0.3%3.6%13.1%5.8%3.5%2.6%3.3%
154Photographic equipment and supplies0.7%7.5%10.3%4.7%4.4%2.3%2.1%
155Mobile homes-0.2%9.2%17.8%18.9%12.0%7.4%5.7%
156Medical, surgical & personal aid devices-0.3%2.5%2.5%1.9%1.6%1.1%1.2%
157Other industrial safety equipment0.0%7.8%11.4%5.5%3.6%2.7%2.1%
159Other miscellaneous products0.5%10.3%13.3%7.2%5.6%3.2%2.7%
CPI BLS Economic News Release BLS PPI Table 9 Detailed Report BLS PPI Table 11 Detailed Report Good LIFO Candidates