The Bureau of Labor Statistics (BLS) released October 2021 Producer Price Index (PPI) today. The all commodities index rose 2.0% in the last month and increased 22.2% in the last twelve months. Processed foods + feeds decreased 0.6% from September 2021 and rose 14.0% since October 2020. Cereal and bakery products rose 1.4% in the last month and increased by 6.6% in the last twelve months. Soft drinks increased 0.6% from September 2021 and rose 7.6% since October 2020. Textile products + apparel increased 1.6% in the last month and rose by 11.6% in the last twelve months.
Chemicals + allied products decreased 0.4% from September 2021 and rose 24.1% since October 2020. Prepared paint increased 1.0% in the last month and rose 11.5% in the last twelve months. Plastic resins + materials increased 3.3% from September 2021 and rose 44.6% since October 2020. Rubber + plastic products increased 1.7% in the last month and rose 16.9% in the last twelve months. Synthetic rubber, including styrene-butadiene rubber (SBR) + ethylene propylene, rose 1.4% from September 2021 and increased 31.9% since October 2020. Miscellaneous rubber products rose 1.0% in the last month and increased by 7.4% in the last twelve months. Plastic products rose 2.0% from September 2021 and rose 18.8% since October 2020.
Lumber + wood products rose 1.3% in the last month and increased by 3.3% in the last twelve months. Pulp, paper + allied products increased 1.5% from September 2021 and rose 13.9% since October 2020. Pulp, paper + products increased 2.3% in the last month and rose 16.2% in the last twelve months. Metals + metal products rose 2.4% from September 2021 and increased 42.5% since October 2020. Iron + steel rose 3.7% in the last month and increased 97.0% in the last twelve months. Iron + steel scrap increased 1.5% from September 2021 and rose by 61.5% since October 2020. Steel mill products rose 4.8% in the last month and increased 135.4% in the last twelve months. Nonferrous mill shapes increased 0.9% from September 2021 and rose 30.3% since October 2020.
Hardware rose 2.1% in the last month and increased 10.2% in the last twelve months. Heating equipment increased 1.5% from September 2021 and rose 14.1% since October 2020. Sheet metal products increased by 1.1% in the last month and rose by 30.7% in the last twelve months. Fabricated ferrous wire products increased 1.9% from September 2021 and rose by 21.3% since October 2020. Machinery + equipment rose 0.7% in the last month and increased by 5.0% in the last twelve months. Agricultural machinery + equipment rose 1.6% since September 2021 and increased 9.2% from October 2020. Industrial material handling equipment rose by 1.6% in the last month and increased 9.7% in the last twelve months. Air conditioning + refrigeration equipment increased 2.4% from September 2021 and rose 9.5% since October 2020.
Wiring devices rose 0.4% in the last month and increased 24.0% in the last twelve months. Transformers + power regulators rose 2.9% from September 2021 and increased 24.0% since October 2020. Transformers + power regulators rose by 2.9% in the last month and increased 24.0% in the last twelve months. Furniture + household durables rose by 0.6% from September 2021 and increased 8.0% since October 2020. Wood household furniture rose 1.1% in the last month and increased 8.9% in the last twelve months. Floor coverings rose 1.1% from September 2021 and increased 5.3% since October 2020. Truck + bus bodies increased 1.3% in the last month and rose by 6.4% in the last twelve months. Truck trailers rose 6.6% since September 2021 and increased 12.7% from October 2020.
BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through October 2021
| PPI Code | BLS PPI Category Description | 1M 10/21 | YTD 10/21 | 1Y 10/21 | 3Y 10/21 | 5Y 10/21 | 10Y 10/21 | 20Y 10/21 |
|---|---|---|---|---|---|---|---|---|
| 01 | FARM PRODUCTS | -0.7% | 14.5% | 24.4% | 8.5% | 6.7% | 0.6% | 3.2% |
| 011 | Fruits & melons, fresh/dry vegs. & nuts | 6.3% | 3.8% | -6.8% | 5.4% | 4.0% | 3.0% | 4.0% |
| 012 | Grains | -2.4% | 27.1% | 54.8% | 16.1% | 12.2% | -1.0% | 5.1% |
| 013 | Slaughter livestock | -2.3% | 21.2% | 24.4% | 5.5% | 6.0% | 0.4% | 2.6% |
| 014 | Slaughter poultry | -2.1% | 30.2% | 68.1% | 10.4% | 8.1% | 4.1% | 3.8% |
| 015 | Raw cotton | 13.8% | 45.0% | 49.6% | 12.5% | 8.8% | 0.9% | 5.0% |
| 016 | Raw milk | 2.9% | -14.1% | -10.0% | 0.7% | 0.3% | -1.3% | 0.3% |
| 017 | Chicken eggs | -11.8% | 43.7% | 39.2% | 0.2% | 18.6% | -1.2% | 3.6% |
| 018 | Hay, hayseeds and oilseeds | -5.2% | 7.7% | 34.0% | 13.4% | 6.8% | 0.2% | 4.1% |
| 02 | PROCESSED FOODS AND FEEDS | -0.6% | 10.2% | 14.0% | 5.0% | 3.2% | 1.7% | 2.7% |
| 021 | Cereal and bakery products | 1.4% | 8.1% | 6.6% | 3.2% | 2.5% | 1.5% | 2.7% |
| 022 | Meats, poultry, and fish | -3.4% | 23.2% | 35.3% | 9.8% | 5.6% | 3.1% | 3.1% |
| 023 | Dairy products | 1.3% | 4.6% | 2.5% | 2.5% | 1.7% | 0.5% | 1.7% |
| 024 | Processed fruits and vegetables | 0.2% | 2.9% | 4.3% | 2.1% | 2.0% | 1.7% | 2.8% |
| 025 | Sugar and confectionery | 0.7% | 3.0% | 2.9% | 1.9% | 1.1% | 0.6% | 2.7% |
| 026 | Beverages and beverage materials | 0.6% | 2.3% | 3.0% | 2.4% | 1.8% | 1.3% | 2.0% |
| 027 | Fats and oils | -1.3% | 39.0% | 51.0% | 14.4% | 8.0% | 1.7% | 6.3% |
| 028 | Miscellaneous processed foods | 1.2% | 5.0% | 3.8% | 2.4% | 2.3% | 1.5% | 2.1% |
| 029 | Prepared animal feeds | -1.8% | 7.3% | 19.7% | 6.1% | 3.7% | 1.0% | 3.8% |
| 03 | TEXTILE PRODUCTS AND APPAREL | 1.6% | 12.9% | 11.6% | 3.9% | 3.4% | 1.7% | 1.7% |
| 031 | Synthetic fibers | 3.1% | 21.7% | 18.8% | 5.4% | 5.4% | 2.4% | 1.8% |
| 032 | Processed yarns and threads | 3.9% | 24.6% | 20.0% | 5.0% | 5.0% | 0.9% | 2.4% |
| 033 | Greige fabrics | 0.8% | 10.7% | 10.4% | 2.6% | 2.1% | 0.1% | 1.5% |
| 034 | Finished fabrics | 0.4% | 11.8% | 11.9% | 4.9% | 3.7% | 2.0% | 2.0% |
| 038 | Apparel & other fabricated textile prods | 0.9% | 4.9% | 4.2% | 2.0% | 1.7% | 1.7% | 1.3% |
| 039 | Miscellaneous textile products/services | 4.2% | 20.1% | 17.6% | 2.9% | 3.1% | 1.2% | 1.6% |
| 04 | HIDES, SKINS, LEATHER, AND RELATED PRODUCTS | -5.9% | 6.2% | 30.7% | 1.4% | -1.4% | -1.1% | 0.6% |
| 041 | Hides and skins, incl. cattle | -16.5% | 4.0% | 128.4% | -1.2% | -6.9% | -6.1% | -1.6% |
| 042 | Leather | -7.7% | 21.4% | 51.4% | 4.3% | -1.7% | -2.0% | 0.3% |
| 043 | Footwear | 0.2% | 3.0% | 2.8% | 2.0% | 1.8% | 2.4% | 2.0% |
| 044 | Other leather and related products | 0.4% | 2.5% | 2.1% | 1.6% | 1.6% | 2.0% | 1.6% |
| 05 | FUELS AND RELATED PRODUCTS AND POWER | 7.5% | 45.7% | 44.3% | 6.3% | 8.2% | 0.7% | 4.1% |
| 051 | Coal | 2.3% | 4.1% | 2.6% | -0.2% | 0.7% | -0.5% | 3.7% |
| 053 | Gas fuels | 30.2% | 141.9% | 133.9% | 24.3% | 15.4% | 1.4% | 3.6% |
| 055 | Utility natural gas | 11.7% | 27.6% | 29.6% | 12.1% | 7.7% | 3.5% | 2.8% |
| 056 | Crude petroleum (domestic production) | 16.6% | 75.9% | 102.5% | 1.5% | 10.7% | -1.5% | 5.6% |
| 057 | Petroleum products, refined | 8.1% | 68.9% | 77.1% | 6.1% | 11.9% | -0.6% | 6.1% |
| 058 | Asphalt and other petroleum and coal products, n.e.c. | 1.4% | 24.9% | 43.1% | -0.5% | 11.7% | -1.7% | 7.7% |
| 06 | CHEMICALS AND ALLIED PRODUCTS | -0.4% | 21.4% | 24.1% | 5.0% | 5.3% | 2.2% | 4.2% |
| 061 | Industrial chemicals | -2.8% | 42.5% | 51.9% | 5.2% | 7.5% | 0.1% | 5.0% |
| 062 | Paints and allied products | 0.3% | 11.0% | 10.0% | 5.2% | 4.6% | 2.5% | 3.7% |
| 063 | Drugs and pharmaceuticals | -0.3% | 1.9% | 1.8% | 2.3% | 3.1% | 4.7% | 4.5% |
| 064 | Fats and oils, inedible | -0.4% | 60.0% | 74.7% | 25.4% | 11.2% | 1.0% | 7.8% |
| 065 | Agricultural chemicals and chemical products | 1.8% | 33.2% | 36.0% | 8.6% | 7.6% | 1.3% | 4.1% |
| 066 | Plastic resins and materials | 3.3% | 42.3% | 44.6% | 10.1% | 7.7% | 3.4% | 4.4% |
| 067 | Other chemicals and allied products | 0.9% | 6.1% | 6.1% | 2.5% | 2.2% | 1.7% | 2.3% |
| 07 | RUBBER AND PLASTIC PRODUCTS | 1.7% | 17.6% | 16.9% | 5.2% | 4.5% | 2.1% | 3.0% |
| 071 | Rubber and rubber products | 0.8% | 10.5% | 10.7% | 2.9% | 2.8% | 0.3% | 2.7% |
| 072 | Plastic products | 2.0% | 19.8% | 18.8% | 5.9% | 5.0% | 2.7% | 3.1% |
| 08 | LUMBER AND WOOD PRODUCTS | 1.3% | 8.4% | 3.3% | 7.2% | 5.7% | 4.3% | 2.6% |
| 081 | Lumber | 5.4% | 0.3% | -14.4% | 10.5% | 7.2% | 5.8% | 2.6% |
| 082 | Millwork | 1.0% | 14.7% | 14.1% | 7.7% | 6.2% | 4.6% | 3.1% |
| 083 | Plywood | -5.3% | 2.0% | 3.1% | 4.0% | 6.0% | 4.2% | 2.5% |
| 084 | Other wood products | -0.3% | 19.1% | 21.4% | 7.8% | 6.3% | 4.1% | 2.5% |
| 085 | Logs, bolts, timber, pulpwood, woodchips and other roundwood products | -1.7% | 7.7% | 13.2% | 1.5% | 1.7% | 1.2% | 1.8% |
| 086 | Prefabricated wood buildings & components | -0.3% | 19.4% | 19.7% | 8.8% | 7.1% | 4.7% | 3.4% |
| 087 | Treated wood and contract wood preserving | 3.0% | -1.1% | -14.4% | 4.2% | 3.2% | 3.9% | 1.9% |
| 09 | PULP,PAPER, AND ALLIED PRODUCTS | 1.5% | 14.1% | 13.9% | 4.7% | 4.0% | 2.0% | 2.5% |
| 091 | Pulp, paper, and prod., ex. bldg. paper | 2.3% | 17.8% | 16.2% | 4.7% | 4.3% | 2.1% | 2.7% |
| 092 | Building paper & building board mill prods. | -5.9% | 8.9% | 26.0% | 16.1% | 11.5% | 8.1% | 5.0% |
| 094 | Publications, printed matter & printing material | 0.1% | 5.1% | 6.1% | 3.3% | 2.4% | 1.3% | |
| 10 | METALS AND METAL PRODUCTS | 2.4% | 39.9% | 42.5% | 12.9% | 10.6% | 3.7% | 4.9% |
| 101 | Iron and steel | 3.7% | 84.5% | 97.0% | 20.2% | 17.4% | 5.1% | 6.9% |
| 102 | Nonferrous metals | 1.4% | 20.3% | 22.1% | 11.7% | 9.6% | 2.6% | 5.1% |
| 103 | Metal containers | 2.3% | 16.6% | 15.1% | 5.5% | 5.5% | 2.3% | 2.9% |
| 104 | Hardware | 2.1% | 12.1% | 10.2% | 5.1% | 4.0% | 2.4% | 2.6% |
| 105 | Plumbing fixtures and fittings | 0.2% | 3.3% | 3.1% | 3.4% | 3.0% | 2.3% | 2.6% |
| 106 | Heating equipment | 1.5% | 15.0% | 14.1% | 6.5% | 5.1% | 3.6% | 3.8% |
| 107 | Fabricated structural metal products | 1.6% | 35.8% | 36.2% | 11.3% | 8.8% | 4.5% | 4.2% |
| 108 | Miscellaneous metal products | 1.6% | 11.4% | 9.9% | 4.3% | 3.8% | 1.8% | 2.2% |
| 11 | MACHINERY AND EQUIPMENT | 0.7% | 5.5% | 5.0% | 2.9% | 2.3% | 1.4% | 1.1% |
| 111 | Agricultural machinery and equipment | 1.6% | 10.2% | 9.2% | 4.9% | 3.6% | 2.5% | 2.8% |
| 112 | Construction machinery and equipment | 1.6% | 7.0% | 5.4% | 4.5% | 2.9% | 2.4% | 2.7% |
| 113 | Metalworking machinery and equipment | 0.8% | 5.4% | 4.8% | 2.7% | 2.3% | 1.7% | 1.7% |
| 114 | General purpose machinery and equipment | 1.2% | 8.4% | 7.7% | 4.2% | 3.7% | 2.7% | 3.0% |
| 115 | Electronic computers and computer equipment | -1.1% | 3.2% | 3.1% | -1.9% | -1.2% | -2.4% | -5.4% |
| 116 | Special industry machinery and equipment | -0.1% | 9.8% | 11.1% | 4.7% | 3.4% | 2.2% | 1.9% |
| 117 | Electrical machinery and equipment | 0.4% | 4.1% | 3.6% | 2.2% | 1.6% | 0.8% | 0.2% |
| 118 | Miscellaneous instruments | 0.4% | 2.3% | 2.1% | 2.0% | 1.9% | 1.7% | 1.7% |
| 119 | Miscellaneous machinery | 0.5% | 2.9% | 2.5% | 1.9% | 1.5% | 1.0% | 1.8% |
| 12 | FURNITURE AND HOUSEHOLD DURABLES | 0.6% | 9.3% | 9.0% | 4.4% | 3.6% | 2.2% | 2.0% |
| 121 | Household furniture | 0.7% | 11.0% | 10.8% | 4.7% | 3.9% | 2.6% | 2.4% |
| 122 | Commercial furniture | 0.7% | 11.2% | 10.7% | 5.6% | 4.7% | 2.9% | 2.6% |
| 123 | Floor coverings | 1.1% | 6.1% | 5.3% | 2.1% | 2.5% | 1.5% | 2.4% |
| 124 | Household appliances | 0.5% | 6.9% | 5.6% | 4.0% | 3.1% | 1.8% | 1.3% |
| 125 | Home electronic equipment | 0.2% | 6.8% | 6.4% | 3.4% | 1.9% | 0.7% | -1.0% |
| 126 | Other household durable goods | 0.4% | 8.6% | 9.8% | 4.2% | 3.0% | 2.0% | 1.7% |
| 13 | NONMETALIC MINERAL PRODUCTS | 0.7% | 7.0% | 6.6% | 3.5% | 3.4% | 3.0% | 3.3% |
| 131 | Glass | 2.0% | 6.3% | 6.6% | 3.6% | 3.0% | 2.7% | 1.5% |
| 132 | Concrete ingredients and related products | 0.3% | 4.4% | 4.1% | 3.9% | 3.7% | 3.8% | 3.8% |
| 133 | Concrete products | 0.7% | 6.5% | 5.3% | 4.1% | 3.8% | 3.5% | 3.4% |
| 134 | Clay construction products ex. refractories | 1.1% | 5.2% | 4.6% | 2.8% | 2.0% | 1.5% | 1.3% |
| 135 | Refractories | 0.1% | 6.5% | 5.8% | 3.6% | 3.8% | 2.7% | 3.5% |
| 136 | Asphalt felts and coatings | 0.2% | 13.5% | 12.4% | 5.1% | 5.1% | 1.7% | 5.0% |
| 137 | Gypsum products | 1.8% | 20.2% | 22.2% | 5.3% | 6.0% | 7.0% | 5.2% |
| 138 | Glass containers | 0.0% | 5.4% | 5.2% | 3.3% | 2.5% | 2.0% | 2.6% |
| 139 | Other nonmetallic minerals | 0.3% | 6.9% | 6.6% | 1.9% | 2.3% | 1.8% | 3.2% |
| 14 | TRANSPORTATION EQUIPMENT | 0.6% | 3.1% | 3.3% | 1.5% | 1.3% | 1.3% | 1.4% |
| 141 | Motor vehicles and equipment | 0.8% | 3.8% | 4.3% | 1.5% | 1.3% | 1.2% | 1.0% |
| 142 | Aircraft and aircraft equipment | 0.2% | 1.2% | 1.1% | 1.4% | 1.3% | 1.4% | 2.2% |
| 143 | Ships and boats | 0.2% | 3.9% | 3.7% | 2.7% | 2.1% | 1.7% | 2.5% |
| 144 | Railroad equipment | 0.4% | 1.3% | 1.0% | 0.4% | 0.4% | 1.0% | 2.1% |
| 149 | Transportation equipment, n.e.c. | 0.8% | 6.8% | 6.3% | 2.9% | 2.6% | 1.7% | 1.5% |
| 15 | MISCELLANEOUS PRODUCTS | 0.9% | 5.6% | 5.3% | 4.1% | 3.5% | 2.7% | 2.5% |
| 151 | Toys, sporting goods, small arms, etc. | 0.6% | 8.3% | 7.9% | 4.1% | 2.6% | 1.8% | 1.6% |
| 152 | Tobacco products, incl. stemmed & redried | 0.9% | 7.0% | 8.7% | 6.6% | 6.5% | 5.6% | 4.4% |
| 153 | Notions | 3.0% | 8.7% | 5.9% | 3.6% | 3.0% | 1.8% | 3.0% |
| 154 | Photographic equipment and supplies | 1.8% | 7.4% | 4.9% | 4.7% | 3.4% | 3.0% | 1.5% |
| 155 | Mobile homes | 2.1% | 25.0% | 20.1% | 13.5% | 10.1% | 6.3% | 5.1% |
| 156 | Medical, surgical & personal aid devices | 0.3% | 1.2% | 0.5% | 1.3% | 1.1% | 0.9% | 1.2% |
| 157 | Other industrial safety equipment | 0.0% | 5.3% | 5.6% | 3.6% | 1.7% | 1.9% | 1.8% |
| 159 | Other miscellaneous products | 1.9% | 7.9% | 6.4% | 5.2% | 3.9% | 2.1% | 2.2% |
Note: Capitalized BLS PPI Category Descriptions denote a 02-digit BLS PPI Major Commodity Group. These represent the 15 commodity-based BLS groups used as IPIC Pooling method LIFO pools.
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