The Bureau of Labor Statistics (BLS) released April 2016 PPI today. A summary of the new index data is as follows:
PPI Top 10 April Gainers by BLS Major 3-4 Digit Commodity Groups | |||
PPI Category Code | PPI Category Description | 04/2015-04/2016 Average Inflation | March-April ’16 Average Inflation |
063 | Drugs and pharmaceuticals | 8.5% | 0.7% |
0252 | Raw cane sugar and sugar cane mill products and by-products | 7.4% | 3.2% |
092 | Building paper & building board mill prods. | 5.6% | 1.6% |
1224 | Commercial furniture and fixtures, n.e.c. | 5.5% | 0.7% |
1344 | Clay floor and wall tile, glazed and unglazed | 5.4% | 3.3% |
1392 | Insulation materials | 4.1% | 2.3% |
0637 | Biological products, including diagnostics | 3.7% | 2.5% |
1371 | Gypsum products | 3.4% | 4.9% |
1075 | Heat exchangers and steam condensers | 3.0% | 0.5% |
1513 | Small arms and ammunition | 2.8% | 0.5% |
Source: BLS Table 9. Producer price indexes and percent changes for commodity and service groupings and individual items, not seasonally adjusted |
Click here for the April ’16 PPI BLS News Release: April ’16 PPI News Release