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“The Producer Price Index for final demand edged down 0.1 percent in January,” the U.S. Bureau of Labor Statistics announced on Thursday.

Key takeaways from the press release

  • Final demand prices also fell 0.1  percent in December and inched up 0.1 percent in November.
  • On an unadjusted  basis, the final demand index advanced 2.0 percent for the 12 months ended in January.  
  • The index for final demand less foods, energy, and trade services rose 0.2 percent in January  following no change in December.
  • For the 12 months ended in January, prices for final demand  less foods, energy, and trade services moved up 2.5 percent.