The Producer Price Index for final demand increased 0.5 percent in June, seasonally adjusted, according to the U.S. Bureau of Labor Statistics.
In June, the advance in the final demand index was led by prices for final demand services, which rose 0.4 percent. The index for final demand goods advanced 0.8 percent.
Prices for final demand less foods, energy, and trade services rose 0.3 percent in June after declining 0.1 percent in May. For the 12 months ended in June, the index for final demand less foods, energy and trade services increased 0.9 percent.
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