Economy / Central Banks

Add as a preferred source on Google

Energy Drives September Producer Goods Prices Higher; PPI Up 6.3% Over 12 Months

Energy accounted for more than 80% of the monthly increase in final-demand goods prices. Gasoline rose 20.3% from August.

Updated 1 min read
A motorist refuels a car at a gasoline station in Washington, D.C. (AI-generated image / EconoTimes)
A motorist refuels a car at a gasoline station in Washington, D.C. (AI-generated image / EconoTimes)

Read the original article

The U.S. Bureau of Labor Statistics (BLS) reported producer prices rose 6.3% over the year through September, while energy supplied most of the monthly increase in final-demand goods prices.

Seasonally adjusted, the index advanced 1.3% from August. Without seasonal adjustment, it stood 6.3% above its September 2025 level. BLS said no monthly increase had been larger since March 2022, while the 12-month reading was the highest since December 2022.

Gasoline rose 20.3% from August and represented half of the increase in final-demand goods prices. Energy overall climbed 10.8%, supplying more than four-fifths of the goods index’s 2.6% advance.

Prices for transportation and warehousing increased 3.4%; the final-demand services index rose 0.8%.

The PPI measures price changes from producers’ perspective, while the Consumer Price Index (CPI) tracks changes in prices paid by consumers. The Fed’s 2% long-run inflation objective uses the personal consumption expenditures price index, so it is a separate measure from the PPI’s 6.3% annual reading.

The Federal Open Market Committee (FOMC) raised the federal funds target range by a quarter percentage point on Sept. 16, setting it at 3.75% to 4%. The Fed’s meeting calendar lists Oct. 27-28 as its next meeting.

EconoTimes previously covered the September PPI release in a report on Bitcoin (BTC)’s brief move below $80,000.

Related articles

View all