Moblico Blog banner
Team Moblico

Team Moblico

Wholesale Prices Rose 9.7% in 2021

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

https://s33009.pcdn.co/news/strategy-research/research/wholesale-prices-rose-9-7-in-2021/?utm_source=rss&utm_medium=rss&utm_campaign=wholesale-prices-rose-9-7-in-2021

The U.S. Bureau of Labor Statistics says the Producer Price Index for final demand increased 0.2% in December, which followed advances of 1% in November and 0.6% in October.

On an unadjusted basis, final demand prices moved up 9.7% in 2021, the largest calendar-year increase since data were first calculated in 2010, BLS says.

In December, the advance in the final demand index can be traced to a 0.5% increase in prices for final demand services. Conversely, the index for final demand goods decreased 0.4%.

Prices for final demand less foods, energy, and trade services rose 0.4% in December following a 0.8% increase in November. In 2021, the index for final demand less foods, energy, and trade services moved up 6.9%, following a 1.3% advance in 2020.

The post Wholesale Prices Rose 9.7% in 2021 appeared first on Modern Distribution Management.

More to explorer

NAW Summit: Distribution Execs Get In-Person Glance at 2022 and Beyond

https://s33009.pcdn.co/blog/strategy-research/strategy/naw-summit-distribution-execs-get-in-person-glance-at-2022-and-beyond/?utm_source=rss&utm_medium=rss&utm_campaign=naw-summit-distribution-execs-get-in-person-glance-at-2022-and-beyondIn the frigid Nation’s Capital, the National Association of Wholesale-Distributors made a triumphant return to an in-person conference this week during its