Price Index Profiles

Price Index Profiles are data-forward reports track over 1,500 price indices sourced primarily from the Bureau of Labor Statistics (BLS).

They draw on the Bureau of Labor Statistics’ Producer Price Index (PPI) survey, which measures the average change over time in the prices that domestic producers receive for their goods and services. These prices are often captured at the first commercial transaction.

Price Index Profiles are currently only available for the US.

There are 1,976 US Price Index Profiles (download the full list), covering everything from the price of food and raw materials to the price of loans, healthcare services and finished goods.

No. The former Price Driver Profiles are now called Business Environment Profiles. Price Index Profiles differ in that they do not contain analysis and are more data-forward, offering more granular monthly data than Business Environment Profiles.

Enhance supplier negotiations with data-driven insights

Leverage historical and recent pricing trends to validate supplier pricing, negotiate better terms and ensure fair contract agreements.

Strengthen cost modeling and budgeting

Incorporate input cost trends into your financial models to improve the accuracy of budgets and forecasts for procurement categories.

Anticipate market volatility and mitigate risks

Monitor early signals of price fluctuations in raw materials or services to proactively adjust sourcing strategies and reduce exposure to cost spikes.

Optimize sourcing strategies

Use detailed price index data to identify cost-saving opportunities, evaluate alternative suppliers and make informed decisions about long-term agreements

Support strategic decision-making with credible data

Back up procurement recommendations and sourcing strategies with reliable, third-party data on input costs, ensuring alignment with organizational goals.

The Performance Snapshot gives a visual overview of the price index's historical and forecast values, including compound annual growth rates (CAGR) and a long-term trend chart. This section helps you quickly grasp how the index has changed over time and where it's headed.

You can also find the monthly and annual data behind the graph in a table at the bottom of the section.

This section lists the markets impacted by changes in the price index and links to the corresponding Procurement Reports for each market.

Data for Price Index Profiles is primarily sourced from the Bureau of Labor Statistics’ (BLS) Producer Price Index (PPI) survey, which measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.

We generate forecasts for Price Index Profiles using the most appropriate model based on the index’s frequency, volatility and seasonal behavior. Methods may include hybrid machine learning, generalized time series, time series with external regressors or seasonal decomposition.

This flexible approach enables our forecasts to adapt to various economic conditions while maintaining accuracy and reliability.

Yes, you can download the chart or the data table. Click your preferred download format next to Download in the bottom right-hand corner of either the chart or the table.

We update Price Index Profiles every two months.

Because producers do not keep tariffs and taxes as revenue, these costs are excluded from Producer Price Index (PPI) data. However, producers may adjust prices in response to tariffs, indirectly affecting the PPI.

For example, if a domestic producer faces import competition and tariffs are placed on those imports, it may raise prices. These price changes would be reflected in the PPI.

Likewise, if a foreign country imposes tariffs on US exports, a domestic producer might lower prices to compete abroad or sell excess inventory at home, and those declines would also appear in the PPI.

Profiles, all indices are anchored to a base year (usually 1982 for BLS, the source of this data). Values shown in charts and data callouts reflect how much the indexed item has risen or fallen since that base year.

For example, the Producer Price Index for technical, scientific, and professional book printing and binding shows a value of 153.8. This means the cost has increased by 53.8% since the 1982 base period.

While the majority of price indices in our Price Index Profiles represent the change over time in the selling prices received by domestic producers for their output, the measurements are somewhat more nuanced for the services listed below:

For additional questions regarding Price Index Profiles, please contact your Client Relationship Manager. If you don’t have an IBISWorld account, please contact us to learn more about our membership options.