Does outside manufacturing mean sales to consumers?

Not necessarily. The series still belongs to intermediate demand, so buyers mainly use fuel in business operations rather than final consumption.

How does this series differ from the manufacturing sales branch?

The key difference is the customer's industry. The underlying raw fuel pricing may be similar.

Do higher prices prove that demand outside manufacturing has strengthened?

No. Prices can rise due to tightened supply or changes in product composition even if demand volume is flat.

US Unprocessed fuels sold to nonmanufacturing Producer Price Index (PPI)

Name: US Unprocessed fuels sold to nonmanufacturing Producer Price Index (PPI)
Creator: FRED (Federal Reserve Bank of St. Louis)
License: https://creativecommons.org/licenses/by/4.0/

US Unprocessed fuels sold to nonmanufacturing Producer Price Index (PPI) stood at 110.88 in Sep 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the PPI table (Value · Monthly), with a complete series running from Jan 1947 to Sep 2026. The complete series with an interactive chart, free to download.

Source: FRED (Federal Reserve Bank of St. Louis)Last updated: Oct 15, 2026, 22:32 UTCCurated by Bui Thanh Phuc

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This indicator in the PPI table

Indicator	09-2026	08-2026	07-2026	06-2026	05-2026	04-2026	03-2026	02-2026	01-2026	12-2025
Nonfood raw materials	333.76	296.2	294.43	298.98	325.72	318.65	311.13	312.54	291.8	266.74
Crude fuels	114.6	111.11	119.74	113.18	106.34	116.79	122.04	248.41	215.47	170.09
Sales to non-manufacturing industries	110.88	107.08	116.53	109.6	101.98	112.97	118.6	255.99	220.14	170.74

Understanding US Unprocessed fuels sold to nonmanufacturing Producer Price Index (PPI)

This price branch tracks crude fuels sold to non-manufacturing activities—namely, locations utilizing energy or raw materials without transforming them into industrial manufactured goods. Basket sorting relies on both commodity traits and buyer industries. Compared to intermediate demand raw fuel indexes, scope here represents non-manufacturing sales alone; compared to manufacturing sales branches, differences lie in transaction destinations rather than fuel types.

Point levels represent relative price changes from base periods, lacking unit average prices or utilization demand measurements. Monthly series fluctuate sharply with world energy prices, weather, or shipping routes. Month-on-month comparisons display latest price impulses but bear seasonal effects; year-on-year comparisons suit extended pressure assessments. Readers should check whether fluctuations stem from general prices or commodity weight shifts. If weights, base periods, or industry boundaries are updated, old and new levels may not be fully consistent; recent data is subject to revision.

Frequently asked questions

Does outside manufacturing mean sales to consumers?: Not necessarily. The series still belongs to intermediate demand, so buyers mainly use fuel in business operations rather than final consumption.
How does this series differ from the manufacturing sales branch?: The key difference is the customer's industry. The underlying raw fuel pricing may be similar.
Do higher prices prove that demand outside manufacturing has strengthened?: No. Prices can rise due to tightened supply or changes in product composition even if demand volume is flat.