One-Month Lag in Producer Price Indexes for Liquefied Petroleum Gas Removed.(Statistical Data Included)

PPI Detailed Report | July 1, 2001 | Copyright

Effective with this report, the 1-month lag in the Producer Price Index (PPI) for Liquefied Petroleum Gas, commodity code 05-32, has been eliminated. Since 1971, the liquefied petroleum gas index has been calculated with prices that lag behind the index reference date by 1 month. For example, the PPI for January contains liquefied petroleum gas prices for December.

In order to eliminate this lag, the Bureau of Labor Statistics utilized the natural gas liquids price data published by the Oil Price Information Service (OPIS) to estimate the PPI. These data are used in ...

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