HIDA Commodities Update

(As Of 8/3/2022)

August 2022
Many Commodities See Month-To-Month Decrease But Still Up Year-Over-Year 

The prices of many commodities fell month-to month including gasoline (-13%), diesel (-9%), aluminum (-9%), copper (-4%), cotton (-6%) and lead (-3%). Overall, the Bureau of Labor Statistics Producer Price index (PPI) continued to show month-to-month price increases in both goods and services. Crude Oil has increased both month-to-month (+6%) and year-over year (+63%).

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