Hardwood lumber, millwork and plywood prices also increased.

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U.S. softwood lumber PPI rises 12.3% in April

U.S. softwood lumber PPI rises 12.3% in April

Imagem: iStock

U.S. producer prices for softwood lumber rose 12.3% in April and increased 0.9% over the past 12 months, according to the U.S. Bureau of Labor Statistics.

April changes also included a 0.5% increase in hardwood lumber after a 0.1% decline in March. Millwork rose 0.7%, while plywood increased 1.2%.

The Producer Price Index for final demand increased 1.4% in April on a seasonally adjusted basis. On an unadjusted basis, final demand prices rose 6.0% for the 12 months ended in April.

Imagem: U.S. PPI changes for selected wood products (monthly changes and 12-month unadjusted change) / U.S. Bureau of Labor Statistics