Analysis of January 2025 Producer Price Index (PPI) by Geography and Industry for Black, Asian, Hispanic, and Women-Owned Businesses
Analysis of January 2025 Producer Price Index (PPI) by Geography and Industry for Black, Asian, Hispanic, and Women-Owned Businesses The January 2025 Producer Price Index (PPI) shows a 0.4% increase in final demand , following a 0.5% rise in December 2024. The 12-month increase reached 3.5% , reinforcing continued inflationary pressures on businesses. This analysis examines the implications of this data across industries and geographic regions for Black, Asian, Hispanic, and women-owned businesses . 1. Industry-Specific Impacts Retail and Wholesale Trade Final demand trade services increased by 0.1% in January . Margins for food and alcohol retailing and apparel retailing rose, affecting minority businesses in these industries. Apparel, jewelry, and accessories retailing saw price increases , which could disproportionately impact Black and Hispanic business owners who are overrepresented in this sector. Implications: Black and Hispanic entrepreneurs in retail may need to adjust pric...